Italian energy group Eni (ENI.MI) said on Wednesday it had agreed to acquire BP’s (BP.L) business in Algeria, including two major gas fields. Eni said it would take BP’s stakes Continue Reading
TotalEnergies SE , Eni SpA and Occidental Petroleum Corp. struck an agreement with Algeria to develop the Berkine basin, reflecting growing interest in the nation’s energy resources as importers pull Continue Reading
Algeria suspended a 20-year friendship treaty with Spain this week and moved to limit trade with its northern neighbour, raising more questions about the potential impact on the long-established gas Continue Reading
The In Salah Gas (ISG) Krechba Project in the Sahara desert near In Salah, Algeria. Want the lowdown on European markets? In your inbox before the open, every day. Sign Continue Reading
Algeria suspended a 20-year-old friendship treaty with Spain that committed the two sides to cooperate in controlling migration flows, and also banned imports from Spain, escalating a row over Madrid’s Continue Reading
Algeria, Spain embroiled in dispute over Western Sahara Algeria’s Sonatrach may increase gas price paid by Spain’s Naturgy Spain seeking to become a gas hub for Europe Algeria, which is Continue Reading
Algeria, Spain embroiled in a dispute over Western Sahara Algeria’s Sonatrach may increase gas price paid by Spain’s Naturgy Spain seeking to become a gas hub for Europe Algeria, which Continue Reading
This could have been Algeria’s moment: Europe’s efforts to wean itself off Russian gas should have provided the north African country with a golden opportunity to maximise exports and carve Continue Reading
Algeria is set to boost its natural gas exports to Italy by almost 50% with a new deal due to be signed Monday, people familiar with the matter said. The Continue Reading
Eni and Sonatrach CEOs have met with the Algerian Prime Minister. Eni and Sonatrach CEOs have met with the Algerian Prime Minister as part of initiatives set to strengthen the Continue Reading
Italy’s foreign minister said a visit to Algeria on Monday to seek an increase in gas supplies from the country had yielded good results, as Europe steps up its efforts Continue Reading
Highlights North African country increases gas output in 2021 Platts Analytics says Algeria could provide 7 Bcm more gas Rising domestic demand, political crisis may crimp exports In 1981, while Continue Reading
Algeria’s state oil and gas producer Sonatrach plans to start its first offshore oil drilling in 2023, the state news agency APS reported on Sunday, citing deputy chairman in charge Continue Reading
A diplomatic crisis between Morocco and Algeria threatens gas supply to Spain Spain considers importing more (expensive) LNG Algeria faces a number of problems in expanding its gas market share Continue Reading
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to Continue Reading
The OPEC+ alliance should remain cautious at its upcoming meeting Jan. 4 because a new strain of the coronavirus that causes COVID-19, B117, is likely to weigh on global oil Continue Reading
Algeria’s oil and gas production in 2020 will total 143 million tons of oil equivalent, a decline of 8% from 2019, due the pandemic and slow economic growth, energy minister Continue Reading
OPEC member Algeria plans to install up to US$3.6 billion worth of solar photovoltaic (PV) projects to produce renewable electricity for export and for meeting increasing domestic power demand. The Continue Reading
OPEC member Algeria has decided it would slash its budget for this year by 50 percent, due to the drastically lower income from oil after the price crash. Algeria – Continue Reading
Algeria has banned street protests over the coronavirus, President Abdelmadjid Tebboune said on Tuesday, bringing to an end a year of unprecedented mass demonstrations that brought down the veteran president Continue Reading
Algerians are watching to see whether a global epidemic will do what the ruling authorities they describe as le pouvoir – the powers that be – have failed to achieve, Continue Reading
Algeria has appointed a new government, state television said on Thursday, as the country faces its biggest political crisis in decades and a raft of economic problems caused by falling Continue Reading
Algeria is amending its energy law in a bid to attract foreign investment into its oil and gas industry, months after international majors suspended talks about new projects amid mass Continue Reading
Authorities in Algiers shut its metro and all trains to the capital in an effort to keep protesters away, but many arrived by coach Tens of thousands of demonstrators have Continue Reading
Algeria’s energy minister said on Monday he would seek a “good compromise” when asked about his earlier comments that Algiers would block a plan by France’s Total to buy Anadarko’s Continue Reading
