Saturday 20 December 2014
 
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Algeria

Algeria plans oil and gas bidding round by Q3 2015

Algeria will open a new round of bidding for investment in its oil and gas fields by the third quarter of 2015 and may improve the terms for companies, the head of state energy company Sonatrach said.

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Turkey says in talks with Algeria on oil purchases

Turkish Energy Minister Taner Yildiz said Turkey was in talks on purchasing oil products and crude oil from Algeria.   Speaking at a news conference in Istanbul with his Alge

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Algeria's Sonatrach maps out plan to boost output

Algerian state energy company Sonatrach plans to intensify exploration by drilling 125 wells a year with a target of increasing production to 225 million tonnes of oil equivalent by 2019, it said.   The North Afr

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Egypt to import 6 LNG cargoes from Algeria

Egypt will import six cargoes of liquefied natural gas from Algeria between April and September next year, the oil ministry said on Thursday, helping to ease an energy crunch that has plunged the country into repeated blackouts this year.

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Elaf Group to participate in key exhibitions

The Elaf Group of Companies, a leading travel and tourism group, has revealed its move to expand its presence in the Middle East region through the promotion of its key products and services at the Egyptian and Algerian editions of the Arab Inte

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Renault opens new plant in Algeria at $62m

French carmaker Renault opened its first plant in Algeria on Monday at a cost of €50 million ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000

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Algeria oil cargo partially unloads in Venezuela, sails to St Eeustatius

The tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius, where it will deliver the rest of its content, according to Reuters ve

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Algeria to hold oil and gas auction within weeks

Algeria is preparing a new auction of oil and gas blocks, an official said, after the North African country awarded just four of 31 fields last month in the first attempt to lure foreign investors since 2011.  

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French tourists avoid Tunisia after beheading in Algeria

Tunisia lost about a third of its French tourist bookings to cancellation shortly after the beheading last month of a French traveller by Islamist militants in neighbouring Algeria, the country's tourism minister said. Increas

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Algeria awards four of 31 oil, gas fields in auction

Algeria awarded four of 31 oil and gas field blocks on offer to foreign consortiums in its first energy auction since 2011 and nearly two years after a militant attack on the country's Amenas gas plant killed 39 foreign oil contractors.

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