News
Shell demonstrates renewed focus on hydrocarbons
“The European majors are battling pressures from investors to reduce emissions while maintaining strong shareholder returns… Shell’s shift in strategy is largely explained by CEO…
Read MoreEast of Shetland: Will the UK’s heavy oilfields overcome their challenges?
David Moseley, vice president of operations at Welligence saying: “Heavy oil developments require significant capex, opex and are subject to longer pay back periods, as…
Read MoreNew Finds Could Revive Indonesia’s Arun LNG Export Plans
“The world will be so reliant on the US and Qatar, which will supply around half of the world’s entire LNG by 2030, that diversification…
Read More‘Satisfied’: European major happy with result of Mediterranean Sea well
Welligence Energy Analytics also suggested Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas sold to the gas-hungry Egyptian…
Read MoreA $290 Billion Investment Cements Natural Gas’s Relevance for Decades
“Europe’s been a bit shaken by the lack of energy security,” said Marc Howson, head of Asia at Welligence Energy Analytics.
Read MoreM&A in the spotlight: Which of the top quality oil and gas independents is next?
“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…
Read MoreLebanon launches third licencing round amid heightened tensions with Israel
A LinkedIn post from analysts at Welligence Energy Analytics said: ‘Lebanon has not quite yet joined the gas exploration success seen in offshore Israel, Cyprus…
Read MoreLNG investment: Hydrocarbon challenges or green opportunity?
This decade’s unprecedented LNG supply investment is strongly focused on managing emissions intensity. Wide-ranging measures, particularly CCS, renewable-energy-powered liquefaction trains, carbon offsets and FLNG conversions,…
Read MoreAsian LNG demand to rise on lower prices
“Asian LNG demand is increasing as the region is now buying cargos for the peak winter season, supported by recent LNG price declines,” Marc Howson,…
Read MoreGlobal Exploration Outlook
Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of…
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