Aleksandrs is a Senior Petroleum Economist at Wood Mackenzie and covers oil and gas taxation developments in Europe. Aleksandrs is regularly publishing insights with detailed economic analysis of proposed and implemented tax changes. He is also looking after fiscal models used in Upstream Research for asset valuations. Aleksandrs is often travelling within his region of responsibility to maintain and develop a wide network of research contacts, and to support clients of Wood Mackenzie.
Aleksandrs joined Wood Mackenzie in 2010 as an Analyst for Russia Upstream Research. He spent four years in the team, having acquired a deep understanding of the Russian upstream industry, including oil and gas production, costs, taxation and regulation, corporate landscape, Russia’s energy policy and politics. He also covered taxation developments in Central Asia and the Caspian region.
Aleksandrs graduated from the Stockholm School of Economics in Riga with a BSc degree in Economics and Business in 2008. In 2010 he was awarded a MSc degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg. He is currently pursuing the CFA designation.
Andrew Willis is Head of Upstream Oil and Gas Taxation at HM Treasury. He joined the government in 2008 and has worked in a variety of roles across HM Treasury and HM Revenue and Customs, including in macroeconomics, growth policy and energy taxation.
Ministry of Mines & Hydrocarbons, Equatorial Guinea
Cesar Augusto Hinestrosa Gómez was born on 6 September 1974. He studied Psychology, and Administration and Business Management at UNED (Spanish National Distance Education University). In 1999 he worked for Total GE as Sales Manager for the Islands Region, from 2000 to 2002 he worked for GE-Elec as Administration and Finance Director. From 2005 to 2007 he worked for Besix on the suspension bridge construction project for liquid gas freighters as Chief Accountant, from 2007 to 2009 at EG LNG as Government Relations Manager and from 2009 to 2012 as Strategic Planning and Public and Community Relations Manager for the same company. In June 2012 he was appointed Director of Domestic Content at the Equatorial Guinea Ministry of Mines, Industry and Energy. He is also Head of the Political Sciences Department and Member of the National Council for the Democratic Party of Equatorial Guinea. In December 2013 he was nominated as Director General of EITI (Extractive Industries Transparency Initiative) at the same Ministry, and from June 2015 Cesar Augusto Hinestrosa Gómez is also in charge of the Directorate General of Industry.
David has over 30 years’ experience in the oil and gas industry and leads Wood Mackenzie's upstream fiscal offering service. He was Project Director on two of Wood Mackenzie's fiscal multi-client studies.
He has provided fiscal advice to a wide variety of clients, including governments, industry associations IOCs and NOCs. These include working with Governments in Ireland, Indonesia, Newfoundland and Labrador and Colombia.
He has worked with the main industry associations in the United States, Canada, Norway and the United Kingdom providing fiscal support for discussion with governments. Other projects have included working with companies in responding when governments have proposed changes to fiscal regimes. This included recent changes made in the UK fiscal regime when analysis of other options was evaluated.
David is a chartered accountant and a member of the Institute of Taxation. He graduated with a BSc (Hons) in Biochemistry from the University of Edinburgh.
Graham has 30 years experience as a petroleum economist, specialising in the analysis of global fiscal systems. He currently directs Wood Mackenzie’s global fiscal research services.
Graham has advised several governments on petroleum fiscal policy, most recently Colombia, Ireland, Newfoundland & Labrador and South Africa. He has also advised numerous IOCs on fiscal matters, including assistance to oil industry associations during debates with governments on appropriate fiscal terms (e.g. Nigeria and UK).
Graham has designed and authored several successful multi-client reports, analysing and comparing global fiscal systems with prospectivity, published by Wood Mackenzie. He also has wide experience delivering training courses in petroleum economics and fiscal analysis around the world.
Graham graduated in Economics from Aberdeen University and earned a masters degree (M Litt) for his thesis on ‘Oil Field Abandonment in the UKCS’. He previously worked for Petroconsultants/IHS Energy, two independent oil exploration companies and as a research Fellow in Aberdeen University’s Economics department.
He is a member of the Association of International Petroleum Negotiators (AIPN) and is a regular speaker at industry conferences.
