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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TotalEnergies and Sonatrach have signed an MoU for the development of gas resources in Algeria's Timimoun region.
READ MOREThe Africa Energy Bank, a fund created to address gaps in oil and gas project finance in Africa, is on track to begin operations…
READ MOREThe government of Algeria has unveiled the winners of two solar PV tenders totalling 3 GW.
READ MORESeveral OPEC+ members have extended voluntary oil production cuts of 2.2 million bpd into Q2 2024.
READ MORESaudi Aramco has received orders from the government to set its maximum sustainable capacity to 12 million bpd.
READ MOREBoth 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…
READ MOREEni’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.…
READ MOREIndonesia’s Pertamina produced 305,000 bopd during the first six months of 2016, the company said late on Tuesday, up around 11% year-on-year.
Pertamina…
READ MORENorth African <a href='https://theenergyyear.com/companies-institutions/opec/’>OPEC member Algeria has raised output by at least 75,000 over the past few…
READ MOREFrench major Total is seeking arbitration against Algeria, company chief executive Patrick Pouyanné said over the weekend, citing failed talks with the government over…
READ MORESaleh S. Abdali, the managing director of Libya Oil, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years. Libya Oil…
READ MOREAlgerian Minister of Energy and Mining Salah Khebri on late on Thursday said his country is targeting a 15-million tonne increase in annual refined products production…
READ MORESociete Gabonaise de Raffinage (Sogara) director general Pierre Reteno N’Diaye talks to TOGY about the ageing infrastructure’s profitability and its role in…
READ MOREStatoil reported an attack on its Krechba gas asset in Algeria on Friday morning. The asset is part of the In Salah project, jointly operated by BP, state-owned…
READ MORESonatrach, Algeria’s government-owned oil and gas company, has said it would invest around USD 3.2 billion in pipelines and related infrastructure over the next four…
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