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National energy bill passes, independents win on AMT. (Comprehensive Energy Policy Act; Alternative Minimum Tax)
October 1, 1992... At 11:25 a.m. on October 8, after more than two years of debate, the U.S. Senate overwhelmingly passed the Comprehensive Energy Policy Act and sent it to President Bush, who is expected to sign it. The legislation includes reform of the...
The return of Canadian opportunities. (Canadian oil and gas industry) (Industry Overview)
October 1, 1992... The Canadian oil and gas industry took on a new dimension in 1947 when a large oil strike in Leduc, Alberta, confirmed an impressive bank of reserves. Foreign investment in the Canadian oil and gas industry helped ignite dynamic growth,...
South America has risks and rewards. (South America's petroleum industry)
October 1, 1992... Michael Hilger, senior manager, Deloitte & Touche, Denver Chris Daubert, senior tax consultant, Deloitte & Touche, Dallas
Hyper-inflation, government instability, lack of economic infrastructure, and guerilla activity add to the list of woes...
Producing on the U.K. continental shelf. (oil and natural gas production)
October 1, 1992... John H. Swords, tax partner, national director of energy taxes, Coopers & Lybrand, Dallas Jeffrey S. Hillier, senior tax manager, Coopers & Lybrand, Dallas
The history of oil and natural gas production in the United Kingdom is relatively...
Expect the unexpected in C.I.S. oilfeilds. (Commonwealth of Independent States)
October 1, 1992... The former Soviet Union, the world's largest producer of crude oil and the holder of 40 percent of the world's natural gas reserves presents opportunities for U.S. petroleum companies. For the internationally minded independent, however, the...
Eastern Europe makes small gains. (Eastern Europe's petroleum industry)
October 1, 1992... Eastern European countries have taken dramatic steps to modernize both their economic and political systems. It has not been a smooth process; the last few years have been turbulent with historic events, including the break-up of the Soviet Union...
Change is nothing new to Africa. (Africa's oil and gas industry)
October 1, 1992... Interest in the oil and gas industry in Africa has primarily centered on Angola, Nigeria, Gabon and Algeria. Independent producers desiring to conduct business in these areas face unique challenges and business considerations.
Angola As with...