First Independent Mena Newspaper
Algeria is to reopen the major gas plant Tiguentourine after foreign investors and firms operating at the plant negotiated a deal with the Algerian government to resume work. British Petroleum and Statoil workers are about to return to their previous workplace, which they left after the terrorist attack on January 13 last year. The attack […]
Spain’s oil company Repsol has discovered lately gas in the Illizi basin, in the south east of Algeria. The discovery was made during an exploration campaign launched in 2011 at the Tihalatine South-1 well in the Sud-Est Illize block. A consortium led by Repsol won in 2010an exploration license to dig for oil and gas […]
The Algerian government is planning to invest over $ 24 billion between 2012 and 2016 to enhance electricity production and distribution in the North African country experiencing power shortage and outages that have affected lately business and households. Many Algerians were angry over the frequently power cuts in the oil & natural gas producing country. […]