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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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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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Algeria ramps up production
NEWS
Algeria - July 19, 2016

North African <a href='https://theenergyyear.com/companies-institutions/opec/’>OPEC member Algeria has raised output by at least 75,000 over the past few…

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Total to take Algeria to court
NEWS
- July 04, 2016

French major Total is seeking arbitration against Algeria, company chief executive Patrick Pouyanné said over the weekend, citing failed talks with the government over…

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Saleh S. Abdali, the managing director of Oilibya, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years.
Interview
Egypt - May 10, 2016

Saleh 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…

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Algeria to raise oil products output
NEWS
Algeria - May 06, 2016

Algerian 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…

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Interview
Gabon - April 28, 2016

Societe Gabonaise de Raffinage (Sogara) director general Pierre Reteno N’Diaye talks to TOGY about the ageing infrastructure’s profitability and its role in…

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Statoil facility in Algeria attacked
NEWS
Algeria - March 18, 2016

Statoil 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…

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Algeria to boost pipeline capacity
NEWS
Algeria - March 08, 2016

Sonatrach, 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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