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NAAMA- Minister of Energy Mustapha Guitouni affirmed Saturday, in Naama, that the efforts are continuing to increase exploration and drilling capacities of new hydrocarbon basins and will extend to the country’s north and the sea.

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WASHINGTON- Minister of Energy Mustapha Guitouni said Wednesday in Washington that Algeria's new law on hydrocarbon will make investment in mining more attractive and adapted to the international context, while "preserving the country's economic interests."

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New law on hydrocarbons based on principles

Wednesday, 20 June 2018 08:36

ALGIERS-The development of the new law on hydrocarbons is based on principles and takes into consideration the “red lines” not to transgress, said a senior executive at the national oil company Sonatrach.

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ALGIERS- National Hydrocarbon company Sonatrach signed Monday, in Algiers, search and exploration agreement with Total (France) and Repsol (Spain) in the area of Tin Foye  Tabankort in Hassi Messaoud.

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ALGIERS- Oil and gas production has been virtually stabled in 2017 while consumption of energy increased, according to the ministry of energy.

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ALGIERS- The Council of Ministers on Tuesday adopted three presidential decrees on contracts for hydrocarbon exploration and exploitation, during a meeting chaired by President of the Republic Abdelaziz Bouteflika.

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ALGIERS – Algeria's huge hydrocarbons potential has continued to attract an increasing number of foreign partners, said Monday in Algiers the CEO of the national hydrocarbon group, Abdelmoumen Ould Kaddour.

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ORAN- Algeria's security and stability are key elements in the development of partnerships in the sector of hydrocarbons, said Wednesday in Oran (432-km west of Algiers) the CEO of the national hydrocarbons group SONATRACH, Abdelmoumen Ould Kaddour.

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ORAN- At least thirty-three oil and gas finds were made in 2017 under the agreements on exploration and exploitation between the national hydrocarbon company SONATRACH and the National Agency for Hydrocarbon Resources Development (ALNAFT), the Agency’s chairman of the management committee, Hocini Arezki, said Sunday in Oran (431-km west of Algiers).

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ALGIERS-Secretary-General of the Energy Ministry Fatma-Zohra Cherfi received Sunday in Algiers Deputy Minister of Energy and Mineral Resources Arcandra Tahar, with whom she discussed bilateral energy cooperation, notably Indonesia's supply of Algerian oil, the ministry said in a statement.

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