Adnoc’s XRG calls off $18.7 billion Santos acquisition
Marc Howson, head of APAC at energy consultancy Welligence, told Upstream on Wednesday: “XRG is focused on becoming a top-five integrated global gas and LNG player,…
Read MoreEnergy & Utilities Roundup: Market Talk
“People are talking about too much supply chasing too little demand. There is demand out there, but it has not been growing at the same…
Read MoreSantos lifts lid on Adnoc deal collapse
Consultancy Welligence Energy Analytics earlier said that the XRG Consortium’s bid for Santos came “as no surprise”. “After rejecting Harbour Energy’s attempts to buy the…
Read MoreFive to watch: The Middle East’s $150 billion oil and gas megaprojects
Carlos Bellorin, executive vice president for energy trends and analysis at Welligence Energy Analytics, believes that the UAE’s oilfield expansion drive, on the back of…
Read MoreGuyana among nations overhauling petroleum laws to attract investment – GEOExPro
The report, authored by Carlos Bellorin and Ruaraidh Montgomery of Welligence Energy Analytics, stated that between 2019 and 2025, at least 72 countries implemented major…
Read MoreTalos Energy confirms promising oil find at Daenerys in US Gulf of Mexico
“This is good news for the US GoM, which has seen only limited exploration success in recent years,” Welligence Energy Analytics stated on its LinkedIn today. “Furthermore,…
Read MoreArgentina’s 30 MMtpa LNG Ambition by 2030 – Is It feasible?
“The development of Vaca Muerta is transforming Argentina into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase…
Read MoreGlobal Corporate | The shrinking pool of Large International E&Ps – what’s next?
The pool of Large International E&Ps has been shrinking. With Chevron’s completion of its acquisition of Hess, the peer group is almost half its size…
Read MoreColombia’s offshore energy hopes deflate amid poor discoveries, stricter regulations
“It’s a clear reality that there have not been big findings in Colombia for some time, and that means that many companies must move to…
Read MoreAnalyst Says ‘Uncertainties Remain’ at BP Bumerangue Find
“BP’s disclosure of the Bumerangue discovery points to a potentially material find, though uncertainties remain regarding its size and commercial viability.” That’s what Obo Idornigie,…
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