Algeria | Egypt Oil & Gas - Part 18

Algeria’s Forex Expected to Drop to $116b by end 2016

Low crude prices have hit Algeria’s foreign exchange reserves forcing the government to make further cuts in spending.

Algeria Orders Nine GE’s Jenbacker Gas Engines for Power Generation

Algeria has purchased nine General Electric's Jenbacher gas engines to provide power for two of its plants in the country's largest industrial conglomerate in attempts to increase production of household appliances.

French Total Files Arbitration Against Algeria

French oil major Total had filed a request for arbitration against Algeria for changing profit sharing terms in oil and gas contracts in the mid 2000s. The Algerian national oil company Sonatrach said in a statement ...

Sonatrach Foresees Rise in Algeria’s Oil Output

Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African OPEC member's existing fields.

Algeria’s President Replaces Energy Minister

Algeria's Energy Minister, Salah Khebri, has been replaced, after a year in office, by the Head of the state power company, Sonelgaz, Noureddine Boutarfa. Algeria's President, Abdelaziz Bouteflika, organized a surpr ...

Algerian Central Bank Governor Fired Following Oil Price Drop

After more than a decade as Algeria's Central Bank Governor, Mohammed Laksaci has been fired by President Abdelaziz Bouteflika apparently over his management of fall-out from the 2014-2015 global oil price drop.

Algeria, EU Pledge Action on Improving Investments

On the backdrop of the very first EU-Algeria Energy Business Forum, European Union officials and energy firms urged Algeria to adapt to more competitive energy markets so as to attract the investment needed to pump m ...

Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine

Jordan signed multiple agreements with Algeria, Egypt, Palestine on energy investment and mineral resources exploration on hope of boosting co-operation in the growing sectors.

Iran, Algeria to Establish Energy Cooperation

Algeria and Iran will launch a partnership project in the field of energy efficiency, notably in the conversion of vehicles to run on compressed natural gas (CNG).

Algeria Awards $40m LPG Vessel Deal to China

Algeria's Sonatrach has awarded a $40m deal to two Chinese firms to deliver a liquefied petroleum gas (LPG) carrier and a second vessel.

Page 18 of 26

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password