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ALGIERS- The Sonatrach Group announced, on Monday in a press release, the discovery of two gas discoveries by its own efforts and an oil discovery in partnership with the Italian group "Eni."

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ALGIERS-Algeria will increase its daily oil production by 16,000 barrels in August, said Thursday the Minister of Energy and Mines, Mohamed Arkab.

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ALGIERS- The minister of Energy and Mines, Mohamed Arkab, said Thursday that Algeria's oil production will increase to 1.039 Mbpd in July.

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ALGIERS- The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed at the 29th ministerial meeting, on Thursday, to increase oil production by 648,000 barrels per day (bpd) in July, the minister of Energy and Mines, Mohamed Arkab, said.

Published in Economy

ALGIERS- Sonatrach said Wednesday that the oil field of Hassi Bir Rekaiz, in the Berkine Basin, province of Ouargla (800-km southeast of Algiers), has started crude oil production.

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ALGIERS- The minister of Energy and Mines, Mohamed Arkab, said Thursday in Algiers that oil production in Algeria will increase by some 11,000 barrels per day (bpd) in June, in line with the decision of the 28th OPEC-non OPEC ministerial meeting, held by video link on Thursday.

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ALGIERS-The 28th OPEC and non-OPEC Ministerial Meeting held Thursday decided to increase oil production by 432,000 barrels per day in June. 

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ALGIERS-The year 2022 gets off to a good start for Sonatrach Group in terms of oil discoveries, CEO Toufik Hakkar said Friday.

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ALGIERS-The Minister of Energy and Mines, Mohamed Arkab received Tuesday the Secretary-General (SG) of the African Organization of Oil Producing Countries (APPO), Omar Farouk Ibrahim, with whom he discussed the role of Algeria in boosting energy and technology cooperation with member states.

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ALGIERS- Algeria's oil production will exceed next April one million barrels per day (bpd), up 10,000 bpd compared with March, the minister of Energy and Mines said Wednesday in Algiers.

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