Algeria | Egypt Oil & Gas - Part 24
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 i...
Italy to Discuss Energy Business in North Africa
Italian Economic Development Minister Federica Guidi is in a business mission in North Africa. First she will visit Algiers where is planning a series of institutional meetings with major offices in the country includ...
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. Bank of Algeria Governor Mohamed Laksaci was quoted by the APS news age...
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. Crucially, these will be the final five days of official negotiations to prepare for the much-anti...
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 according to Reuters...
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. “Th...
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, reported Bloomberg. Algeria is the largest member of OPEC by territory, and its government has faced signif... 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. This was in an historic attempt... 
