Angolan President João Lourenço at his inauguration in 2017 Upstream

Angola fires first salvo of petroleum reforms

The first significant piece of legislation passed under Angola's new president will speed up the country's licensing process.

By Felix Janvrin 17 April 2018
Upstream

Shtokman investment decision first, then tax breaks

The Russian Energy Ministry must receive an investment decision on the Shtokman field before it can determine the possibility of introducing tax breaks for the project, Deputy Energy Minister Sergei Kudryashov told journalists.

20 October 2011
Upstream

Argentina’s shale and subsidy conundrum

In the second story looking at prospects for Argentina’s gas industry ahead of the presidential election on 23 October, Chris Noon examines the likely long-term subsidy environment in the country.

18 October 2011
Upstream

No decision yet on Shtokman tax breaks - Shmatko

A decision to award individual tax breaks for the Shtokman gas project or to include the project in the new system for all offshore fields has yet to be reached, Russian Energy Minister Sergei Shmatko told Interfax on Tuesday.

18 October 2011
Upstream

Transfer pricing law should apply to Gazprom in full

Russia’s Finance Ministry opposes exempting Gazprom from new transfer pricing rules next year, which could open up the gas producer and pipeline monopoly to fines for non-market transactions, Deputy Finance Minister Sergei Shatalov told reporters on Tuesday.

18 October 2011
Markets

US Supreme Court to decide whether Shell can be prosecuted for alleged human rights abuses in Nigeria

The United States’ Supreme Court will utilise a lawsuit brought against Royal Dutch Shell to decide whether corporations can be prosecuted in US courts for complicity in human rights abuses abroad, a report said on Monday.

18 October 2011
Markets

BP in Russia: quashing uncertainty

Robert Dudley, BP’s CEO is seeking to restore the credibility of the company’s investment strategy in the country. However, with ongoing legal tussles with TNK-BP, its principle investment vehicle

18 October 2011
Markets

GDF Suez fights gas price freeze

French major GDF Suez has launched a formal complaint to the French government over its decision to freeze domestic gas prices this winter, a move the oil and gas giant estimates will cost it €290 million ($399 million).

17 October 2011
Upstream

Consumer organisation fails to block EDF’s Belgian acquisitions

The EU General Court on 12 October dismissed a challenge by the Belgian consumer protection organisation Association Belge des Consommateurs Test-Achats (ABCTA) against French electricity company EDF’s acquisition of Segebel, which owns power company assets in Belgium.

17 October 2011
Upstream

Turkey’s failed experiment with market liberalisation

After 10 years, only 14% of the country’s gas imports are in private hands – compared with a target of 80% set in 2001. What is causing the delay?

14 October 2011
Upstream

Egypt’s uncertain future

As Egypt prepares for parliamentary elections in November, the country’s long-term energy policy looks uncertain. To kickstart much-needed investment the country’s offshore reserves, the new regim

14 October 2011
Markets

Reform of China's gas pricing policy pending

China is considering modifying its gas pricing policy due to rapidly growing demand, with changes potentially taking effect as early as the end of the year, a gas industry analyst told Interfax on Thursday.

13 October 2011
Upstream

Argentina on the brink

In the first part of this two-part series ahead of Argentina’s presidential election on 23 October, Chris Noon examines how the country’s comatose energy policy has given it an LNG addiction.

13 October 2011
Upstream

Xinjiang set for $785 mln resource tax revenue windfall this year

Revenue from an oil and gas resource tax levied by the Xinjiang Uyghur Autonomous Region is expected to total RMB 5 billion ($785 million) this year, the Urumqi Evening Post reported on 12 October.

12 October 2011
Upstream

Arab Spring disrupts much needed gas price reform

The revolutions that swept across the Middle East and North Africa this year have disrupted much-needed gas price reforms, Hakim Darbouche from the Oxford Institute of Energy Studies (OIES) told Interfax on Wednesday.

12 October 2011
Environment

Australia’s carbon tax looks likely following house approval

The Australian government’s carbon pricing legislation cleared the lower house of the federal parliament on Wednesday, making it virtually assured that large polluters will start paying for their greenhouse gas emissions from July 2012.

12 October 2011
Upstream

Kurds need greater say in draft oil and gas law – Iraqi speaker

The semi-autonomous Kurdish region should have a greater say over Iraq’s new draft oil and gas law, Osama Al Nujaifi, Speaker of the Council of Representatives of Iraq told Interfax on Tuesday.

11 October 2011
Upstream

UKCS requires stable tax regime, says Oil & Gas UK

The future of the UK oil and gas industry still hinges on bringing back predictability and stability to the sector through a fair tax regime, UK trade body Oil & Gas UK told Interfax on Tuesday.

11 October 2011
Markets

China to implement oil and gas tax

The Chinese government has increased oil and gas taxation throughout the country. So what does it mean for the hard pressed state-owned producers?

11 October 2011
Upstream

Shale gas faces impasse in France

With concerns around hydraulic fracturing rising in France, the government took the decision to cancel three shale gas exploration permits last week, affecting two energy firms.

10 October 2011
Upstream

US shale gas industry needs to fight together

Interfax talks with leading energy lawyer Ken Culotta, about why, rather than rejecting calls for greater regulation of fracking, the US shale gas industry should be encouraging it.

7 October 2011

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