Energy companies, particularly oil & gas firms, have had several years of strong performance on the back of higher oil prices. However, particularly for more integrated firms such as BP and Shell, strong upstream performance has masked the weaker performance of the firms' downstream operations. Utilities, while benefiting from deregulation, have seen margins decrease due to higher input costs.
At GlobaLexicon, we have several team members with strong and relevant industry experience. Call us to find out more about our recent work for Total, for example.