OPEC Supply Cuts: Oil Production 9% Lower than Agreed
Signatories to the OPEC non-OPEC supply cut agreement reduced production in July by 9% more than agreed, according to an official committee.
Algeria | Egypt Oil & Gas - Part 10
OPEC to Agree Oil Supply Monitoring Mechanism: Kuwait Minister
OPEC and non-OPEC petroleum producing countries will agree to introduce a mechanism for monitoring crude oil production before the end of 2018, Kuwaiti Oil Minister Bakheet Al-Rashidi stated.
Algeria Pens Gas Supply Deals with Spain, Italy
Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni.
Algeria’s Sonatrach Gets Management Overhaul
Algeria's Sonatrach has changed its senior leadership personnel in a bid to retain skilled workers within the state-run firm.
Algeria Raises Output from Alrar Gas Field
Output at the Algerian Alrar gas field near the Libyan border has risen from 16 million cubic meters per day (cm/d) to 24.7 cm/d - a 54.4% increase - after the field was extended.
Oil Falls 2% Ahead of OPEC Meeting
Oil prices fell on June 21 as producers prepared to discuss the lifting of production cuts at the biannual OPEC meeting on June 22 in Vienna.
Iran Rules Out Agreement at OPEC Meeting
The Iranian oil minister has stated that a deal on oil output at the June 22 OPEC meeting in Vienna is unlikely, setting the stage for a clash with Russia and Saudi Arabia, who are pushing to curb the current prod ...
Gas Natural Fenosa Extends Sonatrach Gas Deal to 2030
Spain’s Gas Natural Fenosa has signed an agreement with Algeria’s Sonatrach that will extend their gas purchase contracts until 2030.
Sonatrach Expands its Petrochemical Ventures
Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country's fuel imports and boosting revenue.
El Molla Meets Oil Ministers
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with several petroleum ministers on the sidelines of the 16th International Energy Forum, held in New Delhi from April 10th to April 12 ...
