Libya, despite enduring political instability, holds the largest oil reserves in Africa, with 48.36 billion barrels, ranking 9th globally according to Global Firepower. Known for its high-quality, low ...

Algeria exports 540,000 b/d of its total ... standing at 95 and 75 % respectively. The oil price crash has eroded its finances, trade balance and international reserves. Fiscal deficits have been ...

Algeria’s entire oil reserves are found onshore and almost 80% of the country’s hydrocarbon production is done by Sonatrach – the national oil company. There is still much room for ...

Türkiye and Algeria will establish a joint oil and natural gas exploration company to operate in countries around the region, especially in Algeria. Turkish Minister of Energy and Natural Resources ...