Sonatrach | Tags | Econostrum | Economic News in the Mediterranean

Eni acquires BP's activities in Algeria

09/08/2022 | Industry

ITALY / ALGERIA. Eni announces the acquisition of the activities of the British BP in Algeria (BP.L), including the gas fields of In Salah and In Amenas in the south of the country.

Abdmaldjid Tebboune, Algeria, Anja-Isabel Dotzenrath, Berkine, BP, BP Africa, Claudio Descalzi, Eni, Equinor, gas, In Amenas, In Salah, Italy, Karim Alaa, Sergio Mattarella, Sonatrach

TotalEnergies denies plans to withdraw from the Arzew project in Algeria

08/25/2022 | Industry

ALGERIA / FRANCE. Rejecting information published by the Africa Intelligence website, TotalEnergies has indicated that it is continuing its involvement in the project to build a petrochemical complex in Arzew in Algeria.

Abdelmadjid Tebboune, Africa Intelligence, Algeria, Arzew, Emmanuel Macron, France, Oran, PDH, petrochemicals, polypropylene, PP, propane, Sonatrach, Sonatrach Total Entreprise Polymères, STEP

Emmanuel Macron on "friendship visit" to Algiers and Oran to renew France's ties with Algeria

08/24/2022 | Society / Institutions

ALGERIA / FRANCE. The president of the French Republic visits Algeria for three days to renew ties with the country and meet with the Algerian population, especially the youth.

Sonatrach, Occidental Petroleum, Eni and TotalEnergy to drill 100 oil wells together in Berkine

07/20/2022 | Industry

ALGERIA / ITALY / FRANCE. The Algerian Sonatrach signs a "production sharing" contract with the American Occidental Petroleum, the Italian Eni and the French TotalEnergies.

Engie and Sonatrach extend their gas supply agreement

07/07/2022 | Society / Institutions

ALGERIA / FRANCE. Sonatrach and the French energy group Engie are extending their natural gas purchase and sale agreement and want to extend it to LNG.

Gas further cools relations between Algeria and Spain

04/28/2022 | Industry

ALGERIA / SPAIN / MOROCCO. Relations between Algeria and Spain, disrupted since March 2022, are experiencing a new episode of tension as Madrid wants to send back to Morocco part of the Algerian gas it receives.

Algeria to supply more gas to Italy

04/12/2022 | Industry

ALGERIA / ITALY. The Italian group ENI and the Algerian state company Sonatrach sign a new gas agreement to strengthen energy cooperation between Algeria and Italy.

The Eastern Mediterranean becomes a new gas province

04/05/2022 | Society / Institutions

MEDITERRANEAN. The problem of gas resources in the Mediterranean, but also of their sharing, was invited to the 11th Cybèle meeting in Marseilles whereas the decision of the European Union not to be supplied with Russian gas imposes to find other solutions.

Albania, Algeria, Ankara, Azerbaijan, Croatia, Cyprus, EastMed, EEZ, Egypt, Eni, EU, Euromed-IHEDN, European Union, France, Francis Perrin, gas, gas industry, gas pipelines, Gaza, Greece, GZ4, hydrocarbons, Institut des relations internationales et stratégiques, Iris, Israel, Italy, Lebanon, Libya, Marseille, Medgaz, Mediterranean, Middle East, Morocco, Nicosia, Oruç Reis, Paris, PCNS, Policy center for the new south, Rabat, Rencontre internationale de Cybèle, RTCN, Russia, Russian gas, Serbia, Slovenia, Sonatrach, Spain, Syria, TAP, TotalEnergy, Toufik Hakkar, Trans-Adriatic Pipeline, Transmed, Turkey, Turkish Republic of Northern Cyprus, Ukraine, UN, UNCLOS, United Nations Convention on the Law of the Sea, Yves Lacoste, Élie Jarmache

Covid and Ukraine war boost Moroccan phosphate revenues

03/31/2022 | Industry

MOROCCO: The economic recovery of 2021 and now the Russian-Ukrainian conflict are pushing up phosphate prices and increasing volume demand.

