Algeria Proposes Energy Tax Reforms to Increase Investment
Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves.
Algeria | Egypt Oil & Gas - Part 11
Algeria Looks to Purchase Refinery Abroad
About 11.5 million tons of fuel are currently refined in Algeria; however, annual consumption reached 15 million tons in 2017.
Egypt, Algeria Discuss Petroleum Cooperation
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with the Algerian Minister of Energy.
Vitol to Refine Algerian Oil
Vitol would receive around 2 million barrels per month of Algeria’s light crude oil and would send it back as gasoline and gasoil until the end of 2018.
Algeria, Libya to Co-Manage Oil Fields on Borders
Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders.
Algeria’s Sonatrach Considers Investing in Iraq’s Oil, Gas
Algerian state-owned energy firm Sonatrach is considering possible investments in oil exploration and natural gas projects in Iraq, Iraqi Oil Ministry announced on January 7th.
Petrojet Completes Base at Algeria’s North Rejan
Petrojet completed a permanent residence and security camp at Algeria's North Rejan natural gas field.
Reggane Nord Starts Production
Production has begun at Algeria’s Reggane Nord natural gas field.
DEA, Sonatrach Sign MoU
Sonatrach signed a memorandum of understanding (MoU) with DEA Deutsche Erdoel AG to provide a framework for DEA to operate in Algeria.
Algeria’s Energy Revenues up 17% this Year
Algeria’s energy revenues this year continue to outpace last year’s revenues and are up 17% through October.
