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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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Interview
Saudi Arabia - January 6, 2016

Raed Al Rayes, deputy chief executive and general manager of the Arab Petroleum Investments Corporation (APICORP), discusses investments for oil and gas industry…

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Indonesia looks downstream for way out
NEWS
Indonesia - November 05, 2015

Indonesia’s Pertmina plans to refine more of its domestic oil output, the state-owned integrated energy company said on Thursday. The move is seen as a part of an…

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Swiss-French gas line to fuel N. Europe
NEWS
France - October 14, 2015

Energy giant Engie is planning a pipeline link between France and Switzerland to allow gas from Azerbaijan, Algeria and Libya to flow to northern Europe via…

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Interview
Qatar - September 24, 2015

Gas Exporting Countries Forum (GECF) Secretary-General Seyed Mohammad Hossein Adeli discusses the shifting landscape of global natural gas markets and the impact on…

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ENOC secures Dragon Oil takeover
NEWS
Abu Dhabi - August 21, 2015

The Emirates National Oil Company (ENOC) has moved into the final stage of acquiring full ownership of Dragon Oil. ENOC has gained approval to purchase at least 90.1…

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E.ON to sell North Sea, Algeria assets
NEWS
UK - June 24, 2015

International energy supply company E.ON will reportedly put its North Sea and Algerian assets up for sale within weeks.

Citing sources in the banking industry,…

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Sinopec to drill 24 wells in Algeria
NEWS
Algeria - April 27, 2015

China’s Sinopec International Petroleum Service has gained a contract to drill development wells at the Ain Tsila gas and condensate field, onshore Algeria.

The…

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Repsol strikes gas onshore in Algeria
NEWS
Algeria - April 21, 2015

Repsol has made a new onshore natural gas discovery in Algeria, the Spanish company announced on Monday.
The Tan Emellel Sud-Ouest-2 exploration well was drilled to a…

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Venezuela proposes OPEC oil-blending
NEWS
Venezuela - April 20, 2015

In a bid to compete with growing supplies of North American oil and gas, Venezuela has proposed a plan under which its heavy crude would be blended with lighter oil…

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