After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.
read more... 25/01/2013
U.S. crude climbed more than 1 percent on Thursday being supported by reports indicating a decline in initial unemployed claims last week and an increase in housing which began in December and following worries about an attack by Islamist militants on an Algerian gas plant.
read more... 18/01/2013
The Spanish energy giant, Repsol has recently made a gas discovery in the Illizi basin, in the south east of Algeria, marking its first gas discovery in this side of the country.
read more... 12/11/2012
Algeria has the potential to become the world's top exporter of shale gas, according to the Algerian Energy Minister Youcef Yousfi declarations.
read more... 29/02/2012
World’s largest gas exporters leaders, among which the Iranian President Mahmoud Ahmadinejad, Algerian leader Abdelaziz Bouteflika and the head of Libya’s National Transitional Council, Mustafa Abdul Jalil, participated at their first summit on Tuesday in the capital of Qatar, Doha, two days after a ministerial meeting of the 12-nation Gas Exporting Countries Forum (GECF) took place.
read more... 15/11/2011