Algeria

Russian state firm Gazprom plans to only develop two of the four gas-condensate fields discovered in a nine-well 2009-16...

Algeria’s state petroleum firm Sonatrach and France’s Total have finalized their Sonatrach Total Entreprise Polymères (STEP) JV to develop...

Algeria plans to cut spending in 2019 in a modest reversal of 2018, when a blowout budget was planned but in reality spending undershot. Algiers is no closer to ending a run of budget deficits stretching back to 2009; it would need an improbable $88/B to balance its 2019 finances with the budget anticipating a $17.4bn deficit.

French utility firm Electricite de France (EDF) is looking to raise around $2bn from the sale of the upstream...

Algeria cut its 2018 trade deficit to $5bn with an oil products deal. With output down, exports down, and oil prices falling, this may be as good as it gets.

Algeria’s 4.5bcm/y (435mn cfd) Touat gas project looks set to deliver first commercial output early in the new year....

Spain’s Repsol, the UK’s BP and Italy’s Eni all have key acreage on both sides of Algeria’s border with Libya, as does Algerian state firm Sonatrach.

US independent Anadarko is the largest foreign oil producer in Algeria. It’s fields in the Berkine Basin – El...

Eni and Total have signed offshore exploration agreements with Algeria’s Sonatrach, paving the way for the first offshore drilling in more than 40 years.

Total made landmark agreements to expand its petchems footprint in the Mena region this week with Saudi Arabia and Algeria.

Abu Dhabi’s broad, some would say unwieldy, portfolio of oil firms includes Spain-based Cepsa. State investment firm Mubadala is looking to sell 25%.

Freshly-released August data for South Korean crude and condensate imports show a collapse in volumes from Iran. Korea took...