Algeria | Egypt Oil & Gas - Part 25

Algeria’s Sonatrach Appoints Chief Executive

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.

Algerian LNG Shipment Expected to Arrive in Egypt

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 ...

Venezuela Teaming Up with Foreign Partners to Target US Market, Oil Prices

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 Bid to Cut Oil Output

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 Strikes Gas Discovery in Algeria

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 ...

Nigeria and Algeria Predict a Long Period of Low Oil Prices

Oil prices are likely to stay low for a long time after falling more than 40 percent in the past year, said officials from two OPEC nations.

Algeria Faces Leadership Vacuum Amid Oil Challenges

When Abdelaziz Bouteflika ran for a fourth term as Algeria’s president a year ago, the opposition cautioned that he would be too sick to govern.

African Oil Producers Seek to Cut Production

The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally.

Algeria Seeks Solidarity Betwen Crude Producers to Halt Price Decline

Algeria is seeking to coordinate a global response from oil-producing nations to tumbling prices, Algeria Press Service reported, citing Energy Minister Youcef Yousfi. Crude traded near a six-year low in New York on ...

Protests in Algeria Against Shale Gas Drilling

Thousands of Algerians demonstrated Saturday against plans to drill for shale gas in the south of the country.

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