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Nigeria’s Oil Comeback to Test Its Commitment to OPEC+ Cuts

These measures “are starting to bear fruit,” though at a significant cost, said Ifeanyi Onyegiri, a senior analyst for Welligence. Nigeria “should be able to…

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Welligence MENA | What do the MENA upstream highlights of 2024 reveal about 2025?

In 2024, oil and condensate production from the region averaged 33 million bbl/d, approximately 32% of global oil supply. OPEC plays a significant role on…

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Welligence Australia | Australian gas/LNG shortfalls: Beetaloo to the rescue?

The Beetaloo Basin’s vast onshore shale gas resources offer a unique opportunity to address southeastern Australia’s looming LNG import needs and also revitalise the country’s…

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Welligence Nigeria | Is Nigeria’s oil growth target realistic?

The Nigerian government recently launched an initiative to increase the country’s oil production by a million barrels per day in the next 12 to 24…

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