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 […]
Following the hostage situation in Algeria, analysts fear that oil and gas future investments are dominated by uncertainty due to fears that investors will be unwilling to venture into its Sahara desert. Some believe that investments won’t be affected because the resources will be too tempting for companies to ignore. Alison Lyall, a security analyst […]
At least eight foreigners, including Britons, Norwegian and Japanese nationals were seized Wednesday in Algeria by Islamist militants in an attack on an oil facility in the south-eastern region of the North African country. The terror attack, which targeted a BP gas plant in the town of In Amenas (near the Libyan border), also claimed […]