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Government & Regulation
Russia Upstream (Oil and Gas) Fiscal and Regulatory Guide
Following the prolonged low oil prices and the suppressed oil demand due to covid-19 pandemic, Russia has moved forward with new fiscal changes as part of state’s efforts to protect revenues and balance federal budget deficits. Mineral Extraction Tax incentives related to extra-viscous and depleted fields have been removed as of January 1, 2021, whilst the phase out of Export Duty and the introduction of the Tax on Additional Income (NDM) have also been introduced during the last few years....
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Sector Analysis
Consumer and Market Insights: Spirits in Portugal
The Portuguese Spirits Market is being led by the Whiskey category and is also expected to register fastest growth during 2015-2020 in both value and volume terms. Private labels in Whiskey category registered fastest growth during 2012-2015. On-trade transactions account for the highest distribution share in the Spirits market. Pernod Ricard S.A., Diageo Plc and Bacardi Limited are the leading players in the country.