Oil and Gas Insights

A series addressing trends and accounting developments in the industry

Responding to change: new regulations plus the sustainability agenda

Oil and gas companies are facing two broad-sweeping trends that will greatly affect both their day-to-day operations and long-term strategy: an unknown, and likely more restrictive, regulatory environment, and increasing pressure to focus on sustainability issues. How companies adapt and respond to these two trends will greatly influence their future success.

Join a panel of Ernst & Young professionals as they discuss:

• Regulatory changes: How companies can manage the impact of Dodd-Frank on the energy industry, as well as adopt a risk based approach to deal with expected new operational and environmental regulations.
• Sustainability: broadly speaking, sustainability issues can be broken down into three categories, environmental, social and ethical. But is it possible that there is an added dimension which many companies are failing to focus on: can sustainability initiatives improve profitability.