Natural Resources, Energy & Utilities
Fueling growth and resilience with a forward-thinking approach
Powering the world requires stability that keeps energy flowing.
But demand-side and supply-side exposure, geopolitical risks, evolving regulations and shifting investor demands subject energy markets to significant volatility.
At the same time, climate change and sustainability priorities are in the spotlight. As those expectations evolve, natural resources, energy and utility organizations seek opportunities to operate more efficiently, sustain revenue growth and meet evolving stakeholder expectations with environmental, social and governance (ESG) initiatives in mind.
At BDO, we help organizations navigating this dynamic environment uncover possibilities for the future and put them into action. Our team tailors its approach to each client and uses its deep experience to enable organizations to:
- Reimagine business models
- Identify new opportunities
- Diversify energy portfolios
- Reduce climate impact
- Redefine energy markets
BDO’s broad portfolio of accounting, assurance, tax and advisory services enables organizations to operate more efficiently and accelerate growth. With a presence in energy centers worldwide, we deliver diverse strategic approaches suited to different operating contexts and environments. We know the world is changing and energy markets are dynamic. That’s why our team is dedicated to working with energy organizations of all sizes and sectors to help them build both short- and long-term value.
How BDO Can Help
Who We Serve
Oil and Gas
Power Generation
Energy Transition
Mining
Renewable and Alternative Energy
Natural Resources Insights
Explore our most recent resources and thought leadership.
2023 BDO Energy CFO Outlook Survey
January 30, 20232023 BDO Energy CFO Outlook Survey
January 30, 20232023 BDO Energy CFO Outlook Survey
Canada Ramps Up Efforts to Eliminate Forced and Child Labor in Supply Chains
May 25, 2023Canada Ramps Up Efforts to Eliminate Forced and Child Labor in Supply Chains
May 25, 2023On May 3, 2023, the Canadian Parliament passed a bill (Bill S-211) focused on environmental, social and government (ESG) policy, entitled “An Act to Enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to Amend the Customs Tariff” (Act).
U.S. Senate Committee Expands Alleged Forced Labor Probe Involving Major Automakers to Suppliers
April 12, 2023U.S. Senate Committee Expands Alleged Forced Labor Probe Involving Major Automakers to Suppliers
April 12, 2023The U.S. Senate Committee is expanding its probe into alleged forced labor involving major automakers to their suppliers.
Treasury, IRS Provide Guidance on Advanced Energy Project Credits
March 15, 2023Treasury, IRS Provide Guidance on Advanced Energy Project Credits
March 15, 2023The U.S. Department of the Treasury and the Internal Revenue Service released guidance on February 13, 2023, providing taxpayers with information and timelines on the program under Section 48C(e)(1) for the allocation of $10 billion of Section 48C credits under the recently passed Inflation Reduction Act.
5 Steps Energy Companies Should Take to Succeed in Renewables
March 15, 20235 Steps Energy Companies Should Take to Succeed in Renewables
March 15, 2023With the energy transition already underway, businesses have a range of opportunities to help scale renewables and alternatives — and benefit a broad range of stakeholders.
How Energy Companies Can Maximize IRA Renewable Energy Credits
March 14, 2023How Energy Companies Can Maximize IRA Renewable Energy Credits
March 14, 2023The changes to credits and incentives create new opportunities for energy organizations to optimize the benefits they receive, but there are several considerations for companies taking advantage of these credits.
Fueling the Energy Transition: As Oil and Gas Companies Adapt, Investor Interest Increases
November 1, 2022Fueling the Energy Transition: As Oil and Gas Companies Adapt, Investor Interest Increases
November 1, 2022As the future of energy emerges on the horizon, getting there presents unique challenges in terms of infrastructure and reliability. The energy industry is adapting amid increasing demand for renewables, and oil and gas companies remain vital for driving economic growth, ensuring energy security and supporting the broader energy transition.
The BDO 600 2022 Compensation Studies
August 19, 2022The BDO 600 2022 Compensation Studies
August 19, 2022Executive and Board Pay Rise Amid Rapidly Evolving Business Landscape
Year-end Planning for the Solar Energy Investment Tax Credit
May 31, 2022Year-end Planning for the Solar Energy Investment Tax Credit
May 31, 2022Solar energy is a popular choice for businesses looking to reduce their carbon footprint through alternative energy sources. In addition to supporting a company’s environmental, social and governance (ESG) strategy, converting to solar energy can potentially lock-in lower energy rates.
2022 BDO Energy CFO Outlook Survey
February 16, 20222022 BDO Energy CFO Outlook Survey
February 16, 2022The 2022 BDO Energy CFO Outlook Survey polled 100 energy CFOs to learn how they plan to emerge from a year of disruption and reimagine processes for a future of growth.
3 Questions to Consider When Securing Capital in the Oil and Gas Sector
February 15, 20223 Questions to Consider When Securing Capital in the Oil and Gas Sector
February 15, 2022To help companies uncover the path to financial sustainability in 2022, we’ve answered three of the most frequent and important questions around access to capital we are hearing from executives in the oil and gas sector.
Valuation Allowances in the Mining Industry – Are Your Deferred Tax Assets Realizable?
October 29, 2021Valuation Allowances in the Mining Industry – Are Your Deferred Tax Assets Realizable?
October 29, 2021The mining industry is naturally cyclical, the result of lengthy investment in exploration and development, high production costs, limited reserves resulting in a constant need to locate new deposits, and the potential for revenue volatility due to market risk.
How the Green Book Impacts Renewables And Oil And Gas Markets
September 21, 2021How the Green Book Impacts Renewables And Oil And Gas Markets
September 21, 2021The Green Book is pending congressional approval, but energy companies should consider the potential changes to available tax credits and incentives.
BDO Digital Key to Industrial Services Startup Launching in 6 Months
August 20, 2021BDO Digital Key to Industrial Services Startup Launching in 6 Months
August 20, 2021On January 31, 2020, a private equity (PE) group acquired a carved-out business unit in the energy services industry and set goals of at least tripling the company’s size by year 5.
Department of Homeland Security’s Cybersecurity Requirements for Pipeline Owners and Operators - Are You Prepared to Respond?
August 12, 2021Department of Homeland Security’s Cybersecurity Requirements for Pipeline Owners and Operators - Are You Prepared to Respond?
August 12, 2021Knowing and understanding the most current DHS expectations can go a long way in facilitating compliance with the TSA second Security Directive for pipeline owners and operators.
Drilling Down on Lessons Learned for Avoiding Bankruptcy & Achieving Growth
June 21, 2021Drilling Down on Lessons Learned for Avoiding Bankruptcy & Achieving Growth
June 21, 2021Oil and gas companies are positioned to take on lessons learned over the last year to avoid bankruptcy on their road to recovery.
Contact Us
Talk to a natural resources professional. We will respond in 1-2 business days.
Thank you for contacting BDO. A representative will be in touch shortly.
Meet Our Natural Resources Industry Leader
Clark Sackschewsky
Tax Office Managing Principal and National Practice Leader
Together, we thrive.
Everything we do is rooted in our core purpose to help people thrive every day. It’s not only the right business thing to do; it’s the right human thing to do. This starts by putting our people at the center of our work and extends to how we treat and value our people, our clients and our communities. With a dedication to quality and a purpose-driven culture, BDO offers a powerful choice both for clients and those seeking rewarding professional careers.