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
