Tag: oil & gas

Fearing Russian retribution, Algeria backpedals on gas supply promise to Europe

March 1, 2022

CEO of Algeria’s oil and gas company Sonatrach Toufiq Hakkar said on Feb 27 his country was ready to tap the potential of a 10 ... Read More

Algeria should brace for end of oil

September 9, 2019

As pro-democracy protests continue to rattle the Algerian regime, Algeria marches ahead to an economic disaster as domestic energy consumptions nears levels of gas and ... Read More

Oil & gas: Congo to become Africa’s third largest producer

August 16, 2019

There is new hope for the oil industry in Congo as the recent onshore discovery made in the Delta de la Cuvette indicates that the ... Read More

Oil & gas: South Sudan, Kenya seek to boost cooperation

August 9, 2019

South Sudan and Kenya seek to boost their cooperation in the oil sector.   To this end, South Sudan petroleum minister Daniel Awow Chuang, and ... Read More

Egypt Eyes $10 bln Foreign Investment in Oil, Gas

April 23, 2018

Egypt is expecting foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year, Petroleum Minister Tarek El ... Read More

Exxon Mobil Taps into Mauritania’s Offshore Oil & Gas

December 6, 2017

Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” ... Read More

Sound Energy Confirms Success of Second Onshore Discovery in Eastern Morocco

November 26, 2016

After making a significant onshore gas discovery in Tendrara in Morocco’s north east, Sound Energy confirms the success of a second TE-7 gas well lying ... Read More

Morocco on the Global Gas Map by 2019

October 14, 2016

Morocco is on track to becoming a player in the gas market following the successful drilling of the Tendrara wells, east of the country, which ... Read More

Total Challenges Algeria in International Court of Arbitration

July 13, 2016

French oil company Total has taken its dispute with Algerian authorities to the International Court of Arbitration, via the International Chamber of Commerce in Geneva. ... Read More

Does Algeria Need Nuke Power Plant?

March 8, 2016

Algeria, member of the OPEC Cartel and a major oil & gas producer in the region, has raised regional and international concerns when it announced ... Read More