Posts by Markus Mowatt-Larssen
Offshore Electrification Sinks in the New Tide of Upstream Decarbonization
Offshore electrification in the North Sea is becoming increasingly uneconomic, even with Norwegian carbon prices reaching 237 USD/ton by 2030, pushing Norway and the UK…
Read MoreUpcoming COP will be toughest climate gathering yet
According to Juan Agudelo, head of energy transition at Welligence Energy Analytics, the main challenge at COP30 will be “finding consensus on actions that genuinely…
Read MoreTexas is facing a ‘broken’ shale industry. AI’s power needs could be a lifeline.
Markus Mowatt-Larssen, an energy transition analyst at Welligence, noted that West Texas has an abundance of open land suitable for building both data centers and…
Read MoreQuarterly Upstream GHG Report – APAC (Q3 2025)
Welligence’s quarterly emissions report is a series in which we provide clients with analysis on the emissions performance of the upstream sector across major continental…
Read MoreFrom Bridge to Backbone – Turning LNG’s Methane Risk into Opportunity
The boom in new LNG plants, particularly in the US, has raised concerns among environmentalists about methane emissions, prompting claims that LNG is “worse than…
Read MoreQuarterly Upstream GHG Report – South America (Q2 2025)
Welligence’s second quarterly emissions report of 2025 continues a series in which we provide clients with analysis on the emissions performance of the upstream sector…
Read MoreThe Race to Power AI Hyperscaling – A New Business for E&Ps
Data center demand across the US is growing exponentially, with ERCOT recently upgrading its 2030 demand forecast from 148 GW to 208 GW to account…
Read MoreQuarterly Upstream Emissions Report – Europe Q1 2025
Welligence is excited to announce the release of our first Quarterly Upstream GHG Report, a series in which we provide clients with analysis on the…
Read MoreWelligence GHG | Benchmarking IOCs – How regional exposure drives emissions intensity
With the release of US Lower 48 completing Welligence’s global Scope 1 and 2 emissions coverage, our global clients now have access to the upstream…
Read MoreEnergy Transition | Review of Majors’ 2024 Results – Strategies in Transition
Though most majors have released 2024 results and plans for 2025, bp’s announcements grabbed the headlines. As laid out in our 2025 Look Ahead and…
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