Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades.

But for the company that pioneered Nigeria's oil industry in the 1950s, the Niger Delta remains as important - and problematic - as ever.

While"...

The 10th Joint OPEC-Non-OPEC Ministerial Committee on Monitoring Compliance with the Oil Output Cuts Agreement is slated for tomorrow, Sunday, Semtember, 23rd, 2018 in Algeria’s capital “Algiers”.

This meeting, slated for September 23 rd in Algiers, is considered as the biggest of its kind in the history of the committee due to the number of participants.

OPEC"...

An Italian court found oil services group Saipem and a former CEO guilty of corruption in a long-running trial over bribes in Algeria but acquitted oil major Eni.

In a court ruling on Wednesday, Milan judges sentenced one-time Saipem CEO Pietro Tali to four years and nine months in prison and seized 197.9 million euros ($231 million) from the company. Saipem was also fined 400,000 euros.

In"...

Distributed Power business has announced U.K.-based Clarke Energy, GE’s authorized Channel Partner of Jenbacher gas engines in Algeria, has been selected by the developers of the new Djamaâ el Djazaïr mosque, the Great Mosque of Algiers, to supply four of GE’s J320 Jenbacher gas engines for a trigeneration plant that will provide the mosque with reliable, efficient and lower-carbon power, heating and cooling.

The"...

OPEC member Algeria’s oil and gas export volumes fell 2.8 percent in the first quarter from a year earlier, weakened by a drop in output and higher domestic consumption, the energy ministry said.

Algeria has struggled to boost its production and sales of energy, the main source of income, accounting for 60 percent of the budget and 94 percent of total exports.

Overall"...

Vivo Energy plc, a pan-African retailer and marketer of Shell-branded fuels and lubricants, has announced that Vivo Energy will be included as a constituent of the FTSE 250 Index and the JSE All Share Index later this month.

The inclusion in both indices was announced by FTSE Russell. Vivo Energy's entry into the FTSE 250 Index will take effect from the start of trading on Monday 24 September"...

The cost of the phosphate complex project, which is located in Algeria’s eastern region and which is projected to start operations in 2022, is amounted to nearly USD$6 billion, said Thursday in Algiers Minister of Industry and Mines Youcef Yousfi.

Speaking at a session of People’s National Assembly, devoted to oral questions, the Minister said that “the total investment volume of"...

Opec and non-Opec meeting, slated for September 23 rd in Algiers, may be the biggest of its kind in the history of the committee due to the number of participants.

Sixteen countries have been invited to attend the meeting of the ministerial monitoring committee of OPEC +, a source in one of the delegations told TASS.

“This"...

Iran is starting to store oil on its fleet of supertankers again as impending US sanctions force the Arabian Gulf country to revive a strategy it deployed under previous curbs.

The build-up of crude in floating storage offshore Iran signals the effectiveness of the new sanctions imposed by US President Donald Trump on the Arabian Gulf country’s oil. The measures are due to start in early November,"...

National Hydrocarbon Group Sonatrach is setting up a database including all the national public and private subcontractor companies willing to collaborate with the Group, announced Monday in Algiers CEO Abdelmoumen Ould Kaddour.

The database will be built up progressively as the local sub-contractors approach the oil and gas group for jobs, Ould Kaddour told the media, Monday, on the sidelines of"...