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Oil & Gas industries - Ernst & Young - China

Forging alliances to meet future energy demand

The oil and gas industry is contending with a dynamic global marketplace and an increasingly insistent group of stakeholders. Demand growth is slowing and regulatory pressures continue to impact operations, while available reserves are more difficult and expensive to produce. As the pressure to meet future energy demand mounts, global alliances are becoming more and more critical.

Oil and gas companies need to know how to respond to emerging trends, anticipate risk effectively, improve performance and operate more efficiently.

Ernst & Young’s Global Oil & Gas Center has a clear understanding of how to do this within your industry. It serves as the hub for our network of highly-skilled resources — professionals with deep experience delivering assurance, tax, transaction and advisory services within oil and gas companies.

The Center brings people and ideas together to help companies like yours meet the issues of today — and tomorrow. However complex your challenges, we share information with you on emerging trends and regulations to help you move forward in your business.

You benefit from support in managing your business more effectively — and understanding what’s shaping your industry.

Global Oil and Gas Transactions Review 2011

What M&A trends emerged in the oil and gas industry in 2011? We analyze the upstream, downstream and oilfield services sectors. Read our predictions for 2012.

International GAAP: oil and gas financial statements

An illustrative set of consolidated financial statements for year ending 31 December 2011, prepared according to IFRS Are you following industry best practices? 

2011 Global E&P benchmark study

Discover the worldwide and regional exploration and production results for 75 companies from 2006 through 2010. How does your company compare?

Working capital management in oil and gas

Our report explains how improved working capital performance fails to make up for a long-term rise in C2C.

China’s investment in the global oil and gas market

What does the emergence of China as an “energy giant” mean for non-Chinese oil and gas companies, and what opportunities and challenges does it present? We examine the market and explain the possible implications for potential partners, competitors and customers. Read more.

Brazil oil and gas: realities in a new frontier

Thinking about investing in Brazil’s pre-salt deepwater oil reserves? These recently discovered reserves triggered a reassessment of the Brazilian regulatory model and a restructuring of the Government’s role in the oil industry. We explain the opportunities, challenges and risks.

Contacts

Raymond Ng 
Far East Area & China Oil & Gas Industry Leader
Tel: +86 10 5815 3000

Sanjeev Gupta 
Far East Area Oil & Gas Industry Leader
Tel: +65 6535 7777

Ernst & Young's Global oil & gas capabilities

Discover our oil and gas services

Our global leadership can help your oil and gas business strive for greatness. Learn more about the services and guidance we can provide.

Publication cover: Global Oil and Gas Tax Guide 20102011 global oil and gas tax guide
Our annual tax guide summarizes the oil and gas corporate tax regimes in 61 countries and also provides a directory of our tax contacts in each market. Download the 2011 tax guide today.

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