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First Take on Venezuela’s Draft Implementing Regulations – More Work Needed

The draft regulations are a substantive piece of work and the first comprehensive set of implementing regulations to a Venezuelan Hydrocarbons Law since 1943. It…

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Alaska Licensing | Shell is back – big success in Alaska’s latest lease sale

The exploration renaissance momentum continues with the success of Alaska’s latest bid round – the NPR-A lease sale saw the return of Shell to the…

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Welligence Corporate | International BD strategies of the NOCs

The international business development strategies of NOCs have been diverging in recent years. As the macro environment evolves, shaped by the ongoing tensions in the…

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Atlantic Margin Exploration | Exploration insights across the Atlantic Margin

The Atlantic Margin is one of the most consistently successful exploration provinces globally, delivering material discoveries across multiple basins and exploration cycles. Since 2010, more…

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Southeast Asia Rumblings on the Ground | Momentum builds across licensing, gas growth and strategic repositioning

Southeast Asia is accelerating upstream licensing activity, with Malaysia, Thailand, Indonesia, Brunei and even Myanmar launching or preparing bid rounds to drive investment and replace…

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Venezuela’s Amended Hydrocarbons Law – An Update

On 29 January 2026, the National Assembly of the Bolivarian Republic of Venezuela approved a comprehensive amendment to the 2006 Hydrocarbons Law, representing a historic…

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Welligence Global | Beyond Fiscal Terms: Turning Reforms into Results

This report is the second in our two-part series on the evolving fiscal and regulatory landscape and what actions help realise tangible projects.

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Guyana 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…

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EU MERR Primer – Dates, definitions, obligations, and implications for the global oil and gas sector

Methane emissions regulation is transforming the global oil and gas sector. The EU’s Methane Emissions Reporting Regulation (MERR) framework sets new measurement, reporting, and verification…

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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”…

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