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.
The European Parliament voted on Wednesday to include Algeria on the European Union’s list of jurisdictions considered high-risk for
President Donald Trump on Wednesday sent tariff letters to seven smaller U.S. trading partners, including Algeria, Libya, and Iraq,
BP and Shell have signed fresh agreements with Libya’s National Oil Corporation, marking a major step in the return
The family of Christophe Gleizes, a freelance French sports journalist sentenced last week to seven years in an Algerian prison,
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