Iran, Opec's third largest producer, has confirmed it will participate in the upcoming Opec meeting in Algeria next month, an Opec source said on Tuesday.
Opec members will meet on the sidelines of the International Energy For
Saudi Arabia will work with Opec and non-Opec members to help stabilise oil markets, it said on Thursday a month ahead of an informal meeting of major producing countries in Algeria.
Members of the Organization of the Petroleum Ex
Oman will not participate in a meeting of oil producers and consumers in Algeria next month as it is disappointed by the group's failure to address the issue of low oil prices, Minister of Oil and Gas Mohammad bin Hamad al-Rumhy said.
Algeria's Tiguentourine gas plant is ready to come fully back online for the first time since a deadly militant attack in 2013, general manager Kamel Aoues said on Saturday.
"Full production is for the coming days, all te
Opec member Algeria's trade deficit widened to $10.83 billion in the first six months of 2016, 27.2 percent more than in the same period last year due to a fall in energy earnings as oil prices tumbled, data showed on Wednesday.
Ooredoo, a leading international telecommunications company based in Qatar, has completed the pre-launch phase for 4G mobile in Algeria, becoming the first operator in the country to provide the superfast Internet service.
Algeria has boosted output in recent months at two major oil fields, including the Hassi Messaoud field, an oil official said, as the Opec member strives to maximise production to make up for lost revenue.
French oil major Total has filed a request for arbitration against Algeria for changing profit-sharing terms on oil and gas contracts in the mid-2000s, chief executive Patrick Pouyanne said on Saturday.
"We tried as always to
Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African Opec member's existing fields, state energy company Sonatrach said on Sunday.
Algerian authorities have temporarily blocked access to Facebook, Twitter and other social media sites to try to stop cheats posting high school exam papers online, state media reported on Sunday.
Tens of thousands of high school