ACFC, Algeria, Algerian Chinese Fertilizers Company, Annaba, Asmidal, Covid, fertiliser, Manal, Moroccan phosphate, OCP, Office Chérifien des Phosphates, Phosphate, Russian-Ukrainian conflict, Sonatrach, Ukraine

Algeria invests $7 billion to produce fertilizer from phosphate

03/23/2022 | Industry

ALGERIA / CHINA. Four Algerian and Chinese partners are joining forces to launch a $7 billion phosphate processing industry project for the production of fertilisers in four wilayas in eastern Algeria.

Syria and Algeria the only Mediterranean countries not to vote against the Russian invasion of Ukraine

03/03/2022 | Society / Institutions

SYRIA / ALGERIA. The United Nations General Assembly overwhelmingly adopted a resolution denouncing Russian aggression in Ukraine. Syria voted against, Algeria abstained and Morocco did not participate in the vote.

Algeria ready to increase its gas deliveries to Europe

03/01/2022 | Industry

ALGERIA / EU. Sonatrach's CEO has pledged to deliver more gas to the European Union to replace, in part, Russian gas exports threatened by the conflict in Ukraine.

Abdelmadjid Attar, Algeria, Algiers, Baltic Sea, Berkine Sud, Brussels, Claudio Descalzi, energy, Engie, Eni, EU, European Union, gas, Gas Infrastructure Europe, Germany, green hydrogen, GZ4, Hassi Bi Rekaiz, hydrocarbons, industry, Isarene, Liberty, liquefied natural gas, LNG, Luigi Di Maio, Maghreb Europe Pipeline, Medgaz, Mediterranean Sea, Morocco, NATO, Nord-Stream 1, Nord-Stream 2, North Atlantic Treaty Organisation, Olaf Scholz, OMV, Portugal, Russia, Shell, Slovenia, Sonatrach, Spain, State, TFT, TotalEnergies, Toufik Hakkar, Touggourt, TurkStream, Ukraine, Uniper, Wintershall Dea

Italy's Saipem fined €192m for corruption in Algeria

02/16/2022 | Industry

ITALY / ALGERIA. An Algerian court's ruling on corruption in the oil sector has put Saipem in serious financial difficulties.

Algeria increases its hydrocarbon export revenues by 70%

01/04/2022 | Industry

ALGERIA. The CEO of Sonatrach announces an increase in gas and oil exports of 19% in volume and 70% in turnover in 2021 with a result of 34.5 billion dollars.

Sonatrach will invest $40 bn over five years

01/05/2021 | Industry

ALGERIA. The Algerian group Sonatrach announces an investment programme of $40 billion over five years, 51% of which in dinars.

Algeria, energy, FEED, gas, Gassi Touil, Hassi Bir Rekaiz, Hassi Messaoud, Hassi R'Mel, hydrocarbons, industry, Sonatrach, Toufik Hakkar

Algeria's Sonatrach and Spain's Naturgy reach agreement on gas prices

10/09/2020 | Services

ALGERIA / SPAIN. An agreement between Sonatrach and Naturgy puts an end to a dispute between Algeria and Spain over the price of gas.

Algeria, energy, Francisco Reynés, gas, Medgaz, Naturgy, Sonatrach, Spain, Toufik Hakkar

Medgaz completes its first year of operation

10/30/2012 | Euro-Mediterranean projects

Since April 2011, the underwater pipeline, half of which is funded by a €500-million loan from the European Investment Bank, has been supplying the Spanish market with Algerian gas. SPAIN / ALGERIA. If Medgaz is technically able to operate at 100% capacity, as welcomed by its Board of Directors at...

Grandeur and decadence of authoritarian regimes in the Mediterranean

10/16/2012 | Socio-economic assessments

The heads that have rolled in the Mediterranean region signal the end of several decades of authoritarian regimes and a corruption that has infiltrated all levels of society. The challenge now is to establish new rules of play on solid foundations. We hope that the new dawn brings transparent governments and supervisory bodies.

Abdelaziz Bouteflika, Algeria, authoritarian regimes, corruption, Egypt, Femise, Islamic Salvation Front, Lahcen Achy, Morocco, National Institute of Statistics and Applied Economics in Rabat, Sonatrach, Syria