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Quarterly Upstream GHG Report – South America (Q2 2025)

Welligence’s second quarterly emissions report of 2025 continues a series in which we provide clients with analysis on the emissions performance of the upstream sector…

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Welligence says Chevron must tread carefully operating in Guyana because of border controversy

Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30% stake in Guyana’s Stabroek Block, to act…

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Welligence Guyana Corporate | Hess Wins Arbitration in Dispute Over Chevron Merger

An international arbitration tribunal acting under the ICC Arbitration Rules has ruled in favour of Hess, dismissing ExxonMobil and CNOOC’s claim that their pre-emption rights…

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Welligence Latin America Q2 2025 M&A Quarterly | A robust deal-making quarter in Latin America

This quarter saw a drop in activity, with nine deals announced, compared to 14 in Q1 2025 and seven in Q2 2024. Similar to previous…

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Chasing Barrels: Atlantic Margin, Southeast Asia Top Exploration Targets

Over the next 2 to 3 years explorers are expected to target about 50 billion BOE of reserves, Ruaraidh Montgomery, head of energy trends and…

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Offshore industry overcoming arch foes

The offshore industry is learning important lessons from the challenges of the recent past. Welligence Energy Analytics estimates an average of 22% cost overruns for…

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Welligence 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…

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Welligence 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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Welligence Global Fiscal | Global trends in petroleum fiscal terms – a race to the top?

Since the 2014 oil price crash, countries have increasingly competed for limited upstream investment by adopting investor-friendly reforms—driven by declining investment, tighter capital availability, and…

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Welligence Global offshore project execution: What have we learnt so far?​

Offshore projects sanctioned between 2019 to 2021 were hit by cost overruns and delays due to Covid restrictions. What is the outlook for the next…

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