Algeria’s Sonatrach has signed an engineering, procurement and construction (EPC) contract with Tecnicas Reunidas and Samsung Engineering on a new refinery at Haoud El Hamra, in Hassi Messaoud.
Gas investments in the Middle East and North African (MENA) region are declining, according to a report from Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP).
A veteran Algerian politician won a presidential election spurned by most voters, giving fresh impetus to protests demanding a complete revamp of the OPEC member’s political system.
Algeria goes to the polls today in a widely disputed election that aims to move the country on from its political quagmire, although this seems unlikely.
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Sonatrach’s new head was installed on November 17, with Kamel Eddine Chikhi replacing Rachid Hachichi at the top of the Algerian energy company.
Sonatrach has signed a deal to increase its stake in the Medgaz gas pipeline to 51%, from 43%. The remainder will be held by Naturgy.
Algeria’s cabinet has approved proposed changes to the country’s hydrocarbon law.
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.
Algeria’s state-owned Sonatrach has held talks with Chevron this week, with technical workshops held in order to consider joint opportunities.
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
The Algerian government has set out steps intended to bring an end to the discontent that has left the country paralysed since February.
Neptune Energy has announced the export of first gas from the Touat development in Algeria.
Algerian protesters have rejected the interim leader named to replace former president Abdelaziz Bouteflika, shouting "out with the system" as they called for the dismantling of the political hierarchy that has led Algeria for two decades.
Algerians took to the streets in their millions for the sixth straight Friday of nationwide protests, trying to push their ailing president from power and bring down a political system seen as corrupt and out of touch.
UK energy service firm Petrofac has clinched a £750 million deal to provide engineering, procurement and construction services for a project in Algeria.
Arab Spring-style protests have rocked Europe’s third-biggest natural gas supplier. Thousands of young Algerians have taken to the streets, fed up with an octogenarian president who’s been in power for 20 years and a weak economy that doesn’t generate enough jobs. While the rare public display of dissatisfaction has sparked a political crisis in the authoritarian state, the country’s energy exports haven’t been disrupted.
First gas has entered the facilities for Neptune Energy and Sonatrach's Touat project in Algeria as part of the commissioning stage.
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
French oil major Total has agreed a pact with Algeria’s state energy company.
Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years as new projects start up, Salah Mekmouche, the company’s vice president of exploration and production, said.
The African Development Bank's board has approved a $1billion loan for Algeria.
Japanese firm JGC has won a $1.4billion contract to help Algeria’s state energy company increase production from its largest gas field, a news report said.
Saudi Arabia, the world’s biggest oil exporter, has offered to cut its output to January levels, Algeria’s energy minister said as he prepared to host a meeting of OPEC producers later this week.
Eni said it has reached a strategic agreement with Sonatrach for the implementation of renewable energy in Algeria.