The Hirak protest movement shows no signs of abating
Algerian upstream remains not for the fainthearted
Even after the hydrocarbons law passes, would-be partners will not have troubles to seek
It has been almost a year-and-a-half since Algeria’s parliament passed its new hydrocarbons law, which was drafted to encourage investment into the upstream sector. But the appetite for new investment will be tested only after the June 2021 general elections, when Algeria’s new legislature is expected to approve the almost-complete implementation texts for the new legislation. Algerian NOC Sonatrach is unlikely to benefit from a strong surge of new private sector investment in the second half of 2021. This is partly a result of the oil price crash of 2020, which forced IOCs to cut spending and high-grade acreage globally. But it is also because Algeria’s new hydrocarbons law is not a game-ch
Also in this section
2 June 2025
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
29 May 2025
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy
