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From a shifting regulatory landscape to limited international market access, the oil and gas industry faces combustible risk. In Canada, many petroleum companies are taking a hard look at their fundamental business models, reassessing cost structures to better match current commodity prices and plan for a hard-to-predict future.
BDO is committed to helping all segments of the oil and gas sector prepare for tomorrow’s volatility by overcoming today’s obstacles. Our multi-disciplinary team can help you simplify your payroll, reduce tax liabilities, and meet compliance requirements—so you can focus on growth and profitability.
Featured insights and offerings for the oil and gas industry
Resources to support your business
Oil and gas financial management tips
Volatility in the oil and gas sector is nothing new, so having streamlined operations and sound financial management strategies is key to weathering storms.
Learn moreTurning sceptics into changemakers: Attracting Gen Z to the natural resources sector in Canada
The natural resources industry is facing recruitment and talent pipeline challenges, with more and more employees leaving their jobs for opportunities that better meet their needs, expectations, and values. Changes need to be made if the industry is to attract workers, particularly those from the younger generations.
Learn moreBusiness stages for the oil and gas industry
Comply with the ever-increasing complexity of accounting, tax, and regulatory reporting requirements on an ongoing basis.
Comply with regulationsAdapt and respond more quickly and effectively to the changing economic, legal, consumer, and market landscape.
Adapt, prepare & respondGuidance and advice that service the oil and gas industry
Each business valuation is based on a unique set of factors—financing, business models, acquisitions, re-organizations, succession plans—and requires a thorough understanding of the industries involved. BDO's Chartered Business Valuators (CBVs) bring extensive experience working with owner-managed businesses to large public companies, always taking the time to understand your business and offering tailored services for individual client needs—from financial and tax reporting to transaction and litigation support to complex financial instruments.