ALGIERS- Minister of Energy and Mining, Mohamed Arkab, stressed Sunday in Algiers the need to pursue efforts with a view to renewing hydrocarbons reserves and increasing production, said the ministry in a communiqué.

HASSI R'MEL (LAGHOUAT)- Prime Minister Abdelaziz Djerad started Wednesday a visit to Hassi R'Mel, province of Laghouat (400-km south of Algiers), as part of the celebration of the 50th anniversary of the nationalization of hydrocarbons and the 65th anniversary of the creation of the General Union of Algerian Workers.

ALGIERS- The new law on hydrocarbons, adopted in 2019 but not implemented yet, will help make new discoveries, said Tuesday Director of Regulation and Legal Studies at the Ministry of Energy, Amirali Amir.

ALGIERS- The government examined Wednesday two draft executive decrees relating to hydrocarbons tax revenues (TRP), besides tax on remuneration of foreign contracting partners, said the Prime Minister’s office.     

ALGIERS- National oil company Sonatrach and international oil and gas company OMV signed a memorandum of understanding (MoU) to engage in discussions in order to identify possibilities for both sides to invest jointly in exploration, development and production operations of hydrocarbons in Algeria, said Thursday a communiqué of Sonatrach.

ALGIERS-  The Sonatrach Group and the Russian company Lukoil, have signed a memorandum of understanding (MoU) to initiate talks with a view to identifying the possibilities for the two parties to invest jointly in the exploration and production operations in Algeria, said a statement from Sonatrach on Monday.

ALGIERS- The National Hydrocarbon Company Sonatrach has signed two Memoranda of Understanding (MoUs) with the Russian company Zarubezhneft and Turkish company Turkiye Petrolleri Anonim Ortakliôi (TPAO), it announced in a communiqué.

ALGIERS- The national oil company SONATRACH successfully commissioned the GR7 pipeline linking El Menia (Adrar) and Hassi R'mel (Laghouat), a company statement said on Saturday.

ALGIERS- The fire that broke out at the oil well MD244 in Hassi Messaoud, Ouargla (800-km southeast of Algiers), is completely contained, state-owned oil and gas group Sonatrach said Friday in a statement, adding that no loss of life has been reported.

ALGIERS – A new mining title for hydrocarbon exploration and/ or exploitation activities has been awarded to the National Agency for the Development of Hydrocarbon Resources (ALNAFT), under a presidential decree published in the Official Journal N12.