Untangling UK CCUS Track-1 Incentives: A Summary of Cost Support Mechanisms
As part of its broader decarbonization strategy, the UK aims to establish a self-sustaining Carbon Capture, Utilization, and Storage (CCUS) market. Achieving this goal requires…
Read MoreEnergy Transition | ‘Green-plating’ – a guide to cheap and effective decarbonization
In the oil & gas industry, ‘gold-plating’ emerged as a strategy for consortiums to increase revenue by driving up development costs. However, with a global…
Read MoreWelligence GHG | Benchmarking IOCs – How regional exposure drives emissions intensity
With the release of US Lower 48 completing Welligence’s global Scope 1 and 2 emissions coverage, our global clients now have access to the upstream…
Read MoreEnergy Transition | Review of Majors’ 2024 Results – Strategies in Transition
Though most majors have released 2024 results and plans for 2025, bp’s announcements grabbed the headlines. As laid out in our 2025 Look Ahead and…
Read MoreCCUS | Power Generation from Bioenergy with Carbon Capture and Storage (BECCS): Can it be profitable?
Bioenergy with Carbon Capture and Storage (BECCS) is emerging as a key solution for CO₂ removal, offering the unique advantage of negative emissions while generating…
Read MoreEnergy Transition | How cancelling Jackdaw and Rosebank will increase the UK’s emissions
A Scottish court has ruled that the approvals for the Rosebank and Jackdaw oil and gas fields were unlawful due to inadequate environmental impact assessments,…
Read MoreEnergy Transition | 2025 and Beyond: How are strategic decisions by Majors shaping the upstream transition?
The demand for oil & gas has proven to be more resilient than previously anticipated. This shift has already led key players to reassess and…
Read MoreColombia’s Bold Push to Go Green Has an Unintended Trade Off: Gas Imports
“Gas produced in Colombia generates roughly the same amount of emissions as gas from the US Permian Basin, according to an estimate from Welligence Energy…
Read MoreWelligence CCUS | EPA Approves First Permit for Onshore Carbon Capture and Storage in California
California Resources Corporation (CRC) secured the first-ever Class VI permit from the Environmental Protection Agency (EPA) for the underground injection and storage CO₂. This permit…
Read More‘More pragmatic and less idealistic’: How the energy energy transition hit a speed bump in 2024
“I think 2024 was a year in which the world understood that, to transition, we need to be more pragmatic, and less idealistic,” Juan Agudelo,…
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