Wednesday 4 May 2016
 
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Algeria

Algeria GDP grew 3.9pc in 2015

Algeria's economy grew by 3.9 percent in 2015, up from 3.8 percent the previous year, boosted by higher output in agricultural sector, the government said. Last year's growth was slightly higher than the 3.8 percent govern

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Alstom JV to produce regional, inter-city train in Algeria

Alstom, a world leader in integrated railway systems, has entered into an agreement to extend the activities of its Algerian joint venture to produce Coradia regional and intercity trains for the local market. The frame agreement

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Algeria's energy output dips 1.3pc in 2015, sales flat

Algeria's energy export volumes stagnated in 2015, held back by lower output and a rise in domestic consumption, official data seen by Reuters showed.   Total energy sales reached 100 million tonnes

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Oil revenues down, Algeria woos energy investors

After a deep slide in oil prices, Algeria's Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil and gas fields in a bid to attract investors and increase output, a source at the state energy co

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BP, Statoil to withdraw staff from Algerian plants

BP and Norway's Statoil will withdraw staff from two gas plants in Algeria after an attack by militants on one of the sites in the North African country, the companies said on Monday. Militants attacked the In Salah gas plant,

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Algeria gas plant has been attacked: Statoil

An Algerian gas plant owned by Norway's Statoil, BP and state firm Sonatrach was attacked on Friday, the company said.   "The In Salah Gas asset in Krechba was hit by explosive munitions fired from a dis

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Linden Comansa set for Algeria building expo

Tower crane manufacturer Linden Comansa will join hands with partner Sodetram to launch its new 5LC5010 crane at the upcoming Batimatec expo in Algiers. Algiers 'Pins Maritimes' Expo Centre will play host to the leading pl

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Algerian energy minister says oil price recovery 'unstable'

The recovery in world oil prices is still "very unstable" and prices could drop again, Algeria's Energy Minister Salah Khebri said on Wednesday.   Speaking at a North African Petroleum Exhibition an

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Algeria set to start up 300,000T sugar refinery

A new sugar refinery in Algeria will start production "within weeks" with a capacity of 300,000 tonnes per year, an official at the industry ministry told Reuters on Wednesday. The refinery, owned by a private Algerian i

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ABB wins $100m gas field revamp deal in Algeria

ABB, a global engineering group, has won a contract worth $100 million to renovate the liquefied petroleum gas treatment unit (LPG) gas field Rhourde Nouss in Algeria, a report said. "ABB is proud to continue the close and la

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