Algeria is close to signing a deal with U.S. oil and gas giant Chevron Corp. as the OPEC member aims to increase natural gas exploration and production and remain a key supplier of the fuel to Europe.
State-run energy firm Sonatrach will ink the agreement to develop a large oil and gas field “within the next few days,” Energy Minister Mohamed Arkab said in an interview with state TV last week.
Before year-end, the country will also sign contracts with ExxonMobil Corp. to develop “very important fields that will make a very significant addition to the production of natural gas in Algeria,” he added.
Algeria is making headway in diversifying its economy beyond hydrocarbons, tripling non-oil exports to $5.1 billion in 2023, according
The Algerian Ministry of Higher Education and Scientific Research has decided to replace French with English at universities, starting in
BP has loaded its first LNG export cargo from Phase 1 of the Greater Tortue Ahmeyim (GTA) project offshore Mauritania
Bamako hosted the first Air Force chiefs' meeting of the Sahel States Alliance (Mali, Niger, Burkina Faso) from April
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