Canada Oil Sands M&A | Cenovus acquires MEG Energy for US$5.71 billion, advancing Canadian oil sands consolidation
On 22 August 2025, Cenovus Energy announced an agreement to acquire MEG Energy for US$5.71 billion (C$7.9 billion). CLIENT ACCESS REQUEST ACCESS
Read MoreWelligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreFrom Bridge to Backbone – Turning LNG’s Methane Risk into Opportunity
The boom in new LNG plants, particularly in the US, has raised concerns among environmentalists about methane emissions, prompting claims that LNG is “worse than…
Read MoreADIPEC Insights Report | LNG’s FID race heats up – Ramp-ups, Rejuvenations and Restarts
Welligence Energy Analytics is proud to be an official 2025 ADIPEC Media Partner. As part of this partnership, we are publishing the first of a…
Read MoreWelligence Global Q2 2025 M&A Quarterly | All eyes on XRG’s move for Santos
Around US$39 billion was spent on M&A globally in Q2, across 35 transactions. The majority of deal-making occurred in onshore North America, which accounted for…
Read MoreGlobal Corporate | The shrinking pool of Large International E&Ps – what’s next?
The pool of Large International E&Ps has been shrinking. With Chevron’s completion of its acquisition of Hess, the peer group is almost half its size…
Read MoreGlobal M&A | Global Upstream deal-making in July 2025 – a summary
Six transactions were announced in July 2025, down on the 10 announced in June and slightly below the rolling 12-month average. The majority were small…
Read MoreWelligence North America Q2 2025 M&A Quarterly | Muted deal activity in Q2 as market caution persists
In Q2 2025, only one small deal was announced, with activity muted due to ongoing market volatility. Last quarter’s drop to US$59/bbl, driven by trade-related…
Read MoreWelligence Global Corporate | Exploring the upstream JV/satellite models
The creation of JV companies by European IOCs has been grabbing headlines recently. Will the model continue to gain traction with other IOCs? CLIENT ACCESS…
Read MoreWelligence M&A | Global upstream deal-making in May 2025 – a summary
There were nine transactions announced in May 2025, up from four in April, and above the rolling 12-month average. CLIENT ACCESS REQUEST ACCESS
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