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Five to watch: The Middle East’s $150 billion oil and gas megaprojects

Carlos Bellorin, executive vice president for energy trends and analysis at Welligence Energy Analytics, believes that the UAE’s oilfield expansion drive, on the back of…

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Mideast war highlights Egypt’s energy weak spot

Production is expected to average 4.4 to 4.6 bcf/d this year, according to Martin Sherriff, an analyst at consultancy Welligence Energy Analytics. It is, however,…

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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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