Sonatrach CEO Toufik Hakkar has visited Algeria’s southwest, seeing the Touat and North Reggane facilities.
Indonesia’s Pertamina has signed a memorandum of understanding (MoU) with Algeria’s Sonatrach.
Sonatrach has shut down its Skikda LNG complex following a gas turbine problem.
Algeria will hold its legislative elections on June 12, offering a slim opportunity for change – although with concerns already around turnout and legitimacy.
BP is considering the transfer of its assets in Algeria to Eni, according to a report from Reuters.
Gazprom EP International has restarted production in Libya, where it works with Wintershall Dea.
Sinopec has signed a memorandum of understanding (MoU) with Sonatrach, with a focus on its Zarzaitine licence.
Equinor is the latest company to sign a memorandum of understanding (MoU) with Algeria’s Sonatrach.
Algerian Minister of Energy and Mines Mohamed Arkab has inaugurated the EGPDF pipeline, which links in to the Medgaz pipeline.
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Sonatrach has pulled the plug on the Isarene permit, held by Petroceltic International.
Shell signed a memorandum of understanding (MoU) with Sonatrach last week, looking at potential trading opportunities.
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021 after Saudi Arabia suggested that the figure looked too high, delegates said.
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
The energy transition is a “political risk nightmare” for hydrocarbon-export reliant states, a new report from Verisk Maplecroft has said.
Innovative Energy has made an all-cash $12.5 per share offer to take ADES International into Saudi Arabian hands.
At COP21 in Paris in 2015, 11 countries made gas flaring a stated commitment to their Paris Nationally Determined Commitments (NDCs). Disappointingly, five years on, flaring has increased for these 11 countries, by 6% to 60 billion cubic metres per year.
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.
Algerian President Abdelmadjid Tebboune has carried out a reshuffle, appointing a new energy minister.
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
Algeria’s energy exports are plunging, threatening more financial suffering for the OPEC member and a potential repeat of the mass demonstrations that toppled the president two years ago.
Sonatrach will invest $40 billion over the next five years, of which 51% will be in dinars, the company’s CEO Toufik Hakkar has said.
Algeria’s Sonelgaz has signed a memorandum of understanding (MoU) with Libyan power producer Gecol.
Eni has struck a new deal for work in Algeria, with a focus on the Berkine Basin, under the new oil law.