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Industries / 04 — Energy & Petroleum

Petroleum distribution and renewable generation answer to very different rules, from the same finance team.

Assurance, taxation and advisory for petroleum distribution, solar generation and biomass energy operators.

Energy sector work spans very different regulatory regimes under one heading — petroleum distribution, solar generation and biomass energy each carry their own licensing, pricing and tax treatment. We work across that range rather than specialising in only one part of it.

IWhere we come in

The situations that bring energy sector clients here

We distribute petroleum and need an audit that reflects how the pricing and margin structure actually works.

Statutory audit built around a distribution model, not a generic manufacturing or trading template.

We are commissioning a solar or biomass generation project.

Tax and advisory support that accounts for the specific incentives and treatment available to renewable generation.

Our tax position depends on incentives that keep changing.

Energy sector tax treatment is revised often — we track what currently applies rather than what applied last year.

We need advisory input on a new generation or distribution project before it's committed to.

Feasibility and structuring advice grounded in how the sector's economics and regulation actually work.

We operate across more than one part of the energy value chain.

One firm covering petroleum distribution and renewable generation, rather than needing separate advisers for each.

IIWhat we do

What we handle in energy & petroleum

All eleven service lines are available to any client. These are the ones genuinely relevant to a petroleum distribution or renewable generation business.

01

Audit & Assurance

Statutory audit built around distribution margins or generation revenue, not a generic template.

  • Statutory audit
  • Provident fund audit
  • Group reporting where relevant
02

Tax & Regulatory

Tax treatment specific to petroleum distribution and renewable generation, including available incentives.

  • Income and sales tax compliance
  • Sector-specific incentive positions
  • Notices, assessments and appeals
03

Advisory & Consulting

Feasibility and structuring advice for a generation or distribution project before it's committed to.

  • Feasibility studies
  • Investment appraisal
  • Financial modelling
04

Accounting & Outsourcing

Bookkeeping and management reporting suited to project-based generation revenue or distribution margins.

  • Bookkeeping and ledger management
  • Management reporting
  • Budgeting and forecasting
05

Corporate & Secretarial

Statutory filings and registers, and the corporate structuring a generation project often needs.

  • SECP statutory filings
  • Corporate structuring
  • Regulatory liaison support
06

ESG & Sustainability

Reporting and assurance where a generation project's financing or offtake terms carry their own sustainability disclosure conditions.

  • ESG readiness assessment
  • Carbon and emissions reporting
  • Sustainability assurance
07

Deals & Transaction Advisory

Diligence and valuation support where a generation project involves outside financing or an equity partner.

  • Financial due diligence
  • Business valuation
  • Transaction structuring
08

Financial Instruments & IFRS 9

Accounting for the financial instruments that come with project financing and long-term offtake arrangements.

  • Classification and measurement
  • Hedge accounting where fuel price risk is managed
  • Instrument valuation
09

Internal Audit & ICFR

Control testing for larger regulated operators, particularly where a lender or investor requires it.

  • Internal audit
  • Risk and control matrices
  • ICFR design and testing
10

Risk & Forensic

Independent review of safety, compliance and operational risk specific to fuel handling and distribution.

  • Internal control review
  • Enterprise risk assessment
  • Fraud risk assessment

Each of these has its own page setting out the full scope, approach and pricing — this is the set most relevant to energy and petroleum work specifically.

IIIRepresentative work

What the work looks like

Named-client work sits behind our clients' own consent, and is not published here — this is the shape of the sector experience, not a client list.

Our representative work in this sector includes petroleum companies and solar and biomass generation businesses — spanning statutory audit, taxation and advisory across both distribution and generation. The fuller list of sectors and anonymised engagement snapshots is on our Clients & Experience page.

Clients & Experience →

IVCommon questions

Questions we are asked

Do you work with both petroleum and renewable energy businesses?

Yes. Our energy sector work spans petroleum distribution and renewable generation — solar and biomass — rather than specialising in only one.

What tax incentives apply to a solar or biomass generation project?

It depends on the specific project and current legislation, which changes periodically. We advise on what applies to your project now, not what applied when a similar project was set up previously.

Can you help assess whether a generation project is financially viable before we commit?

Yes. Feasibility studies and financial modelling are part of the advisory work we do for energy sector clients, ahead of a project being committed to.

Do you understand petroleum distribution margin structures?

Yes, this is a regular part of our audit and advisory work in the sector — statutory audit built around how distribution pricing and margins actually work, not a generic trading template.

How is energy sector work priced?

Statutory audit and ongoing compliance are typically scoped as annual engagements. Feasibility and advisory work for a specific project is quoted separately once the scope is understood.

Let's work together

Does this sector look familiar?

If we have worked on something like it, the first conversation starts further along. A partner will tell you what's realistic before anything is scoped.