Eni, Snam Form Gas Pipeline Partnership
Eni company announced that it has signed agreement with Snam to sell 49.9% stake in the its subsidiaries which are operating TTPC and TMPC gas pipelines connecting Algeria to Italy.
Algeria | Egypt Oil & Gas - Part 3
Alegria Plans to Boost Oil& Gas Investments by $2.6 billion in 2022
The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022.
Eni, Sonatrach cooperate to Produce Hydrogen in Algeria
Eni and Sonatrach are working together to produce hydrogen using renewable-generated electricity.
Sonatrach, Equinor Signs MoU for E&P in Algeria
Sontarach company announced the signature of a Memorandum of Understanding (MoU) with its Norwegian partner Equinor company to find cooperation opportunities in the fields of exploration and production (E&P) of hy ...
Sonatrach’s Refinery Operations Jump 7.4% in 2020
Sonatrach company announced that it has recorded increase in its refinery operations by 7.4% during 2020, reaching 27.2 million tons compared to 29.1 million tons in 2019.
Algeria’s Gas Exports to Spain Jumps to 9.6 bcf in 2020
Algeria’s natural gas exports to Spain recorded 9.6 billion cubic feet (bcf) during 2020, representing 29% from the market stake to become the first supplier of natural gas for Spain,
Sonatrach-led Consortium Signs Partnership Protocol for Berkine Concession
Sontrach company stated that it has signed cooperation protocol with companies of Eni, Occidental and Total for partnership in blocks 404 and 208 at Berkine Concession.
SONATRACH Affirms its Support for Reforestation Programs
SONATRACH Company reaffirmed its support for the reforestation and forest protection program.
Egypt Participates in OAPEC Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has participated in the Organization of Arab Petroleum Exporting Company (OAPEC) virtual meeting via video conference launched from Kuwait.
OPEC Mulls Deeper Output Cuts in 2021
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are looking into the possibility of further cuts early next year in an effort to try and revitalize the oil market.
