Welligence Mexico | Mexico’s fiscal changes: meaningful reform or a half step?
The government of Mexico has introduced two new changes to its fiscal regime. The first is a new tax framework called “Derecho Petrolero del Bienestar”…
Read MoreUK Fiscal & Policy | The potential of undeveloped gas discoveries to boost the UK’s energy security
In May 2025, Welligence presented the following analysis at the DEVEX conference in Aberdeen, examining if the remaining undeveloped discoveries in the UK could supplement…
Read MoreWelligence Global Fiscal | Global trends in petroleum fiscal terms – a race to the top?
Since the 2014 oil price crash, countries have increasingly competed for limited upstream investment by adopting investor-friendly reforms—driven by declining investment, tighter capital availability, and…
Read MoreWelligence US Gulf of America (GoM) | Trump plans to loosen decommissioning rules
On 2 May, the U.S. Department of the Interior (DOI) announced its intention to revise BOEM’s 2024 rules regarding financial assurances for decommissioning liability in…
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 Senegal | Beyond the first barrels: what’s next for Senegal?
This has been a pivotal year for Senegal – it became an oil producer in June with the start-up of Woodside’s Sangomar field, and it…
Read MoreNorth Africa Benchmarking | Balancing the barrels (part 2): How do North Africa’s fiscal regimes stack up?
Following on from our study on the impact of fiscal policies on Middle Eastern oil finds, published in August, Welligence Energy Analytics has now modelled…
Read MoreUK | Understanding tax loss positions with the Welligence platform
The UK fiscal system is one of the most complex globally, with numerous changes to taxation since drilling commenced in the North Sea in 1964.…
Read MoreWelligence MENA | The Majors in the Middle East and North Africa – recent business development and what next?
The MENA region will continue to be of key importance to the Majors throughout this decade and into the next. The combination of vast reserves,…
Read MoreUK Fiscal & Policy | Labour increases EPL – and halts licensing?
On 4 July, the Labour party won the UK general election, ending the Conservative party’s 14-year tenure. This was followed on 29 July by the…
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