Natural Resources

Alternative energy companies know it better than anyone: sustainable businesses are, by their nature, environmentally sound. The more difficult task is ensuring that they are financially sound as well. Companies in the Alternative Energy sector are often eligible for a wide range of benefits from federal, state, and local governments, including a wide range of renewable energy tax credits and incentives. Seizing these opportunities can provide increased current cash flow, reduce tax liability, and help offset the cost of energy-efficient improvements.

Our Alternative Energy professionals help clients in many different areas of the industry to identify, negotiate, and secure federal, state, and local energy tax credit incentives and to assist with sustainability reporting. Our clients include businesses focused on products, services, and processes that reduce ecological impact and promote the responsible use of natural resources:

• Energy generation – wind, solar, hydro/marine, biofuels, and geothermal
• Energy storage systems – fuel cells, advanced batteries, and other hybrid alternatives
• Energy infrastructure – management and transmission
• Energy efficiency – lighting, buildings, and glass
• Transportation – vehicles, logistics, structures, fuels
• Water & wastewater – treatment and conservation
• Air & environment – cleanup/safety, emissions control, monitoring/compliance, trading and offsets
• Materials – nano, bio, and chemical
• Manufacturing – advanced packaging, monitoring and control, automotives, and smart production
• Agriculture – natural pesticides, land management, and aquaculture
• Recycling & waste – recycling and waste treatment

Global supply and demand patterns are shifting and, along with them, the refining industry. Demand for fuel is slowing in developing economies, and the industry continues to pressure the U.S. government to lift the decades-old prohibition on exports in the form of liquefied natural gas and others.

At the same time, emphasis on greenhouse gas reduction stands to further impact demand and create new tax and business structuring issues. In short, despite the current downturn in feed stock pricing, downstream oil and gas companies are facing more pressure than ever.

TMO’s professionals leverage the deep experience and multidisciplinary resources necessary to help guide clients through challenges and find opportunities amid change. From traditional tax and audit to a range of advisory services, we provide tailored, integrated services designed specifically to our clients’ needs.

As commodity prices fluctuate and environmental concerns continue to draw the attention of regulators, the Natural Resources industry is facing more pressures than ever before. Operating at the center of an international political debate over industry tax incentives, offshore drilling legislation, and alternative energy, the industry is faced with a unique set of challenges, complexities, and uncertainties.

TMO provides a comprehensive array of dispute advisory, commercial and strategic advisory, restructuring and turnaround, and valuation services for clients in the energy industry. Our professionals have advised clients in energy and non-energy related commodities trading and risk management practices and assisted companies and lenders in bankruptcy, restructuring, and turnaround matters. We also provide project evaluation, development, and strategic marketing services to help energy clients optimize their asset portfolios. For government agencies formulating energy policies related to natural gas markets, we have worked with organizations around the globe.

Our experienced and credentialed expert witnesses, consultants, and arbitrators have the accounting, auditing, economic, tax, and other skills that meet the qualifications court counsels seek. TMO professionals have presented their findings in federal and state courts, domestic and international arbitration tribunals, regulatory bodies, government authorities, and other triers of fact.

Our professionals deliver a comprehensive range of consulting and expert witness services in the following areas:

• Expert witness testimony
• Restructuring and Turnaround
• Post-Acquisition Disputes
• Lost Profits / Damages Analysis
• Business and Intangible Asset Valuations
• Forensic Technology Services
• Forensic Accounting
• Litigation Consulting

In addition to talent and resource constraints, the E&P sector has seen a significant shift toward unconventional resources, as well as consequent developments in liquefied natural gas processing and transportation.

With deep experience helping clients navigate the many complexities affecting the industry, TMO helps E&P clients across the country and around the world to thrive. In addition to traditional audit and tax compliance services, we advise E&P companies and their investors on complex issues including mergers and acquisitions, cost management strategies, and risk management in the U.S. and abroad.

Beyond compliance, our partner-led approach benefits clients in many ways. We provide:

• International tax planning, including structuring strategies
• State and local tax management
• Management and technology consulting
• Forensic accounting and investigations
• Business valuations of assets and companies
• Vendor audits
• Risk mitigation and prevention programs

Falling oil prices stand to impact every sector of the industry, and midstream companies are no exception. In an area already facing regulatory and political challenges, recent developments mean that managing risks, controlling costs, and maintaining sound financial practices will be more important than ever in the coming years.

In addition to traditional tax and audit services, TMO’s multidisciplinary, partner-led teams draw on deep experience to advise midstream companies on a variety of complex issues. And backed by the resources of one of the world’s largest global networks, we are able to deliver these services wherever they’re needed most.

As quality projects remain scarce in developed countries, mining companies are continuing exploration and development efforts in new regions – including those previously considered too risky or marginal. In the current climate, success depends on improving operational efficiency, securing new supply, and complying with ever-changing regulatory, reporting, and tax requirements, often in foreign jurisdictions.

TMO’s partner led teams draw on in-depth industry knowledge and global resources in the key mining countries to provide proactive guidance to clients all over the world. We serve clients across the full spectrum of the industry, including:

• Coal mining
• Metal ore mining
• Nonmetallic mineral mining and quarrying

From a shifting regulatory landscape, to falling prices, to environmental concerns, services companies are facing enormous pressures. As prices fall, competition strengthens, and political landscapes shift, unique challenges are presented regularly.

TMO possesses deep experience working within the sector – from spending time on offshore platforms, to pad sites in the Permian Basin, to corporate boardrooms. Our professionals understand how to navigate the many pressures clients face, helping them to thrive throughout the world.

Our multidisciplinary teams deliver tailored, integrated services, drawing on experience in traditional tax and audit, as well as other areas that can result in reduced costs or improved efficiencies:

• International tax planning, including structuring strategies
• State and local tax management
• Management and technology consulting
• Forensic accounting and investigations
• Business valuations of assets and companies
• Vendor audits
• Risk mitigation and prevention programs

Volatile energy prices, aggressive investor involvement, intense regulatory scrutiny, and changing consumer behaviors are creating significant challenges for the power industry. As this environment continues to evolve, power companies will see a significant impact on assets, business models, and customer engagement.

TMO possesses deep experience serving independent power producers owned by international and domestic private companies and private equity firms. With a complete understanding of the industry’s complex regulatory environment and accounting issues, our teams deliver integrated services tailored specifically to our clients’ needs. In addition to a comprehensive array of tax and audit services, our multidisciplinary professionals provide insights into the unique needs of investors and operators.