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Posts by Phatchaya Piriyathanasak

Ballots and Barrels: The Elections to Watch in 2026

Elections that took place in 2025 across oil-relevant states were notable for their frequency, geographic spread, and political intensity, setting an important reference point for…

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Global M&A | Global upstream deal-making in January 2026

Seven transactions were announced in January 2026, down from 10 in December 2025. CLIENT ACCESS REQUEST ACCESS

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Venezuela’s Amended Hydrocarbons Law – An Update

On 29 January 2026, the National Assembly of the Bolivarian Republic of Venezuela approved a comprehensive amendment to the 2006 Hydrocarbons Law, representing a historic…

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2026 US Planned CO₂ Wells: Permitting Status and Trends

As part of Welligence’s ongoing CCUS coverage, the Planned CO₂ Well Tracker is now available to download via the Welligence Dashboard. The tracker provides a…

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2025 Energy Transition in Review: A Narrower, Tougher Path to Decarbonization

In 2025, the reordering of the energy transition became more defined as many oil and gas companies scaled back ambitions beyond their core businesses, reinforced…

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Welligence CCUS | OBBBA and CO2-EOR economics: helpful, but oil price is king

OBBBA raises the 45Q tax credit for enhanced oil recovery (EOR) from US$60/t to US$85/t, aligning it with the credit for permanent storage. In this…

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US CO2 Storage – Class VI Momentum and OBBBA Effects

Class VI wells are designed specifically for the permanent geologic sequestration of CO₂ in deep subsurface formations. These wells are regulated under the U.S. Environmental…

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CCUS growing pains – progress and what to expect next

Carbon Capture, Utilization, and Storage (CCUS) projects continue to garner significant global interest, despite the overall pace of activity remaining slow. This note reviews the…

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Untangling UK CCUS Track-1 Incentives: A Summary of Cost Support Mechanisms

As part of its broader decarbonization strategy, the UK aims to establish a self-sustaining Carbon Capture, Utilization, and Storage (CCUS) market. Achieving this goal requires…

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CCUS | Power Generation from Bioenergy with Carbon Capture and Storage (BECCS): Can it be profitable?

Bioenergy with Carbon Capture and Storage (BECCS) is emerging as a key solution for CO₂ removal, offering the unique advantage of negative emissions while generating…

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