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Author: Carole Nakhle
Publisher: Routledge
ISBN: 1134080336
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
This book provides a framework of economic analysis which both governments and the petroleum industry can draw upon in their negotiation of fiscal terms that offer a fair and just basis of wealth allocation and encourage balanced oil field development.
Author: Carole Nakhle
Publisher: Routledge
ISBN: 1134080336
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
This book provides a framework of economic analysis which both governments and the petroleum industry can draw upon in their negotiation of fiscal terms that offer a fair and just basis of wealth allocation and encourage balanced oil field development.
Author: Chris Rowland
Publisher: Springer
ISBN: 1349087173
Category : Business & Economics
Languages : en
Pages : 181
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 38
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Book Description
Author:
Publisher:
ISBN:
Category : European Economic Community countries
Languages : en
Pages : 514
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Book Description
Author: Alex Kemp
Publisher: Routledge
ISBN: 1136653872
Category : Business & Economics
Languages : en
Pages : 725
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Book Description
Written by the leading expert in the history of UK energy, this study provides new, in-depth analysis of the development of UK petroleum policies towards the North Sea based on full access to the Government’s relevant archives.
Author: Alex Kemp
Publisher: Routledge
ISBN: 1136653864
Category : History
Languages : en
Pages : 821
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Book Description
Written by the leading expert in the history of UK energy, this study provides new, in-depth analysis of the development of UK petroleum policies towards the North Sea oil and gas industry from the early 1960s to the early 1980s. Following on from volume I (The Growing Dominance of the State) to discuss the more recent history of the North Sea oil and gas industry, here Alex Kemp offers new insights into developments in the industry. The controversial decisions to raise gas prices to consumers and to introduce the Gas Levy are discussed, while the thinking behind the gradual reduction in taxation - including the abolition of SPD (Supplementary Petroleum Duty) and the removal of royalties on new developments - is fully explained. The various options considered to reduce the powers of BNOC (British National Oil Corporation), then privatise its upstream assets, and finally to abolish the state company altogether are fully discussed, as is the thinking leading up to the privatisation of the British Gas Corporation in 1986. This volume also sheds light on the development of policies onshore, particularly the role of the OSO (Offshore Supplies Office), and the response of British industry to the North Sea opportunity. Finally, the evolution of policies relating to health, safety, decommissioning, and the environment over the whole period of the study are examined. The Official History of North Sea Oil and Gas will be of interest to students of North Sea oil and gas, energy economics, business history, and British politics, as well as to petroleum professionals and policymakers.
Author:
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 962
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Book Description
Author: Emre Üşenmez
Publisher: Routledge
ISBN: 1315414074
Category : Business & Economics
Languages : en
Pages : 199
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Book Description
Since its inception some 40 years ago, petroleum-specific taxation in the UK has been subject to numerous modifications. Often these modifications were brought into place not only to sufficiently incentivise the investors but also to capture a fair share for the government. However, it is evident from the frequency of changes that finding the right balance between these two aims is no easy matter. Such a balance, and the consequent fiscal stability, is necessary for the long-term relationship between the parties to endure to their mutual benefit. Still, it does not take much for one or other party to feel that they are out of balance. As a consequence, one party feels that the other party is taking an undue proportion of the value generated and that they are losing out. Yet achieving that balance and fiscal stability is possible. To understand this possibility, this book first clarifies what is meant by sufficient incentivisation and fair share before developing a new fiscal system that manages this balance and stability. Such clarification yields objective criteria against which to assess not only the existing regime, but also the newly proposed regime. This approach is further complemented by the critical analysis of the fiscal legislative framework and the evaluation of the legal positions of specific contractual elements and mechanisms found within that framework. This latter analysis is important in order to reduce the legal uncertainty such elements may create, which can otherwise lead to further reactive amendments and revisions to the fiscal regime in the future.
Author:
Publisher:
ISBN:
Category : Energy development
Languages : en
Pages : 430
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Book Description
Author: Danny Hann
Publisher: Springer
ISBN: 1349080837
Category : Business & Economics
Languages : en
Pages : 183
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Book Description
