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.
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 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.
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.
Some foreign workers evacuated from an Algerian gas plant after it was attacked in March have begun returning to the facility.
The Algerian President has named new energy and finance ministers as part of a cabinet reshuffle.
Petroceltic has successfully completed the second development well on its flagship Ain Tsila field in Algeria under-budget and on schedule.
Petroceltic today confirmed its successful drilling campaign in Algeria.
Statoil’s boss in Algeria said the recent attempted terrorist attack in the country was a “wake-up call” for the company.
Petroceltic International today confirmed it had successfully drilled the first of 24 new development wells on its Ain Tsila gas and condensate field in Algeria.
Statoil employees have left Algeria just a couple of weeks after the gas plant where they worked was attacked by terrorists.
Algeria’s army has killed four militants, who authorities believe are responsible for Friday’s gas plant attack.
Petroceltic International has begun development drilling on its flagship Ain Tsila gas and condensate field in Algeria.
BP has confirmed start-up at its In Salah Gas project in Algeria.
The Irish High Court has granted independent oil and gas producer Petroceltic an injunction prohibiting activist investor Worldview Capital from proceeding with its attempt to hold another extraordinary general meeting.