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Algeria Overview

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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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Africa Energy Bank on track for $5-billion launch this year
NEWS
Multinational - March 27, 2024

The Africa Energy Bank, a fund created to address gaps in oil and gas project finance in Africa, is on track to begin operations…

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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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Energy watchdogs see increased oil demand in 2024
NEWS
Multinational - January 18, 2024

Both OPEC and the International Energy Agency (IEA) have forecast a rise in global oil consumption in 2024, Reuters reported on Thursday.

The IEA has raised its…

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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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