Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.
Algeria's oil and natural gas output fell by 6 percent in the first quarter of 2015 from a year earlier despite an increase in investment, state radio reported on Wednesday citing the energy ministry.
The European Commission is preparing a ‘diplomatic energy action plan’ to diversify the EU’s natural gas supply sources, with plans for tapping Algeria’s huge unexploited reserves, and a comprehensive LNG strategy du ...
Algeria's state energy firm Sonatrach has named Amine Mazouzi as its new chief executive to replace interim chief Said Sahnoun, who had been appointed less than a year ago, according to two industry sources on Sunday.
A 3 billion cubic meter liquefied natural gas shipment from Sonatrach natural gas Algerian company will arrive in Egypt by next week via Ain Sokhna port, Khalid Abdul Badi Chairman of the Egyptian Natural Gas Holding ...
Algeria's Sonatrach and Venezuela's PDVSA would target the US as a market for the two countries' potential new blend of crude oil, a source at the state-owned Algeria company said Monday
Mexico supports Algeria's initiative to encourage dialogue between OPEC and non-OPEC countries in a bid to begin collective action that would help stabilize oil markets through a coordinated production cut, Algerian ...
Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria. The discovery in Tan Emellel Sud-Ouest-2 (TESO-2) exploration well in the Sud-Est Illizi block is the continuation of an alrea ...