Tag: oil revenue

• Friday, October 26th 2012 - 20:25 UTC

  Falklands estimates oil earnings at 25% of gross value of the resource extracted

  

  The Falkland Islands Government (FIG) is likely to earn somewhere in the region of 25 to 30% of the gross value of the oil resource spread over an expected field life of 25 years, it was stated at a public meeting in the capital Stanley earlier this week.

• Monday, April 25th 2011 - 06:59 UTC

  Chavez, with eyes on his 2012 re-election bid, hikes oil windfall tax

  

  Venezuelan President Hugo Chavez hiked an oil windfall tax in a move that raises government income ahead of the 2012 presidential election, but puts a heavy load on oil companies.