scholarly journals Current Developments in Oil & Gas Income Tax Legislation

1975 ◽  
Vol 13 (1) ◽  
pp. 46
Author(s):  
C. A. Rae

Federal income taxation is an area of increasing concern to the resource industry. Fhe author deals with current developments in the taxation field as they affect the oil and gas industry. This paper provides general over-view of 1973 and 1974 case law and departmental bulletins, and possible future effects of, and questions concerning, some of the May 6,1974 Budget proposals, as they relate to the oil and gas industry.

1976 ◽  
Vol 14 (3) ◽  
pp. 383
Author(s):  
John G. McDonald

Federal income taxation is an area ofincreasing concern to the resource industries. The author deals with current developments in the taxation field as they affect the oil and gas industry. The paper gives general over-view of case law and statutes. The applicable budgets, both Federal and Provincial, are also discussed.


1985 ◽  
Vol 24 (1) ◽  
pp. 143
Author(s):  
Robert P. Desbarats ◽  
Lorne W. Carson ◽  
Donald E. Greenfield

The purpose of this paper is to discuss recent developments in the la w which are of interest to lawyers whose practice relates to the oil and gas industry. It deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry. These cases have been included either because they involve situations analogous to those which occur frequently in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation, which is the subject of a separate paper delivered at this year's conference. The review of the legislation is effective as of May 1, 1985.**


1977 ◽  
Vol 15 (3) ◽  
pp. 455
Author(s):  
M. A. Carten

In his paper Mr. Carten discusses the Canadian federal income tax system and its application to the oil and gas industry. His principal concern is with those situations in which the taxation of the profits of the industry is not subject to the same basic principles of taxation as are other business operations in Canada.


1987 ◽  
Vol 26 (1) ◽  
pp. 152
Author(s):  
Robert P. Desbarats ◽  
Donald E. Greenfield ◽  
Michael J. Hopkins

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. The paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation. The review of legislation is effective as of June 1,1987.


1986 ◽  
Vol 25 (1) ◽  
pp. 82
Author(s):  
Robert P. Desbarats ◽  
Donald E. Greenfield ◽  
Lorne W. Carson

The purpose of this paper is to discuss recent developments in the law which are of interest to lawyers whose practices relate to the oil and gas industry. The paper deals with both judicial decisions and statutory developments during the last year. Some of the cases discussed do not pertain directly to the oil and gas industry, but have been included either because they involve situations analogous to those which occur in the oil and gas business or because they concern principles of law which are applicable to that industry. In order to place some limit on the scope of the paper, only federal and Alberta legislative developments are reported. In addition, we have not discussed federal income tax legislation. The review of legislation is effective as of April 1,1986.


2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.


Author(s):  
Sorin Alexandru Gheorghiu ◽  
Cătălin Popescu

The present economic model is intended to provide an example of how to take into consideration risks and uncertainties in the case of a field that is developed with water injection. The risks and uncertainties are related, on one hand to field operations (drilling time, delays due to drilling problems, rig failures and materials supply, electric submersible pump [ESP] installations failures with the consequences of losing the well), and on the other hand, the second set of uncertainties are related to costs (operational expenditures-OPEX and capital expenditures-CAPEX, daily drilling rig costs), prices (oil, gas, separation, and water injection preparation), production profiles, and discount factor. All the calculations are probabilistic. The authors are intending to provide a comprehensive solution for assessing the business performance of an oil field development.


2018 ◽  
Vol 2018 (4) ◽  
pp. 79-99
Author(s):  
Elena Fedorova ◽  
Oleg Rogov ◽  
Valery Klyuchnikov

In this study, a relationship between the mood of news and the response of the oil and gas industry index of the Russian Federation was revealed. The empirical base of the study included 8.5 million news from foreign sources. Research methodology: fuzzy sets, naive Bayesian classifier, Pearson correlation coefficient. As a result of the research, it was discovered that: 1) negative news affects the stronger than the positive on the stock index; 2) news on companies affect the value of the index, and news on the industry affect the volume of trading; 3) the sanctions did not significantly affect the coverage of Russian oil and gas companies.


1991 ◽  
Vol 29 (1) ◽  
pp. 171
Author(s):  
Calvin S. Goldman

In this article, the author examines recent developments under the federal Competition Act and its potential impact on mergers in the oil and gas industry. The author provides a broad overview of the merger review process and highlights recent Canadian case law on mergers. Implications of the Canada-U.S. Free Trade Agreement on the administration of competition law in Canada are also canvassed.


Water ◽  
2021 ◽  
Vol 13 (24) ◽  
pp. 3573
Author(s):  
Hana D. Dawoud ◽  
Haleema Saleem ◽  
Nasser Abdullah Alnuaimi ◽  
Syed Javaid Zaidi

Qatar is one of the major natural gas (NG) producing countries, which has the world’s third-largest NG reserves besides the largest supplier of liquefied natural gas (LNG). Since the produced water (PW) generated in the oil and gas industry is considered as the largest waste stream, cost-effective PW management becomes fundamentally essential. The oil/gas industries in Qatar produce large amounts of PW daily, hence the key challenges facing these industries reducing the volume of PW injected in disposal wells by a level of 50% for ensuring the long-term sustainability of the reservoir. Moreover, it is important to study the characteristics of PW to determine the appropriate method to treat it and then use it for various applications such as irrigation, or dispose of it without harming the environment. This review paper targets to highlight the generation of PW in Qatar, as well as discuss the characteristics of chemical, physical, and biological treatment techniques in detail. These processes and methods discussed are not only applied by Qatari companies, but also by other companies associated or in collaboration with those in Qatar. Finally, case studies from different companies in Qatar and the challenges of treating the PW are discussed. From the different studies analyzed, various techniques as well as sequencing of different techniques were noted to be employed for the effective treatment of PW.


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