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The state of Russia's oil sector is marked by a general deterioration of the oil extraction conditions owing to depletion of existing deposits in developed regions and significantly higher extraction costs at the new oil fields and tight oil deposits. In order to improve the situation,...
Persistent link: https://www.econbiz.de/10012986097
Russian Abstract: В работе рассматривается государственная налоговая политика по отношению к нефтяной отрасли экономики России, анализируются возможные меры такой...
Persistent link: https://www.econbiz.de/10012921069
Russian oil sector has achieved maximum levels of production on and exports. Oil extraction is at the highest point since 1990 and oil exports are at the all-time maximum. Meanwhile, prospects for the development of the oil sector are determined by deterioration of the oil extraction conditions...
Persistent link: https://www.econbiz.de/10012992287
Russian Abstract: В работе рассматриваются основные подходы к построению налоговых режимов для нефтяного сектора экономики. Проведен сравнительный анализ различных...
Persistent link: https://www.econbiz.de/10012957690
The development of the Russian oil industry requires new greenfield projects involving high development costs. In this context, the idea of introducing a tax on extra revenue (TER) for the oil industry has been debated extensively. The tax is supposed to ensure the minerals resource rent is...
Persistent link: https://www.econbiz.de/10012945139
В работе рассматривается мировой опыт налогообложения добывающей промышленности, включая как основные принципы, так и практику налогообложения с выделением...
Persistent link: https://www.econbiz.de/10014157402
In 2012 and the 1st quarter of 2013, the situation on the global oil market was characterized by prevalence of high global prices on oil. In March, the deal on purchasing of TNK-BP Company by Rosneft, a state-owned oil company was completed. As a result, Rosneft has become one of the largest oil...
Persistent link: https://www.econbiz.de/10014158453
Persistent link: https://www.econbiz.de/10014164521
Russian crude oil gained 33.5% in value from the previous year, selling at an average of $70.9 per barrel in the period between January and November 2018. The increase stemmed from, among other things, a cooperative agreement to limit oil production, known as OPEC+. Global oil prices dropped...
Persistent link: https://www.econbiz.de/10014108502
Amid low crude oil prices resulting from the excessive supply over demand, oil production at high-cost deposits began falling, drastically decreased investments in the development of non-traditional deposits including shale oil in US. However, falling oil production at the high-cost deposits is...
Persistent link: https://www.econbiz.de/10012998570