For companies in the energy and natural resources industry, regionally and globally centralised commodity trading companies offer tremendous competitive advantages. But sustaining these advantages is becoming increasingly difficult in the face of increasing regulation, changing market conditions and international tax reforms.
Since 2012, the global landscape for the oil, gas, mining industries and commodity traders has changed dramatically. Ever-increasing regulatory changes, the direction of international tax reforms and the long-term impact of current price volatility – particularly for crude oil – are at the heart of the changing landscape.
To this end, we sought the views of KPMG Energy & Natural Resources (ENR)
professionals around the world to answer these questions:
© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.