Algeria

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...

Algeria’s state petroleum firm Sonatrach has provisionally awarded Italy’s Tecnimont a $248mn EPC contract for a fourth LPG train...

Algeria’s key 4.5bcm/y Touat gas project has been pushed back to 2019, putting paid to the country’s hopes of a substantial 2018 hike to gas output.

UK-based services firm Petrofac has received a “provisional letter of award” for a $600mn EPC contract with Algerian state...

Algeria is on track for a $4.2bn trade deficit for 2018, down 60% from 2017. But this is only thanks to higher oil prices. Export volumes of both oil and gas are down.