Algeria | Egypt Oil & Gas - Part 23

Algeria Postpones Major Bid Round, Oil Prices Blamed

A senior Algerian energy official told Reuters that his country had cancelled a planned bid round for oil and gas exploration rights, due to low oil prices.

Sonatrach to Strengthen Algeria’s Position in Energy and Gas Markets

Sonatrach CEO Amine Mazouzi said in Oran the group's medium-term development program (2015-2019) aims to strengthen the position of Algeria on the international energy and gas markets and meet the needs of the intern ...

Italy to Discuss Energy Business in North Africa

Italian Economic Development Minister Federica Guidi is in a business mission in North Africa where a series of institutional meetings are planned.

Weak Oil Prices Harm Algerian Forex Reserves

Algeria's foreign exchange reserves fell 11.1% in the first six months of 2015 as a result of weaker oil prices, the central bank informed. The government is planning to raise taxes on diesel, 3G internet, and electr ...

Lack of Progress on a Deal to Combat Climate Change

Frustration is growing amongst diplomats wrangling over their own lack of progress on a deal to combat climate change.

Algeria to Raise Gas Output by 13% by 2019

Algeria plans to increase natural gas output by 13% by 2019 to reverse a decline in energy production in recent years that has hit its export earnings and spending policy, the energy ministry said

Algeria Trying to Move OPEC and Other Oil Producers to Control Prices

Informed sources told the Wall Street Journal that Algerian Oil Minister Salah Khebri had written to OPEC warning that a new drop in oil prices may warrant fresh discussions over the organization's strategy.

Algeria Calls for Non-OPEC Members to Cut Production Rates

The Algerian energy minister stated that non-OPEC nations need to help to stabilize international oil prices,

Algerian Inducements for Petroleum and Shale Investments, Legal Reforms on Books

According to a US Energy International Administration press release the Algerian government is amending its foreign investment laws in hydrocarbons to attract investment and technology.

Algeria Increases Oil Production by 32,000 b/d

OPEC member Algeria has increased crude oil output by 32,000 barrels per day after starting production at two fields, an energy ministry official said on Sunday.

Page 23 of 26

Lost Password