Welligence Colombia Politics | Colombia heads to election run-off as pro oil & gas de la Espriella takes surprise lead
Colombia’s 2026 presidential election heads to a run-off after no candidate reached a 50% majority on polling day (31 May 2026). Against expectations, Abelardo de…
Read MoreFirst 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…
Read MoreWelligence Colombia Politics | Colombia’s polarizing 2026 presidential election
Colombia’s 2026 presidential election is shaping up to be tight, with Pacto Historico continuity candidate Ivan Cepeda, a close ally of current President Gustavo Petro,…
Read MoreWar in Iran could cause the biggest oil shock in years
Faced with an existential threat, Iran’s leadership – or what remains of it – may see dragging its Gulf neighbours into the crisis as one…
Read MoreIran retaliates with attacks aimed at UAE, Qatar, Kuwait and Saudi Arabia
“For Iran, the stakes are existential,” Carlos Bellorin, EVP at Welligence Energy Analytics, told Upstream. “The regime may be willing to go further than in…
Read MoreBallots and Barrels: The Elections to Watch in 2026
Elections that took place in 2025 across oil-relevant states were notable for their frequency, geographic spread, and political intensity, setting an important reference point for…
Read MoreVenezuela’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…
Read MoreWelligence Development | Venezuelan gas – an overlooked opportunity
Venezuela’s gas potential flies under the radar due to the country’s dominant oil profile – indeed, nearly all commentary since Maduro was removed from office…
Read MoreWelligence Politics | Post-Maduro Venezuela – The New Government and Implications for the Oil Sector
Venezuela’s oil sector is entering a critical reset following the capture of Nicolás Maduro and the installation of Delcy Rodríguez as President. The report examines…
Read MoreWelligence | Iraq Elections 2025: What Happened, What’s Next and Implications for the Oil Sector
The RDC claimed victory amidst a high voter turnout in Iraq’s sixth election. What implications does this have for the country’s ambitious oil sector? CLIENT…
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