Tag: Algerian
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Investment in the Algerian energy sector attracts a Saudi company
The Algerian energy sector continues to attract foreign investments and the attention of regional and international companies, especially operating in the oil, gas, petrochemical and fuel sectors, with the aim of establishing joint investment projects, given the promising opportunities that this sector provides that predict huge investments that generate returns that energy companies are looking…
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The price of a barrel of Algerian oil is down 21% in 3 months
A recent report revealed that the price of a barrel of Algerian oil declined by about 21% during the first quarter of this year (2023), affected by fears of a global economic recession that may affect demand. A report by the Organization of Arab Petroleum Exporting Countries (OAPEC) on the global oil situation in the…
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The largest corruption case in the Algerian energy sector pushes Sonatrach to new rules
The largest corruption case in the Algerian energy sector prompted the Sonatrach group to define its plan to combat manifestations of corruption practices and bribery transactions, phenomena that toppled several officials in this sector, including ministers, general managers, and others, whose cases are still being discussed in the corridors of the courts. In order to…
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An expected jump for Algerian liquefied gas exports with the support of the port of Skikda (photos)
Algerian liquefied gas exports are expected to witness a jump during the coming period, with the near completion of the Skikda oil port expansion project, which works to achieve the country’s strategic goals to increase hydrocarbon exports. In this context, the director of the Sonatrach complex, Toufik Hakkar, paid a working visit and inspected the…
