Tuesday 21 February 2017
 
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Algeria

Turkish Airlines to launch Antalya-Algeria flights

Turkish Airlines, the national carrier, is set to launch flights between Antalya and Algeria in July, offering passengers further connectivity across its destination network. The thrice-weekly routes will be served by a Boeing 737

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Focus on oil and gas productivity at Algeria event

Major players in the North African oil and gas industry will take part in the 7th North Africa Petroleum Exhibition & Conferences (Napec) to be held in March in Oran, Algeria. The event, from March 21 to 24, is set to foc

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Algeria invites global bids for $6bn petchem plants

Algeria’s state energy firm Sonatrach has called on international engineering firms to bid on four major petrochemical plants worth a total of up to $6 billion, a report said. The firms selected will carry out construction w

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Algeria invites global bids for $6bn petchem plants

Algeria’s state energy firm Sonatrach has called on international engineering firms to bid on four major petrochemical plants worth a total of up to $6 billion, a report said. The firms selected will carry out construction w

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Jereh ships five sets of compressor units to Algeria

China-based Jereh, a leading oil and gas company specialised in oil and gas EPC services, has announced that, for the first time, five sets of its compressor units have been shipped to Algeria. The deal is of great significance fo

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Oil rises amid volatility as Opec meets

Oil rallied on Monday as the world's largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility to its highest since exporters met in April. Scepticism about any deal bei

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Algeria plans bank privatisations

Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. The plan will

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Oil rebounds after Algeria says all options open

Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of Opec producers. That came after prices

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Iran will back move to stabilise oil market: Rouhani

Iran's President Hassan Rouhani said Tehran supports any move to stabilise the global oil market and lift prices, the Iranian oil ministry news agency Shana quoted him as saying on Sunday. "Instability and falling oil pri

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Algeria sees consensus on need to steady oil price

Algeria's energy minister says there is a consensus among OPEC and non-OPEC members about the need to stabilise the oil market to support prices, state news agency APS reported. Noureddine Bouterfa was speaking after meeting h

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