News
Great Gulf pipeline race: which routes will actually be built?
“The UAE has said the project is progressing swiftly and is fast-tracking it to be completed by 2027,” says Eric Soosay, Middle East and Africa…
Read More‘Here to stay’: Middle East upstream investment set to weather recent challenges
Ross Cassidy, vice president, Middle East and North Africa research at Welligence Energy Analytics, told the panel that while in the short term there will…
Read MoreHow Egypt and Turkey are competing to control East Med gas infrastructure
“Don’t let the natural competition between the nations get in the way of cooperation,” Welligence VP of MENA Research Ross Cassidy tells EnterpriseAM. “An interconnected,…
Read MoreThe Gulf’s growing oil storage crunch
Oman’s main crude export terminal at Mina Al Fahal gives the Sultanate a structural advantage over Gulf-facing exporters, Welligence Energy Analytics MENA analyst Eric Soosay…
Read MoreWhen Hormuz shuts, where do the barrels go?
Oman’s main crude export terminal at Mina Al Fahal gives the Sultanate a structural advantage over Gulf-facing exporters, Welligence Energy Analytics MENA analyst Eric Soosay…
Read MoreIraq faces summer blackouts
Oil production has been slashed to about a quarter of prewar levels, according to Welligence analyst Eric Soosay, and Iraq has shut the majority of…
Read MoreServices firms feel the squeeze as oil rally from Iran war fails to spur drilling
“A persistent closure of the Strait of Hormuz would severely impact crew mobilizations in the region as well as create logistical challenges for movement of…
Read MoreHow 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.…
Read MoreWar in Iran could cause the biggest oil shock in years
Faced with an existential threat, Iran’s leadership – or what remains of it – may see dragging its Gulf neighbours into the crisis as one…
Read MoreIran 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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