First Independent Mena Newspaper
Algeria’s Energy and Mines Minister, Youcef Yousfi, held a closed door meeting with Eni’s Chief Executive Officer, Paolo Scaroni, to discuss the Italian company’s ongoing projects and possible future projects to be done in the country. The meeting, which was held in the capital, was also an opportunity for the company to elaborate more on […]
An Algerian delegation headed by the Minister of Industry, SME and Investment Promotion Cherif Rahmani has met with members of the Confindustria, the Italian employers’ association, to discuss investments opportunities offered by Algiers. During the meeting in Rome, Algeria presented the privileges offered to foreign investors, the government’s plan to develop renewable energy and the […]
Several agreements have been signed between Algeria and Qatar. The agreements concern energy, mining, industry and technologies and will be creating thousands of jobs in Algeria. The Bellara steel plant project for the production and the marketing of four million tons of steel products per annum is one of the agreements which will be launched […]
Britain which is seeking to reduce its dependency on Qatar for gas imports is said to be eying Algeria as its next supply market, while the North African country is looking for investments in its oil and gas sector to boost revenue, potentially dented by the In Amenas gas plant attack. The visit of the […]
A study led by Nottingham Trent University’s School of Architecture, Design and the Built Environment found that Libya could generate enough renewable power to meet its own demand and a “significant part of the world energy demand by exporting electricity”. The study declared that Libya has an average daily solar radiation rate of about 7.1 […]
A deal worth €250 million has concluded between Alstom SA and General Electricity Company of Libya (GECOL) to boost Libya’s energy and power supply capacity. The French based company which focuses on the manufacturing of power equipment and trains will be supplying the Libyan general electricity company with equipments for 11 gas turbines. These new […]
The United States seeks to promote growth in North Africa through increasing regional integration and expanding trade relations, said U.S. assistant secretary for economic & business affairs, Jose Fernandez. In his opening keynote address at the U.S.-Morocco Business conference held Tuesday in Washington, Mr. Feznandez stressed the importance of North Africa for the U.S. administration […]
Bejaia will be home to an oil terminal in 2015 destined to play a major role in the maritime area of Sidi Ali Lebhar according to the CEO of the Bejaia port company, Djelloul Achour. The project has obtained the Ministry of Energy and Mines approval and has been undertaken by Laboratory of Maritime Studies […]
France is looking forward to increasing its presence in Tunisia as a delegation from the Movement of French enterprises (MEDEF) heads for a two day visit beginning on Wednesday. The delegation of more than a hundred enterprises among them the president of the Chamber of Commerce and Industry International is headed by Jean Burelle, president […]
Algeria is expected to invest US$71 billion in the energy sector over the five coming years, becoming thus the third largest investor in the sector in the MENA (Middle East and North Africa) region. According to a report released earlier this week by the Arab Petroleum Investments Corporation (APICORP), with its USD 71 billion worth […]