PwC on Brexit: O&G industry will show resilience

PwC, audit, assurance, tax and consulting services firm, commenting on the implications on the oil and gas business of the Britain’s decision to leave the EU, expects the industry to be less impacted by the referendum results.

Alison Baker, PwC’s UK and EMEA oil and gas leader, said: “The oil & gas industry is a global business and as a result should be less impacted by today’s EU referendum result. We’ve seen the industry, both here in the UK and further afield, demonstrate its resilience in dealing with volatility and uncertainty through the past and current oil price shocks – and we are convinced that they can do so again.”

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