News
Lebanon 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…
Read MoreArgentina’s new president promises energy shake-up
This issue extends into the political arena. Any proposed incentives aimed at fostering growth and investment in the Vaca Muerta must navigate the complexities of…
Read MoreExciting opportunity attracts LNG investors off East Timor
Marc Howson, Head of Asia at Welligence Energy Analytics, told Energy News that “Chuditch is a significant shallow-water discovered gas resource, located near several gas-short…
Read MoreEni starts drilling key well at offshore gas discovery in East Mediterranean
Welligence Energy Analytics in late October suggested that, if successful, Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas…
Read MoreLibya’s upstream promise still hamstrung by instability
“There is still division between the country’s two rival leaderships—the internationally recognised government of National Unity, based in the western capital of Tripoli, and the Libyan…
Read MoreVenezuela’s limited oil sanctions relief
Venezuelan supply “could add to the competition and result in heavier discounts for South American heavy crudes”, [Andres Armijos] continues.
Read MoreEni set to start drilling critical East Med gas well
Welligence Energy Analytics said that “the well confirmed the presence of very good quality sand reservoirs at multiple layers, including some known with commercial discoveries…
Read More