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Posts by Eric Soosay

How crude markets could react on Monday after Iran attack

“Monday’s oil trade is likely to be among the most volatile seen in years,” Carlos Bellorin, executive vice president at Welligence Energy Analytics, told Upstream.…

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Iran retaliates with attacks aimed at UAE, Qatar, Kuwait and Saudi Arabia

“For Iran, the stakes are existential,” Carlos Bellorin, EVP at Welligence Energy Analytics, told Upstream. “The regime may be willing to go further than in…

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EGYPES Intelligence Report | North Africa M&A

Welligence Energy Analytics is proud to be an official EGYPES 2026 Intelligence Partner. We are publishing the second of a total of four reports that…

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The jewel at the heart of Aramco’s gas strategy

Despite raising the targeted gas growth from 60% up to 80%, no significant new gas projects have been announced by Aramco to meet this increased…

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Middle East 2026 Look Ahead | Oil capacity growth, LNG expansion, and the push for gas independence

The Middle East is set to enjoy substantial growth throughout the remainder of the decade and while oil remains the focus, countries have placed increasing…

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Who won coveted prize for multibillion-dollar Middle East offshore expansion project?

Carlos Bellorin, executive vice president of energy trends and analysis at Welligence Energy Analytics, earlier told Upstream that while the United Arab Emirates’ oil production…

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Welligence | Iraq Elections 2025: What Happened, What’s Next and Implications for the Oil Sector

The RDC claimed victory amidst a high voter turnout in Iraq’s sixth election. What implications does this have for the country’s ambitious oil sector?

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Welligence Egypt Rumblings on the Ground | Egypt offers incentives to IOCs while managing the gas supply demand gap

The Welligence team recently visited Cairo to meet with stakeholders in Egypt’s upstream sector to share insights, gather on-the-ground sentiments and discuss key projects.

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ADIPEC Insights Report | Global CCUS Trends

Welligence Energy Analytics is proud to be an official 2025 ADIPEC Media Partner. As part of this partnership, we are publishing the second of a…

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Welligence Global | Beyond Fiscal Terms: Turning Reforms into Results

This report is the second in our two-part series on the evolving fiscal and regulatory landscape and what actions help realise tangible projects.

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