News
Genel snaps up Oman acreage stake
Block 54 is located onshore Oman on the eastern side of South Oman Salt basin and immediately adjacent to Occidental’s producing Block 53 (Mukhaizna) asset,…
Read MoreLNG M&A opportunities to soar in 2025, says consultant Welligence
Global liquefied natural gas prices are forecast to remain elevated throughout 2025, with a significant increase in the number of LNG assets in play for…
Read MoreNigeria’s Oil Comeback to Test Its Commitment to OPEC+ Cuts
These measures “are starting to bear fruit,” though at a significant cost, said Ifeanyi Onyegiri, a senior analyst for Welligence. Nigeria “should be able to…
Read MoreExxonMobil makes potential play-opening gas find in frontier Mediterranean basin
“Although the supermajor did not elaborate on the size of the discovery, a recent LinkedIn post from analysts at Welligence said the prospect had a…
Read MoreColombia’s Bold Push to Go Green Has an Unintended Trade Off: Gas Imports
“Gas produced in Colombia generates roughly the same amount of emissions as gas from the US Permian Basin, according to an estimate from Welligence Energy…
Read More‘More pragmatic and less idealistic’: How the energy energy transition hit a speed bump in 2024
“I think 2024 was a year in which the world understood that, to transition, we need to be more pragmatic, and less idealistic,” Juan Agudelo,…
Read MoreKosmos Energy in early talks for Tullow Oil takeover
“Kosmos Energy is in talks to acquire Tullow Oil in a potential all-share transaction. This will create a leading Atlantic Margin E&P with scale. We’ve…
Read MoreBP’s revised ‘energy addition’ strategy
“BP, like any business, aims to generate profit and will only pursue developments – whether in oil and gas or other sectors – if those…
Read MoreSyrian crisis driving up oil prices and increasing uncertainty in Middle East
While some experts fear wider implications for the Middle East due to Al Assad’s fall, Martin Sherriff, head of Middle East at Welligence Energy Analytics,…
Read MorePapua LNG set for FID next year
“Asian LNG buyers are therefore evaluating which alternative liquefaction projects to accelerate towards FID,” said Marc Howson, head of Asia-Pacific and global LNG at consultancy…
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