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  • The oil & gas fiscal framework: Is it fit for purpose?
    The United Kingdom Continental Shelf (UKCS) fiscal framework is perceived by industry as an unpredictable, unstable and complex regime, according to Deloitte’s oil and gas survey. As the UKCS matures, challenges mount and urgent and wide-ranging industry reform is necessary.
  • Outlook for oilfield services
    This is the first edition of the Deloitte Outlook for oilfield services. The forward-looking report is based on in-depth interviews with 12 executives of oilfield services companies. Its purpose is to obtain companies’ views of their current business environment and where they think the market is heading, both in the short and long term.
  • UK upstream independents league table 2013
    The UK upstream independents sector is vital to the ongoing success of the UK based oil and gas industry. Participants in this sector play a key role in the development of reserves, not only on the UK Continental Shelf (UKCS), but increasingly overseas, resulting in a significant contribution to both industry and the UK economy.
  • Global Oil & Gas Tax newsletter - October 2013
    Feature article spotlights supply chain and business model optimisation in the oil and gas business, including a discussion on substance and tax implications of cross-border transactions. In addition, the newsletter contains articles addressing new oil and gas tax developments in Australia, Brazil, Canada, China, East Africa, and Lebanon.
  • The impact of the new UK GAAP standards on upstream oil and gas
    In this months’ CFO issue of Drillers & Dealers produced by the Oil Council, Anna-Louise Peters discusses the recent introduction of three new standards published by the Financial Reporting Council (FRC) which replace current UK GAAP – excluding the Financial Reporting Standard for Small Entities (FRSSE) – and introduce an IFRS reduced disclosure framework (pages 38-40).
  • Potential Bowland Basin shale gas development
    Oil and gas production in the UK is in decline. Government projections forecast a decrease in oil and gas tax revenue of over 50 per cent from 2011-12 to 2016-17. What are the potential economic and fiscal impacts of shale gas in the UK?
  • Oil and Gas Reality Check 2013: A look at the top issues facing the global oil and gas sector
    Drawing on our research team's findings supplemented by expert perspectives from our partners, clients, and industry executives, this year's report focuses on five key issues: shale gas, LNG pricing, resource nationalism, National Oil Companies, and managing project complexity.
  • Global Oil & Gas Tax newsletter – July 2013
    UK tax incentives extended to R&D activities and income derived from intellectual property; new incentives may apply to the oil and gas industry.
  • UK Fuel Market
    In association with the RAC Foundation, we have compiled an overview of the UK fuel market. Accompanying this are six fact sheets that cover UK fuel taxation, crude oil, transport of crude oil and refined products, refining, storage, and fuel retail. Visit the RAC Foundation’s website to download.
  • Global Oil & Gas Tax newsletter – April 2013
    Technical developments in various jurisdictions around the world, and global hot topics. Focus this quarter is China and investment structures for entry, applicable taxes, and industry tax trends.
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