Algeria will block Total from acquiring Anadarko’s assets in Algeria, energy minister Mohamed Arkab told reporters on the sidelines of a conference on Sunday. Occidental Petroleum has agreed to sell Continue Reading
Algerian state energy firm Sonatrach will focus on increasing production and export volumes to help develop the OPEC member country’s oil and gas-reliant economy, its newly-appointed head Rachid Hachichi said Continue Reading
Hundreds of thousands of Algerians took to the streets Friday in one of the largest demonstrations the country has seen since its president resigned last week, demanding that the interim Continue Reading
The future of Algeria’s oil industry was called into question earlier this week as its political crisis took hold, and now its future is even more suspect, as its state-run Continue Reading
The oil patch is reeling from a political crisis in Algeria that first saw Exxon halt its prospective shale ambitions in the country, and has now spread to major trading Continue Reading
What does the resignation on April 2, 2019, of Algerian Pres. Abdelaziz Bouteflika mean for the future of his country and the region, and why was the Algerian military so Continue Reading
Algeria exports to Spain, Italy down from earlier in year Oil-indexed gas contracts out of the money Washington — Receive daily email alerts, subscriber notes & personalize your experience. Register Continue Reading
Algeria’s ailing president, Abdelaziz Bouteflika, agreed Monday to step down by the end of the month, yielding to weeks of mass demonstrations demanding his ouster. In a short statement carried Continue Reading
Protests that erupted six weeks ago in Algeria have now transformed into a million-strong force against aging Algerian strongman President Abdelaziz Bouteflika, with Exxon having already called the political unrest Continue Reading
Protesters are demanding the resignation of President Bouteflika Hundreds of thousands of people have taken to the streets in Algeria to demand the resignation of President Abdelaziz Bouteflika. Estimates say Continue Reading
The ongoing unrest in one of North Africa’s largest oil and gas producers Algeria is reaching boiling point. After weeks of protests from the opposition, aimed at blocking the possible Continue Reading
Algeria’s oil and gas production appears to be unaffected so far by the political unrest gripping the country, an International Energy Agency (IEA) official said on Tuesday. A major oil Continue Reading
The unrelenting unrest in Algeria in the form of mass protests seeking to force President Abdelaziz Bouteflika out of office has investors worried; but so far, there are no signs Continue Reading
Exxon’s negotiations with Algeria for the development of local shale gas resources are being delayed because of the widespread anti-government protests in the North American country, Reuters reported this week, Continue Reading
Anti-government protests in Algeria were probably supposed to end after long-term president Abdelaziz Bouteflika dropped his plan to run for a fifth term in office this year. They didn’t. In Continue Reading
Highlights First gas from TFT Sud expected in late 2021 Production to reach 3 million cu m/d by 2023 Part of 2017 Total, Sonatrach partnership deal Algiers — France’s Total Continue Reading
Algeria has survived the decade of political turmoil, with Arab Spring revolutions subverting authoritarian leaders across the Maghreb, largely unscathed. Popular unrest was swiftly quelled by government handouts and thereafter Continue Reading
Total has extended a partnership in an Algerian natural gas field for the next 25 years. File Photo by Steve Oehlenschlager/Shutterstock June 11 (UPI) — French energy company Total said Continue Reading
Algeria plans to raise its budget expenditure by 6 percent this year to capitalize on the higher oil prices ahead of presidential elections next year, but economists warn that boosting Continue Reading
Italian energy company Eni said Tuesday it signed a series of agreements with a state-run company in Algeria that could lead to greater gas production. Eni CEO Claudio Descalzi met Continue Reading
Oil majors Anadarko, Total, ENI and Statoil have expressed interest in helping Algeria start offshore drilling, according to state news agency APS which quoted the CEO of the North African Continue Reading
Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North African country’s oil and gas industry. The government Continue Reading
Vitol will get 1.5 to 2 million barrels of crude per month from Algeria’s state oil firm Sonatrach and deliver fuel to the country in exchange, in a rare such Continue Reading
Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption that is eating into vital exports, but developing the industry will take time and Continue Reading
Spanish energy company Repsol said it started production from a complex of Algerian gas fields, finishing off one of its most significant African developments. Repsol CEO Josu Jon Imaz joined Continue Reading
