CARACAS, VENEZUELA (By Energy Analytics Institute, 25.Jun.2026, Words: 489) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on The Caracas Stock Exchange, Petróleos Mexicanos (PEMEX), CFE, Power Metallic Mines Inc., Baker Hughes, and JinkoSolar Holding […]
Category: Algeria
8 OPEC+ countries reaffirm commitment to market stability
VIENNA, AUSTRIA (By OPEC, 5.Oct.2025, Words: 286) — The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. and Nov. 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 Oct. 2025, to review global market conditions and outlook In view of […]
Eight OPEC+ countries eye 547,000 b/d production adjustment [table]
VIENNA, AUSTRIA (By OPEC, 3.Aug.2025, Words: 294) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production. The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. […]
![TotalEnergies boasts upstream production of 2.53 Mboe/d in 2Q:25 [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/img-remontee-cp-eoliennes-offshore-source-totalenergies.webp)
TotalEnergies boasts upstream production of 2.53 Mboe/d in 2Q:25 [pdf download]
PARIS, FRANCE (By TotalEnergies, 24.Jul.2025, Words: 421) — The Board of Directors of TotalEnergles SE, chaired by CEO Patrick Pouyanné, met on July 23, 2025, to approve the 2nd quarter 2025 financial statements. On the occasion, Patrick Pouyanné said: “TotalEnergies delivered robust financial results in the second quarter: cash flow […]
Eni and Sonatrach strengthen energy security cooperation
ROME, ITALY (Eni, 23.Jul.2025, Words: 232) — Eni and Sonatrach signed a memorandum of understanding aimed at strengthening cooperation in the field of hydrocarbons, energy transition and renewable energies, with a focus on energy security and the economic development of the 2 countries. The signing took place during the Italy-Algeria […]
![OPEC+ reaffirm commitment to market stability [table]](https://energy-analytics-institute.org/wp-content/uploads/2020/08/Aramco.jpg)
OPEC+ reaffirm commitment to market stability [table]
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Jul.2025, Words: 309) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production. The 8 OPEC+ countries, which previously announced […]
US Supreme Court rejects Exxon’s appeal of $14.25mn air pollution penalty
(By Nate Raymond, Reuters, 30.Jun2025, Words: 432) — The U.S. Supreme Court turned away Exxon Mobil Corp‘s bid to overturn a $14.25 million civil penalty that a judge imposed in a long-running lawsuit over air pollution at its Baytown, Texas, crude oil refinery. Exxon had asked the justices to take up the case after […]
NRGBriefs Jun. 2025: Scarborough first cargo, Maduro on Iran, Noem to Central America
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jun.2025, Words: 5,030) — Global energy, finance and project briefs as well as other from the front pages of the top newspapers across Latin America and the Caribbean during Jun. 2025. NRGBriefs highlights: Brava Energia‘s call notice; Shell announcing a FID for Aphrodite […]
QatarEnergy expand upstream footprint in Algeria north Africa
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 18.Jun.2025, Words: 208) — QatarEnergy won an onshore exploration license in Algeria as part of the “Algeria Bid Round 2024.” This marks the company’s foray into Algeria’s upstream sector. Located in eastern Algeria at the intersection of the prolific Berkine and Illizi Basins, […]
8 OPEC+ countries reaffirm commitment to market stability
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Apr.2025) — 8 OPEC+ countries — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman — reaffirmed their commitment to stabilizing the oil market and upward production adjustments. The 8 OPEC+ countries previously announced additional voluntary adjustments in Apr. 2023 and Nov. […]
WoodMac: Key Upstream Things to Look for in 2025
(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be a year of mixed messages. Wood Mackenzie recently released the Global Upstream: 5 things to look for in 2025 report. Key themes to watch for […]
Sinopec Releases First Sustainable Development Report in Algeria
(Editors at Energy Analytics Institute, 31.Dec.2024) — China Petroleum & Chemical Corporation officially released the sustainability report, Sustainability Report on Serving the Construction of the Belt and Road – Sinopec in Algeria, on 27 Dec. 2024 in Algiers. This is the first sustainability report published by a Chinese company in […]
EAI’s ‘Africa NRG Insights’ investor report (FREE PDF download-prologue)
HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024, Words: 136) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on Opportunities and Challenges, explores the continent’s resources and opportunities as well as its major headwinds. The full 42-page report taps into the insights and thoughts […]
Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman Extend Cuts
(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual meeting on 5 Sep. 2024, during which the eight member countries emphasized their collective resolve to […]
Eni Tops TotalEnergies as Africa’s Top Producer
(Energy Analytics Institute, 11.Sep.2023) — Eni actually takes the top spot as Africa’s top producer, not TotalEnergies, according to Welligence Energy Analytics. Producing around 900,000 boe/d, 40% of Eni’s output comes from Algeria and Libya. The rest is sourced from Nigeria, Ghana, Congo-Brazzaville, Mozambique, Angola and Tunisia, Welligence announced 11 […]
![An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2021/10/md-africa-source-md.jpg)
An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]
(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports […]
New Global Finds Drive Exploration to Value Creation
(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon, lower-cost advantaged hydrocarbons, the sector created at least $US33bn of value and achieved full-cycle returns of 22%, at $US60/barrel Brent […]
Eni and Sonatrach Inaugurate Solar Lab, Lay First Stone of PV Facility in BRN, Algeria
(Eni, 17.Nov.2022) — The CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar have inaugurated the Solar Lab and laid the first stone of a 10MW photovoltaic plant in the Bir Rebaa North (BRN) production complex, in the Berkine basin, south-eastern Algeria, today. The event took place […]
Eni Reports Find in the Berkine North Onshore Basin, Algeria
(Eni, 25.Jul.2022) — Eni and SONATRACH announced a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the Sif Fatima II research perimeter, is the third well in the exploration drilling campaign. It […]
Eni and Sonatrach to Accelerate Decarbonization Via Green Hydrogen
(Eni, 26.May.2022) — The Chairman of SONATRACH, Toufik Hakkar, and Eni CEO, Claudio Descalzi, signed today a Memorandum of Understanding (MoU) in Rome aimed at accelerating the development of gas fields in Algeria and decarbonisation via green hydrogen. The signing ceremony was witnessed by the President of the People’s Democratic […]
Equinor And Sonatrach Ink MOU
(Equinor, 17.May.2021) — On 17 May 2021 Equinor and Sonatrach signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally. The signing of the MoU strengthens the existing partnership between Equinor and Sonatrach. The MoU also includes cooperation within greenhouse […]
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to skip ahead and jump to the 10 companies that are the biggest polluters in the world. Look, I don’t think there are many educated people […]
Algeria’s Absent President To Return To Country Soon
(Bloomberg, 13.Dec.2020) — Algerian President Abdelmadjid Tebboune made a surprise appearance Sunday, vowing to return soon to the North African nation after having undergone treatment for Covid-19 abroad. Tebboune, who’s 75, hadn’t been seen in public since flying to Germany in October, and little had been made public about his […]
Air Products To Supply Four Cryogenic Heat Exchangers
(Air Products, 9.Sep.2020) — Air Products, the world’s leader in liquefied natural gas (LNG) technology and equipment, will provide four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach’s GL1Z LNG facility in Arzew, Algeria. The four heat exchangers will each have 1.3 million tonnes per year production capacity […]
Angola Aims To Ramp Up Oil Production
(Oilprice.com, 30.Aug.2020) — Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to a new energy strategy reported by state news agency ANGOP. Angola’s plan includes foreign investment of $679mn as well as […]
Angola Offers Tax Break To Help Domestic Oil Firms
(Argus, 23.Jul.2020) — The Angolan government has decided to cut the petroleum income tax rate from 50pc to 30pc for domestic companies that successfully bid in the country’s upcoming onshore licensing round. The move is designed to encourage domestic firms to participate in the round, which will comprise nine blocks […]
Algeria Expects Energy Revenue To Fall $10bn
(Reuters, 21.Jul.2020) — Algeria expects its oil and gas revenue to fall to $23 billion this year from $33 billion in 2019, energy minister Abdelmadjid Attar told state radio on Tuesday. OPEC member Algeria’s revenues from oil and gas sales were at $60 billion in 2014, before a sharp drop […]
Total And Sonatrach Extend Their LNG Partnership
(Total, 25.Jun.2020) — Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing supply contracts for 3 additional years in order to provide 2 million tons per year of Algerian LNG to the […]
Sonangol And BP To Advance BP’s Activities In Angola
(BP, 17.Dec.2018) — Angola’s Sonangol and BP today signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the production licence for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to […]