Africa's Oil, Gas and Energy News.
Eni and Sonatrach have announced a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The concession … Read More
The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … Read More
With recent sanctions on Russia by western nations threatening the critical supply of Russian gas to European markets, an opportunity has emerged for African gas producers to step up, enhancing … Read More
SONATRACH CEO Toufik Hakkar has said that the Group was planning to invest nearly $ 40 billion during the period 2022-2026. During an interview with the Algerian international channel “AL24”, … Read More
The Chief Executive Officer of Sonatrach, Toufik Hakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and … Read More
The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More
Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two groups of … Read More
The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on 16 November 2021, under the Chairmanship of HE Franklin Molina Ortiz, Minister of Hydrocarbons and Energies … Read More
SONATRACH and its Indonesian partner PERTAMINA strengthen their relationship by signing a Memorandum of Understanding. The two companies have agreed to continue their strategic collaboration to increase their portfolio of activities in Algeria and … Read More
Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila … Read More
