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Algeria Overview

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Fertiglobe wins German green ammonia pilot auction
NEWS
Egypt - July 12, 2024

Fertiglobe has been chosen to supply renewable ammonia to the EU in a pilot auction by Germany’s H2Global.

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OPEC+ extends oil production cuts into 2025
NEWS
Multinational - June 03, 2024

OPEC+ has decided to extend oil production cuts into 2025.

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Baker Hughes provides gas boost to Algeria’s Sonatrach
NEWS
Algeria - May 23, 2024

Baker Hughes will supply 20 compression trains for Sonatrach's Hassi R’Mel gasfield in Algeria.

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TotalEnergies teams up with Sonatrach in Timimoun
NEWS
Algeria - April 09, 2024

TotalEnergies and Sonatrach have signed an MoU for the development of gas resources in Algeria's Timimoun region.

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Algeria announces winners of solar auctions totalling 3 GW
NEWS
Algeria - March 25, 2024

The government of Algeria has unveiled the winners of two solar PV tenders totalling 3 GW.

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OPEC+ members extend voluntary output cuts to Q2 2024
NEWS
Multinational - March 04, 2024

Several OPEC+ members have extended voluntary oil production cuts of 2.2 million bpd into Q2 2024.

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Saudi Arabia sets oil and gas production limits
NEWS
Saudi Arabia - January 30, 2024

Saudi Aramco has received orders from the government to set its maximum sustainable capacity to 12 million bpd.

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Iraq signals it won’t freeze output
NEWS
Iraq - September 23, 2016

Minister of Oil Jabar Ali Al Luaibi in a statement on Thursday said Iraq aims to increase its production by more than 375,000 bopd, lending credence to the assumption…

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Excitement builds for Algiers meeting
NEWS
September 22, 2016

Encouraging comments by Iraq’s OPEC governor on Thursday and an alleged meeting between rivals Saudi Arabia and Iran in Vienna have led some to speculate that next…

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Iran keeps finger on oil trigger
NEWS
Iran - September 05, 2016

Iran can increase oil output by an additional 200,000 bopd, National Iranian Oil Company board member Mohsen Ghamsari said on Monday, raising the stakes ahead of the…

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Interview
Egypt - August 19, 2016

TOGY talks to Yasser Zahreddine, the general manager of Aramex Egypt, about the level of competition among logistics companies operating in Egypt and areas for growth…

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New Oman-Iran gas pipeline route
NEWS
Oman - August 11, 2016

Omani Minister of Oil and Gas Mohammed bin Hamad al Rumhy on Wednesday said the sultanate and Iran had decided to alter the route of the planned subsea gas pipeline…

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OPEC says bear market temporary
NEWS
August 08, 2016

The recent decline in oil prices is only “temporary” in nature, with an uptick in demand expected in the third and fourth quarters of 2016, Qatari Minister of…

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Eni drops into the red
NEWS
- July 29, 2016

Eni’s results over the first half of 2016 have swung to a loss, as the company’s results slid from a EUR 735 million profit to more than EUR 1.2 billion in losses.…

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