Tentative reform moves could boost Sonatrach
Algeria’s new government presents a conciliatory face, which could help revitalise the energy sector and the national champion
Newly elected President Abdelmadjid Tebboune has responded to ongoing Algerian protests in support of democratic reform and an end to corruption by launching a drive to "separate money from politics". If he succeeds, the staid and corruption-tainted energy sector could be one of the beneficiaries. At least partially in an effort to appease marchers on the streets, the new president appears to be trying to bring on board some of a handful of establishment figures who last year offered public support to the Hirak grassroots opposition—even appointing one of them, Abdelaziz Djerad, as his prime minister. A committee of experts is to draw up proposals to amend the constitution so as "to implem

Also in this section
6 June 2025
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
6 June 2025
CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
6 June 2025
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
5 June 2025
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding