Energy & Resources
View the Energy & Resources insight into the current economic climate »
Whilst many initially thought the Energy & Resources
sector would be largely immune from the impact of the credit crunch, it
now appears that this is not the case. The credit crunch has prompted
the postponement of some capital raisings in the resource sector,
particularly for some of the middle to smaller size companies. In light
of the tougher environment for raising capital, some companies are
considering joint venture opportunities with international players, or
the considering the sale of non-core assets.
The economic situation has put the
spotlight on cost management, as well as organisational efficiency and
effectiveness, including in the area of contract governance. At the
same time, the volatile Australian currency is prompting many
businesses in the Energy & Resources sector to re-evaluate their hedging
strategies, all the while considering how to maintain margins when
commodity prices are falling.
How PwC can help you
- Project viability assessments, risk management and governance programs.
- Debt funding and liquidity management strategy
- Connection with Chinese Inbound investors.
- Tax advice and restructuring.
- Operational effectiveness and cost simplification including contract governance.
- Equity raisings and IPOs.
- Due diligence and M&A services.
Questions for the Energy & Resources sector
- What hedging strategies should be implemented?
- Which projects are still viable?
- What are my funding options?
PwC understands the issues your business is facing
and the questions you need to ask in the current business environment.
Contact us today to find out how we can help your business prosper.
PricewaterhouseCoopers is the leading
provider of professional services to the Energy & Resources sector and has been
advising energy, utilities and mining companies for over 100 years.
Our global practice ensures we appreciate
the international trends impacting on the Energy & Resources sector, while our
Australian team has the local industry knowledge to truly understand
the environment in which Australian companies do business.
PwC's Energy & Resources Group services metals and mining and oil and gas
clients operating in highly competitive, rapidly changing markets and is ideally
placed to help Australian energy and utilities companies take advantage of global industry developments.
How PwC can help you
Our professionals match industry experience
with proven business solutions to Energy & Resources sector issues like
profitability, environmental matters, shareholder value and the
changing regulatory environment.
