Illustration - Climate Change

Illustration - Climate Change

ALGERIA. PROVINCE OF OUARGLA: SONATRACH PLANT (ALGERIAN OIL AND GAS COMPANY) IN THE ALGERIAN SAHARA. GAS SPHERES ON THE RHOURDE NOUSS SITE (NATURAL GAS FIELD). SONATRACH IS THE FIRST COMPANY IN AFRICA Photo by Jean-Francois/Only World/ABACAPRESS.COM

Illustration - Climate Change

Illustration - Climate Change

ALGERIA. PROVINCE OF OUARGLA. SONATRACH PLANT (ALGERIAN OIL AND GAS COMPANY) IN THE ALGERIAN SAHARA. SONATRACH IS THE FIRST COMPANY IN AFRICA Photo by Jean-Francois/Only World/ABACAPRESS.COM

Illustration - Climate Change

Illustration - Climate Change

ALGERIA. PROVINCE OF OUARGLA: SONATRACH PLANT (ALGERIAN OIL AND GAS COMPANY) IN THE ALGERIAN SAHARA. HASSI MESSAOUD SITE (OIL). REFINERY. SONATRACH IS THE FIRST COMPANY IN AFRICA Photo by Jean-Francois/Only World/ABACAPRESS.COM

Illustration - Climate Change

Illustration - Climate Change

ALGERIA. PROVINCE OF OUARGLA: SONATRACH PLANT (ALGERIAN OIL AND GAS COMPANY) IN THE ALGERIAN SAHARA. HASSI MESSAOUD SITE (OIL). REFINERY. SONATRACH IS THE FIRST COMPANY IN AFRICA Photo by Jean-Francois/Only World/ABACAPRESS.COM

Algeria inks 4-bln-USD gas deal with 3 int'l energy groups

STORY: Algeria inks 4-bln-USD gas deal with 3 int'l energy groups DATELINE: July 20, 2022 LENGTH: 00:01:47 LOCATION: Algiers CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony 2. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines STORYLINE: Algeria's state-owned oil company Sonatrach inked on Tuesday in Algiers a deal worth 4 billion U.S. dollars with three energy companies from Europe and the United States. The agreement reached between Sonatrach and U.S. company Occidental, Italy's Eni, and France's Total Energy, will supply Italy with natural gas amid a likely cut of Russian gas to Europe. Under the contract, Sonatrach and the three Western oil companies will develop the Berkin gas field, located 300 km southeast of Hassi Messaoud, in the south of Algeria. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines "This four-billion-U.S. dollar-worth deal will allow for an additional one billion barrels of oil equivalent to be extracted, and the

China, Algeria ink 490-mln-USD oil exploration contract

STORY: China, Algeria ink 490-mln-USD oil exploration contract DATELINE: May 29, 2022 LENGTH: 0:02:23 LOCATION: Algiers CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony of the oil exploration contract 2. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines STORYLINE: Chinese oil company Sinopec Overseas Oil and Gas Limited (SOOGL) and Algeria's oil giant Sonatrach signed on Saturday a 490-million-U.S. dollars contract on oil and gas exploration in Algeria's Zarzaitine field, some 1,500 km southeast of Algiers. According to a joint press release by the two companies, SOOGL and Sonatrach will cooperate in the drilling of new wells, the replenishment of existing wells, the revamping of oil facilities, and the reduction of carbon emissions. Under the contract, 95 million barrels of oil are expected to be produced. Algeria's Minister of Energy and Mines Mohamed Arkab, who attended the signing ceremony, hailed Sinopec as a key partner for Sonatrach. "The Chinese partner is e

Algeria, Italy agree to boost energy cooperation

STORY: Algeria, Italy agree to boost energy cooperation DATELINE: April 12, 2022 LENGTH: 0:00:50 LOCATION: Algiers CATEGORY: ECONOMY SHOTLIST: 1 various of signing the agreement 2 various of Italian Prime Minister Mario Draghi speaking at the press briefing STORYLINE: Algeria and Italy are set to boost their energy cooperation after inking two cooperation agreements on Monday in Algiers. The first agreement aims to speed up the development of Algeria's natural gas production projects by increasing gas exports to Italy. It was signed between Algerian energy giant Sonatrach and Italian company Eni in the presence of Algerian President Abdelmadjid Tebboune and visiting Italian Prime Minister Mario Draghi. The agreement confirms close cooperation between the two companies in the exploration and production of hydrocarbons, renewable energy such as solar energy, hydrogen, biofuels, as well as the capture, storage and use of carbon dioxide, said a statement from Sonatrach. It also confirms Eni's desi