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News

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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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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Egyptian-regasified natural gas starts heading to Lebanon and Syria

The gas itself isn’t tied to a single source: Volumes supplied through Egypt would likely come from a blend of sources, Ross Cassidy VP of…

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Egypt launches new offshore bid round

Welligence Energy Analytics noted in a LinkedIn post that Ganope held a Red Sea bid round in 2019 which saw Chevron awarded Block 1, Shell…

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Upcoming 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…

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Texas 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…

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North American Projects, Players and Deals in LNG’s Spotlight

“In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on…

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The shrinking pool of large international E&P companies

“The group of large interna­tional E&Ps has been steadily shrinking. Over the past five years, companies in the peer group, including Noble Energy, Mar­athon, and…

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Equinor prepares to start delayed deepwater project offshore Brazil

“Ultra-deep reservoirs, high pressure, and full gas reinjection have stretched costs and project timelines,” said Andre Fagundes, a vice president at energy consultancy Welligence who…

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Petronas offers another cluster of discoveries

Consultant Welligence Energy Analytics on LinkedIn noted that the Estuary Cluster is located approximately 30 kilometres from the nearest existing infrastructure on EnQuest’s PM8 Extension,…

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