Sonatrach’s dispute with Petroceltic heading towards a disaster outcome for the state oil and gas company.
The upcoming arbitration process relating to the expropriation of Petroceltic from AinTsila asset is opening Sonatrach to multibillion USD liability…
Italy’s cash-strapped Saipem to set aside $218 mln for Algeria fine
MILAN, Feb 15 (Reuters) – Cash-strapped Italian energy services group Saipem said on Tuesday it had set aside 192 million euros ($218…
Justice: Verdict of former Energy Minister Chakib Khelil pronounced
ALGIERS- The judge of the economic and financial criminal pole of the tribunal of Sidi M’hamed (Algiers) pronounced, on Monday,…
Algerian aggressive resource nationalism and cosy relationship with China and Russia is a serious threat to Western oil gas companies
A threat of secretively approved expropriations by powers in Algeria may spell doom for the long-embattled foreign investors holding concession…
Energy Minister participates in first ministerial round table on energy, climate, sustainable development
ALGIERS- Minister of Energy and Mines, Mohamed Arkab, will participate, Monday, through videoconference, in the work of the first ministerial…
Algeria Energy Minister receives Equinor CEO
ALGIERS- Energy and Mines Minister, Mohamed Arkab, received, in Algiers, a delegation of the Norwegian petroleum company EQUINOR headed by…
Sonatrach: Production, filling line for motor oil cans renewed at Arzew refinery
ALGIERS- The CEO of Sonatrach, Toufik Hakkar, supervised, Tuesday, the ceremony of entry into service of the production and filling…
Sonatrach forecasts 33 billion USD in revenues for 2021
ALGIERS- The National oil group Sonatrach forecasts revenue of between 30 and 33 billion USD for the year 2021, said…
El Mouggar Exhibition: 100-plus economic operators in Tindouf
ALGIERS- More than one hundred national and foreign economic operators are attending the 10th edition of the international exhibition “El-Mouggar”…
Council of Ministers approves government action plan: Several reforms in order to achieve economic recovery
ALGIERS- The government’s action plan, which was approved by the Council of Ministers at an extraordinary meeting chaired, Monday, by…
