Algeria and Turkey signed on Sunday in Algiers an agreement renewing the contract for the supply of liquefied natural gas (LNG) for the next five (05) years, said the APS the Minister of Energy, Mohamed Arkab.

National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met on Wednesday, January 29, 2020 with the Japanese consortium in charge of studying the development of concession 47 in the Sirte Basin (Beda and Haram Fields) in accordance with the Memorandum of Understanding signed in 2009.

The Minister of Energy, Mohamed Arkab, said on Wednesday in Algiers that the Energy Transition Program provided for in the Government's Action Plan will allow Algeria to achieve sustainable development.

Eng. Mustafa Sanalla, Chairman of National Oil Corporation (NOC), met with an Eni delegation led by Eni’s Chief Upstream Officer, Alessandro Puliti, Tripoli (Libya), on January 29, 2020 – to discuss status of current shared projects and the consequences of the current blockades for Libya’s people and hydrocarbon production facilities.

The new Chairman and Chief Executive Officer (CEO) of the SONATRACH Group, Toufik Hakkar presented, Thursday in Algiers, the main lines of the Group's action plan, affirming the commitment of SONATRACH to fulfill its role as an "economic leader" aimed at creating added value and contributing to the diversification of the economy.

NOC reports 19% drop in revenues in January 2020 from previous month National Oil Corporation (NOC) reported January 2020 revenues of approximately 1.77 billion USD ($1,768,879,320.49), a decrease of around 418 million USD (19% ) on December 2019 revenues and an increase of around 167 million USD (10.4%) compared with January last year. NOC’s revenues come from sales of natural gas, crude oil and assorted derivative products, in addition to taxes and royalties received from concession contracts. NOC Chairman Eng.

Zallaf Company opens new office in the South to follow up on Erawin field development project Zallaf Z Oil & Gas Exploration and Production Company, a subsidiary of National Oil Corporation (NOC), opened a new operations office in Awinat on Sunday February 16, 2020, to follow up on the development of the Erawin field adjacent to the city.

Fuel tankers evacuated from Tripoli Port after strike near LPG ship National Oil Corporation (NOC) of Libya confirms that fuel vessels have evacuated urgently from Tripoli port and all offloading operations were cancelled after projectiles struck meters away from a highly explosive liquified petroleum gas (LPG) tanker discharging in the port.

Prime Minister Abdelaziz Djerad inaugurated the production units of the Sidi Arcine refinery in Baraki (Algiers) on Monday after the completion of rehabilitation works in February 2019.