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One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
Eni. Sonatrach Sign Agreement to Strengthen Gas Sector in Algeria
Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.
Read More »Next OPEC Meeting Set for Late Sept in Algiers
The meeting will allow OPEC members to discuss ways to maintain oil market stability.
Read More »Algeria to Raise Oil Output by August
OPEC and non-OPEC countries decided in late 2016 to cut output by 1.8 million barrels per day to boost oil prices.
Read More »Algeria Warns Saudi Arabia. Russia against Increasing Oil Output
Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.
Read More »Malaysian Oil Company Sapura Plans $750 Million IPO
Since July last year crude oil prices have gained 56%.
Read More »OPEC Deal to Raise Oil Production will Control Prices`
OPEC agreed to a modest rise in oil production from next month.
Read More »Total Extends Algeria Gas Exploration Contract
In 2017. Total produced 15.000 barrels of oil equivalent per day (boe d) in Algeria.
Read More »Sonatrach Aims to be Ranked among World`s Biggest Oil and Gas Groups
Sonatrach seeks to rank among the top five oil companies in the world.
Read More »Sonatrach Boost Cooperation with Exxon Mobil on Shale Gas
Sonatrach will boost discoveries to reach 100 million tonnes of oil equivalent per year.
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