Algeria | Egypt Oil & Gas - Part 19
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 power plants in the country’s largest industrial conglomerate, which is expected to increase production of house...
French Total Files Arbitration Against Algeria
The French oil major company, Total, has filed a request for arbitration against Algeria for changing profit sharing terms in oil and gas contracts in the mid 2000s, said company’s CEO, Patrick Pouyanne, reporte...
Sonatrach Foresees Rise in Algeria’s Oil Output
Algeria’s oil and fuel output is shifting again to progress after years of stagnation, helped partially by elevated production at the North African OPEC member’s present fields, said state power firm, Sonatrach, accor...
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, reported Reuters. Algeria’s President, Abdelaziz...
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 mo... Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine
In order to boost cooperation and allow more investments in the energy and mineral resources industry, Jordan signed multiple agreements with Algeria, Egypt, Palestine, officials said according to Ansamed. The agreeme...
Iran, Algeria to Establish Energy Cooperation
Algerian Industry and Mining Minister, Abdessalem Bouchouareb, announced that Algeria and Iran will launch a partnership project to assist the North African country in the field of energy efficiency, notably in the co...
