OIL Norway Eases Oil and Gas Tax Requirements The Maritime Executive, May 2, 2020 The Government is proposing temporary amendments to the petroleum tax system that, in practice, will mean that tax bills are postponed. Oil and gas companies will be allowed to deduct investments, including uplift, from the special tax base immediately. Uplift will be reduced from 5.2 percent … read more
Friday Fact Check: In a recent interview with the National Journal, US Senate candidate Dr. Al Gross made statements that suggest he a ) doesn’t understand the economics of the oil & gas industry in Alaska, b) doesn’t care about the economics of the oil & gas industry in Alaska or c) will say anything to anybody in order to … read more
OIL Oil prices set to cap off nightmare month with gains Reuters, April 30, 2020 Oil prices jumped for a second day on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and clawing background at the end of a month of tumbles wrought by coronavirus fears that caused futures to plumb two-decade lows. … read more
