Downstream

Front of Three Gas Pump Nozzles at Gas Station Ready to work

Oil refineries, petrochemical plants, and the marketing and distribution of fuel and other petrochemical products — downstream is a broad and complex segment of the energy industry. In all of these operations, companies must manage complex data from multiple sources, using too-few staff and systems that are often not integrated.

Connect with us

Featured

Trending
Insights & Resources

Article

Texas Comptroller Draws a New Line in the Sand Effective October 1, 2025

Texas expands sales tax exemptions for extraction equipment. Learn more about the upcoming policy shift.

Article

Colorado Severance Tax: Filing Requirements for Royalty Owners and Oil and Gas Operators

Ensure compliance with Colorado severance tax rules for oil and gas operators and royalty owners. We outline the filing steps and key deadlines.

Article

A Practical Guide to Texas Severance Tax Exemptions for Oil & Gas Operators

Explore how Texas severance tax exemptions support oil and gas producers by reducing costs and improving project returns.

Article

The Benefits of Direct Pay Permits in Texas’ Oil and Gas Industry

Texas’ direct pay permits can streamline tax compliance, improve cash flow and reduce costs for oil and gas companies.

Article

Tax Implications for Selling Oil and Gas Properties

In the oil and gas industry, an asset might be sold outright or as a disregarded entity, which is treated the same for federal income tax purposes.

Article

New Guidance for 45Z Clean Fuel Production Credit from the U.S. Treasury and IRS

The U.S. Department of the Treasury and Internal Revenue Service have issued long-awaited guidance for the 45Z Clean Fuel Production Credit.

Explore all insights

Our size and long-term commitment to downstream energy allow us to provide a wide range of services. Our clients range from Fortune 500 companies to innovative start-ups. Whether evaluating the capitalization on the latest major maintenance of a fractionator or reviewing a company’s production process against industry best practices to control methane emissions, Weaver offers services to meet your specific needs.

Let's get started.

What Makes Weaver Different?

Dedicated audit/tax planning for efficient engagements, minimizing requests to your staff and providing a high level of partner interaction
Consistent industry teams that understand your business, industry and market conditions
Involvement in oil and gas organizations – we have a vast network and focus on referrals
Global, full service offerings for the energy space
Consultative approach, not just compliance-driven
Boots on the ground, with a large presence in the communities we serve
Private equity focus: investor confidence, deadline-driven, efficiency
Commitment to staff development with specialized training on the energy side

How Can Weaver Help You?

State & Local Tax Services

Tax overpayment recovery and audit defense
Sales and use tax consulting and compliance
Property tax consulting and compliance
Income and franchise tax consulting and compliance
Compliance automation, outsourcing and co-sourcing
Corporate relocation services
Motor fuels and excise tax

International Tax Services

Federal Tax Services and Strategic Planning

Private client services
Business tax services
Tax M&A and due diligence
R&D tax credits
Federal and state tax credit reviews (oil & gas)
Strategic tax planning
- Carried interest analysis
- Property by property recapture analysis
- M&A purchase price allocation guidance
- Institutional and foreign investor structuring
- Rate arbitrate transactional analysis (ordinary vs. capital gains)
- Focus on management team tax implications and planning
- Life-cycle focused tax strategy (acquisition, operational, disposition)