The Amplifier - v. 5, no. 2

In this issue...Mineral Club, YMCA, Montana Board of Education, Alaska, Mr. S. L. Groff, Coach Ed Simonich, Whittier Elementary, Continental Oil Company

The Amplifier - v. 5, no. 3

In this issue...Student Union Building, International Club, Y.M.C.A., Student Wives Club, Orediggers, Continental Oil Company, "Who's Who", United States Army

The Amplifier - v. 5, no. 9

In this issue...Engineering Days, Mine Rescue and First Aid, Chemistry Department, Mineral Club, Anderson-Carlisle Society, Honor Roll, Continental Oil Company, Intramural basketball

The Amplifier - v. 6, no. 3

In this issue...International Club, Circle K Club, The Anaconda Company, Sigma Rho, Y.M.C.A., Michael Hickey, Marcus Daly, Continental Oil Company, Student Union Building

The Amplifier - v. 6, no. 9

In this issue...M Days, beard contest, Anderson - Carlisle Society, Honor Roll, South Africa, Magma, International Club, First Aid, Bob Hauck, Continental Oil Company, Montana Power

The Amplifier - v. 7, no. 15

In this issue...Camera Club, Magma, Hauser Lake, Newman Club, Montana Central Railway, Cal Strobel, blood donations, Peace Corps, Paul Harvey, Pan American Oil Company

The Amplifier - v. 8, no. 7

In this issue...Magma Yearbook, Marvin Senne, Continental Oil Company, NASA, Circle K Club, Mine Rescue training, Walter Mitty, International Club, Stu Stadler

The Amplifier - v.8,(a-7) no. 7

In this issue...Fallout Shelters, First Aid, Deluxe Bar, United Nations, Continental Oil Company, Carroll College, Chess Club, Anaconda Aluminum Company, George Washington

The Amplifier - v. 8,(a-10) no. 10

In this issue...Library, Constitution, fraternities, Continental Oil Company, Circle K Club, Mineral Club, Ed Simonich, Geologists, Montana Power Company, hayride party

The Amplifier - v. 9, no. 11

In this issue...Junior Prom, Blackbird Mining Camp, badminton, Jean Jacques Rousseau, Finlen Hotel, Continental Oil Company, Lee Saperstein, Oceanography

The Amplifier - v. 10, no. 4

In this issue...Berkeley Pit, parking permit, Christmas Formal, NASA, Metals Bank, Mrs. Peck, Alumni Coliseum, Park Street, Big M, barrel racing, Sparky McGarry

Estudio de viabilidad de un campo exploratorio en África central según diferentes regímenes fiscales

El objetivo del presente proyecto consiste en analizar la viabilidad de un campo de E&P (Exploración y Producción) de hidrocarburos situado en Gabón en función de diferentes regímenes fiscales con el fin de estudiar el reparto de la renta entre el gobierno y la compañía petrolífera. Tras estudiar los parámetros técnicos del proyecto y confirmar su viabilidad desde un punto de vista puramente técnico, en la segunda parte del estudio se analiza para un mismo campo el impacto que tiene la variación de una serie de parámetros que dependen únicamente del tipo de contrato acordado entre el gobierno y la compañía petrolífera. Existen principalmente dos tipos de contratos que los gobiernos de los países productores aplican a las compañías extranjeras que pretenden operar en ellos. Mediante el estudio realizado se pone de manifiesto que las decisiones estratégicas en proyectos de E&P de hidrocarburos están íntimamente sujetas a condiciones fiscales. La decisión de firmar un tipo de contrato u otro puede ser determinante para la rentabilidad o no de este tipo de proyectos. ABSTRACT The main goal of this project is to analyze the feasibility of a E&P project located in Gabon according to different tax regimes in order to study the profits distribution between the government and the oil company. After studying the technical parameters and confirm its viability from a technical point of view, in the second part of the study were analyzed for the same field the impact of the variation of some parameters that only depends on the type of contract agreed between the government and the oil company. There are mainly two types of contracts that governments of producing countries apply to foreign companies seeking to operate in them. Through the study it appears that strategic decisions in E&P projects are closely hydrocarbon tax policies apply.

Natural resources on the Russian continental shelf: Foreign investors sought... on Russian terms. OSW Commentary No. 76, 2012-05-09

In recent weeks, Rosneft, a Russian state-owned oil company, has signed co-operation agreements with three Western corporations: America’s ExxonMobil, Italy’s Eni, and Norway’s Statoil. In exchange for access to Russian oil fields on the continental shelf as minority shareholders, these Western investors will finance and carry out exploration there. They will also offer to Rosnieft technology transfer, staff exchange and the purchase of shares in their assets outside Russia (for example in the North Sea or in South America). Rosneft’s deals with Western energy companies prove that the Russian government is resuming the policy of a controlled opening-up of the Russian energy sectors to foreign investors which it initiated in 2006. So far, investors have been given access to the Russian electric energy sector and some onshore gas fields. The agreements which have been signed so far also allow them to work on the Russian continental shelf. This process is being closely supervised by the Russian government, which has enabled the Kremlin to maintain full control of this sector. The primary goal of this policy is to attract modern technologies and capital to Russia and to gain access to foreign assets since this will help Russian corporations to reinforce their positions in international markets. The signing of the above agreements does not guarantee that production will commence. These are a high-risk projects. It remains uncertain whether crude can be extracted from those fields and whether its development will be cost-effective. According to estimates, the Russian Arctic shelf holds approximately 113 billion tonnes of hydrocarbons. The development of these fields, including building any necessary infrastructure, may consume over US$500 billion within 30 years. Furthermore, the legal regulations currently in force in Russia do not guarantee that foreign investors will have a share in the output from these fields. Without foreign support, Russian companies are unlikely to cope with such technologically complicated and extremely expensive investments. In the most optimistic scenario, the oil production in the Russian Arctic may commence in fifteen to twenty years at the earliest.

Promises and hurdles in EU-Kazakhstan energy cooperation. EUCAM Commentary No. 20, November 2011

Kazakhstan’s Prime Minister, Karim Massimov, once referred to energy cooperation as the ‘core’ of relations between his country and the European Union (EU). Indeed, there is great mutual interest in this area. Six percent of the EU’s crude oil imports and 16 percent of its uranium imports come from Kazakhstan. And around 80 percent of the latter’s oil exports go towards Europe. For Kazakhstani producers, access to European lucrative and reliable markets is of utmost importance. Over the last several years, the thrust of Kazakhstan’s foreign policy was aimed at increasing the capacity of the Caspian Pipeline Consortium (CPC) that pumps Kazakhstani oil to Europe. Moreover, Kazmunaigaz’s (KMG) – the national oil and gas company – major external investment was in the Romanian oil company Rompetrol.

They took what they wanted.

Mode of access: Internet.