Cepsa to sell out of Medgaz link
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
Algerian reform efforts trigger protests
Algeria’s cabinet has approved proposed changes to the country’s hydrocarbon law.
Updated: DoJ ends Eni scrutiny over OPL 245, Algeria
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.
Sonatrach reaches out to Chevron
Algeria’s state-owned Sonatrach has held talks with Chevron this week, with technical workshops held in order to consider joint opportunities.
Total sets out cautious stance
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
Algerian power and paralysis
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 exports first gas from Touat project
Neptune Energy has announced the export of first gas from the Touat development in Algeria.
Protesters reject Algeria’s interim president and demand change
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 march against president and political system
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.
Petrofac wins £750m contract in Algeria
UK energy service firm Petrofac has clinched a £750 million deal to provide engineering, procurement and construction services for a project in Algeria.
Wars, coups, whatever. Nothing stops Europe’s No. 3 gas supplier
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 pumped into Touat plant
First gas has entered the facilities for Neptune Energy and Sonatrach's Touat project in Algeria as part of the commissioning stage.
Globalscot to help North Sea oil firms make splash abroad
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.
Total, Sonatrach bury the hatchet with new pact
French oil major Total has agreed a pact with Algeria’s state energy company.
Algeria’s Sonatrach to boost output 20% with new projects
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.
African Development Bank backs $1bn loan for Algeria
The African Development Bank's board has approved a $1billion loan for Algeria.
Algeria dishes out $1.4bn gas field contract to Japanese firm, report says
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.
Algeria says Saudi offered to cut oil output levels ahead of OPEC meeting
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, Sonatrach sign agreement for renewables in Algeria
Eni said it has reached a strategic agreement with Sonatrach for the implementation of renewable energy in Algeria.
Algeria to boost gas output as three delayed projects come online in 2017
Algeria is on track for more than nine billion cubic metres a year of additional gas output from next year when three delayed projects come online.
Iran sets terms for cooperating with OPEC to stabilise oil market
Iran has said it will help other oil producers stabilise the world market if other OPEC members recognise the country's right to regain lost market share.
Algerian gas plant attacked by Al Qaeda ready to return to full production
A gas plant in Algeria is ready to come back fully online after it was attacked three years ago by Al Qaeda killing 40 workers.
Foreign workers return to attacked Algerian gas plant
Some foreign workers evacuated from an Algerian gas plant after it was attacked in March have begun returning to the facility.
Algerian President reshuffles top positions including energy minister
The Algerian President has named new energy and finance ministers as part of a cabinet reshuffle.
Petroceltic completes Ain Tisila well on schedule and under-budget
Petroceltic has successfully completed the second development well on its flagship Ain Tsila field in Algeria under-budget and on schedule.