If you are UK registered, unquoted, and meet the definition of a large company under the Companies Act 2006, then the directors are now required to report on the Streamlined Energy and Carbon Reporting Framework (“SECR”).
As featured in Energy Voice, Anderson Anderson & Brown Corporate Finance ("AABcf") is delighted to share with you our quarterly Deals+ update for Q1 2021, highlighting selected Energy M&A and Fundraising transactions across the UK.
As we prepare for COP26 in Glasgow later this year, an awareness of how the UK can be a role model for positive change and soft global influence is becoming discussed more and more. For companies in the Energy sector especially, and all other sectors, their environmental impact is being increasingly analysed, measured and scrutinised. This will ultimately affect and touch almost every part of corporate development strategy, from recruitment to competitive tender processes, public relations and investment.
A year on from being hit by some of the biggest challenges the upstream E&P sector has faced and so far in 2021, we have seen a greater volume of disclosed North Sea deal value than in the whole of 2020. The oil price is riding above $63 at the time of writing and some, e.g. Goldman Sachs are predicting it could reach $80 by the third quarter.