Jerry BurnettActing Commissioner of RevenueAlaska Department of Revenue, USA
Acting Commissioner of Revenue
Alaska Department of Revenue, USA
Acting Commissioner Jerry Burnett has been involved in every change to Alaska’s oil and gas tax regime since 1990, on August 18, 2017 he was appointed Acting Revenue Commissioner after having served as Deputy Commissioner since December of 2014. Mr. Burnett previously served as the Administrative Services Director, Legislative Liaison and Deputy Commissioner for the Department of Revenue between 2004 and 2014. Prior to working for the executive branch, Mr. Burnett worked as staff for House and Senate Finance Committee members in the Alaska Legislature for a number of years. Between 1990 and 2002, Mr. Burnett also taught business, accounting, real estate and computer applications at the University of Alaska Southeast. Mr. Burnett holds Bachelor’s degrees in Occupational Safety and Health and Psychology, a Master of Business Administration, a Master of Public Administration, and has pursued doctoral studies in Organization and Management.
Jim KeatingExecutive Vice President, Corporate Services and Offshore DevelopmentNalcor Energy, Newfoundland & Labrador, Canada
Executive Vice President, Corporate Services and Offshore Development
Mr Lars Erik Aamot has more than 20 years of experience from the oil and gas industry, mainly from different roles in the Norwegian Ministry of Petroluem and Energy. Since 2009 he has been the Director General for Oil and Gas in the Ministry.
Mr Aamot obtained his Cand Oecon degree from University of Oslo, Norway in 1996. He joined the Ministry of Petroleum and Energy working with issues related to Norwegian petroleum and environmental policies. In 2000 he joined Statkraft as Senior Economist. In 2001 Norsk Hydro AS as a Senior Investment Analyst working with business development and follow-up of its activities in US, Libya and Russia. He returned to the Ministry as Deputy Director with responibility of Economic Analysis in 2002. Between 2004 and 2007 he was the Counselor for Energy at the Norwegian embassy in Washington DC.
Rhodri joined Wood Mackenzie in 1999 after completing an oil industry sponsored PhD in exploration geophysics. Starting out as an upstream analyst, he moved on to head up the European Upstream Research Team in 2003. Since then he has taken on a range of leadership roles at Wood Mackenzie including 6 years in Houston where he led the growth of the Americas research business. He returned to Europe in April this year as the SVP of research for the Europe, Middle East, Africa, Russia and Caspian research group.
Alongside his research work, Rhodri has contributed to many consultancy projects focused on upstream and midstream issues. He also had a leading role in the launch and build out of Wood Mackenzie's unconventional research.
Roman KabakovHead of Division of Tax & Customs Tariff Policy in the Oil & Gas IndustryMinistry of Energy, Russian Federation
Head of Division of Tax & Customs Tariff Policy in the Oil & Gas Industry
Ministry of Energy, Russian Federation
Since October 2014, Roman is employed as a Head of Tax and Customs Tariff Policy in the Oil & Gas Industry Division by Ministry of Energy of the Russian Federation and responsible for:
development of legislative initiatives and law drafting on new fiscal regimes, tax exemptions for companies, tax maneuvers in the Oil&Gas industry; launching of fiscal and customs tariff policy stimulation measures for the upstream and downstream.
During 2015-2017 he successfully developed legislative initiatives on new fiscal regimes for the upstream based on taxation of the financial result and additional income tax introduction.
Took part in drafting regulatory system for launching and further development of the SPIMEX commodity exchange in crude oil and petroleum products.
From May 2013 to October 2014 he served as an Analyst and Associate at affiliate of Ministry of Energy of the Russian Federation.
From October 2011 untill April 2013, he worked as an Assistant at International Financial Laboratory in the National Research University Higher School of Economics.
Prior to this he was a Business Analyst at Private Equity Fund.
Roman graduated from the National Research University Higher School of Economics, International College of Economics and Finance (holds BSc in Economics) and London School of Economics and Political Science, International Programmes (BSc in Economics too).
Since November 2014, Salvador Ugalde has served as Head of the Hydrocarbon Income Unit in Mexico's Ministry of Finance and Public Credit. From this position, Mr. Ugalde has been in charge of designing the fiscal terms applicable to the contracts for E&P of hydrocarbons as well as the economic terms for their bidding processes that derived from Mexico´s 2013 Energy Reform. Likewise, the Hydrocarbon Income Unit is responsible of issuing the applicable cost registration rules and procurement guidelines for the E&P Contracts. Also, Mr. Ugalde is responsible of designing and executing the auditing and monitoring duties of E&P contract´s to ensure the correct compliance of the contractual economic terms from the contractors.
In addition, Mr. Ugalde has been in charge of leading the efforts within the Ministry for the candidacy of Mexico to adhere to the Extractive Industries Transparency Initiative, an international standard to promote transparency in the oil and gas resource management.
Previously, in Mexico’s public sector Mr. Ugalde served as General Director at the Non-Tax Income Policy Unit within the Ministry of Finance. He has also served in the Ministry of Energy as Director of New Projects.