Algeria | Egypt Oil & Gas - Part 21

Algeria’s Renewable Energy Target is a ‘Utopia’

Algeria's renewable energy development program is "practically a utopia", the state-owned electricity and gas operator, Sonelgaz's CEO, Noureddine Bouterfa said.

BP, Statoil, Algerian Sonatrach, Launch In Salah Gas Production

BP and its joint venture partners Algerian Sonatrach and Norwegian Statoil have commenced production of gas from the In Salah Southern Fields (ISSF) project in Algeria.

Algeria to Launch Bids for Renewable Projects

Algeria will add 4,500 MW renewable power capacity by 2020, Energy Minister, Salah Khebri said, noting that a call for expression of interest for investors will be launched soon.

Jordan, Algeria in Talks over Energy Cooperation, LNG Imports

Jordan and Algeria discuss bilateral energy cooperation and prospects for importing liquefied natural gas from the North African nation.

Algerian Court Issues Jail Sentences in Sonatrach Case

A verdict was reached in the high-profile corruption trial of former executives at Algeria's state energy giant, Sonatrach. Six officials were handed between five to six years of jail sentences, including a former vi ...

Algeria Trade Deficit Widens amid Low Oil Prices

Algeria’s energy earnings dropped by nearly 41% in 2015, leading to a trade deficit of $13.71b – far from the $4.3b surplus of 2014, according to the Algerian Finance Ministry.

Petroceltic Thrown Lifeline by Creditors

Irish oil exploration company, Petroceltic, a firm with holdings in Algeria and Egypt, was given an extension to January 29th to repay its debts.

Algeria Adds 268MW of Solar Power in 2015

Algeria added 268MW of new solar photovoltaic (PV) capacity in 2015, according to the country’s renewable energy research institute (CDER).

Algeria, EU Prioritize Renewable Energy and Energy Efficiency

Algerian-EU energy cooperation scheme envisions new plans for development and investment in energy efficiency and renewable energy.

Algerian, British Ministers Discuss Energy Investment

Algeria's Energy Minister, Salah Khebri, and British Special Representative, Lord Richard Risby, held a bilateral meeting to discuss greater energy cooperation between the two countries.

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