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Russia To Guarantee Low Taxes On Arctic Oil Projects 4/24/2012 Russia has reacted to industry lobbying with the announcement of a 'globally competitive' tax regime to facilitate the extraction of substantial oil reserves lying offshore in the Arctic Circle as Russia's onshore deposits decline.
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Russia Hints At Higher Gas Company Taxes 4/19/2012 Russian Prime Minister, and President-elect, Vladimir Putin has announced that taxation will be hiked on gas projects to more fairly distribute the tax burden.
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Philippines Delays Hike In Mining Taxes 3/13/2012 Following concerted opposition from within the sector, the proposed executive
order to increase the Philippine government’s revenues from mining contracts,
which was to have been issued by President Benigno Aquino last month, has been
delayed.
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UK To Cash In On Falklands Oil Discovery 2/24/2012 The governments of the Falkland Islands and the United Kingdom stand to benefit
from as much as USD167bn in windfall taxes according to a new report on oil and gas deposits
thought to lie in the maritime area surrounding the Falkland Islands.
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