PwC | News | Oil & Gas

An overview of global PwC news:

Saudi Arabia

Driving KSA’s economic diversification but with less reliance on oil revenues For Saudi Arabia to continue the growth of its non-oil economy, the next few years should focus less on scale and more on competitiveness, productivity and export capability, according to PwC’s lates
25 February 2026
Egypt

PwC advised ADNOC on its market entry deal in Egypt Abu Dhabi National Oil Company (ADNOC) has completed its acquisition of a 50% stake in TotalEnergies in Egypt, in a move that sees the Emirati oil giant enter the Egyptian market.
02 March 2023
Middle East

PwC: 'Use oil-based fiscal windfall to fuel energy transition' The rise in oil prices is providing a windfall for GCC states, according to PwC’s latest Middle East Economy Watch, with most governments set to bump up their fiscal surplus in the coming months.
08 July 2022
United States

Arkad SpA selects PwC for digital procurement transformation Arkad SpA, an Italy-based oil services firm, has tapped consulting firm PwC to implement software firm Ivalua’s digital procurement solution.
07 May 2021
Australia

Displacing coal with renewables more lucrative for economy Transitioning to a renewable-intensive power system over the next two decades is likely to create billions in benefits for the Australian GDP, significantly more than if investments continue to flow
03 March 2020
India

India's power sector is gravitating towards renewables Power generation in India is increasingly reliant on renewable energy sources, as a result of targeted government efforts and policy initiatives.
17 February 2020
Africa

Natural gas is the way forward for the African resources sector PwC has released its Africa Oil & Gas Review 2019, which portrays a sector that is strongly affected by the global trend towards sustainable energy and focusing its efforts on developing its known re
11 November 2019
Africa

Africa's oil & gas sector is recovering from the global dip in prices After a prolonged period of financial struggles, the African oil & gas sector appears to be on the road to recovery, particularly as oil prices make their way back to the pre-crisis levels, according
03 December 2018
Canada

Investing in technology can aid recovering oil & gas sector A new report from accounting and consulting firm PwC recommends that oil firms boost efficiency through the integration of technology, digital or otherwise.
13 August 2018
Africa

Innovation the way to go for oil companies in Africa, says PwC A new review of the oil industry across the African continent, conducted by global professional services firm PwC, has revealed that the sector continues to be in trouble, both in terms of reserves a
08 January 2018
Algeria

BCG and Big Four compete for large consultancy contract at Sonatrach Public oil company Sonatrach has launched a competitive tender process for consultancy services in the area of financial management and restructuring.
13 December 2017
United Kingdom

Low oil price adds 91,000 jobs to UK labour market Oil prices of around $50 per barrel could boost UK GDP by 1% and employment with 91,000 by 2020, research by PwC shows. In its research, the consulting firm also looked into two additional scenarios, with oil prices of around $73 and $108, scenario
16 March 2015
United Kingdom

PwC: Oil prices to drop dramatically due to shale oil According to US Energy Information Administration (EIA), the world's most influential analyst in the area of oil prices, the price of oil will rise the coming two decades to $133 per barrel in 2035. The large majority of others analysts, such as analis
14 May 2013

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