Italy to get more gas from Algeria, foreign minister says
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
As Europe seeks alternatives to Russian gas, Algeria has pipeline capacity to spare
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 Sonatrach to launch first offshore oil drilling in 2023 – state media
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
Conflict In North Africa Threatens Gas Supply To Europe
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
EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria
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
Algerian energy minister urges OPEC+ caution as virus mutation clouds outlook: report
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 2020 hydrocarbons production to shrink 8% year-on-year: energy minister
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 Producer Algeria Aims To Build $3.6B Solar Power Projects
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
Oil Price Crash Forces Algeria To Cut State Budget By 50%
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 bans street marches, ending a year of mass protest
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