Analysts say this may have encouraged European buyers to hold off on purchases of the Algerian oil in hopes of weaker price differentials, which prompted dealers to seek alternative buyers.

Oil and gas cooperation remains a bright spot in the partnership between Vietnam and Algeria, with the joint exploration and ...

PVEP aims to deepen ties with its partners to speed up new contract packages and tap new wells in the second phase, targeting ...

Algeria exports 540,000 b/d of its total production of about 1.1 million b/d. However, crude oil and natural gas production have gradually declined in recent years, mainly because of repeated project ...

Sinopec has been present in Algeria since 2002 and operates the Zarzaitine field. Besides oil and gas exploration, Sinopec has started the second phase of its rural well-drilling project in Senegal.

Vietnamese Ambassador to Algeria Tran Quoc Khanh has paid a working trip to Touggourt and Ouargla provinces to enhance ...

Sinopec has been present in Algeria since 2002 and operates with Sonatrach on Zarzaitine field to increase the recovery rate of crude oil reserves.

The two companies have agreed to carry out exploration and appraisal drilling on the licence, which lies 80 kilometres form the huge Hassi Messaoud field. Sinopec has been present in Algeria since ...

Petrofac has secured a $2.2 billion engineering, procurement and construction contract for the El Merk project in Algeria. Petrofac, the international oil & gas facilities service provider ...