Algeria Approves New Energy Law
Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).
Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).
Algeria’s Sonatrach has kept the official selling price of its Saharan blend crude for November loadings the same as it was a month earlier.
Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector.
The announcement came a week after Sonatrach sat with Chevron Corp., to confer energy collaboration, as the energy producer said it seeks boosting its output and increasing its revenues.
Sonatrach and Chevron Corporation are reportedly discussing possible partnerships.
Neptune Energy and Sonatrach announced first gas export production from the Touat gas development in Algeria.
Italy’s Enel has reached an agreement with Algeria’s Sonatrach to extend the natural gas supply contract.
It could take the Algerian government months to take its final decision on whether it will allow Total to take over Anadarko assets in the country.
The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise
Sonatrach and Cepsa awarded KBR a contract to provide basic engineering design (BED) and front-end engineering design (FEED) for Algeria’s Rhoude el Krouf Field (RKF) redevelopment project.