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    Sonatrach makes 18 hydrocarbon finds over first eight months in 2014

    September 1, 2014

    Thirteen finds were made during the six first months of 2014, seven of which are relating to oil and six to gas, in the basins of Berkine, Illizi, and Oued Mya, around the fields of Hassi Messaoud, as well as in the basin of Gourara, in the country's southwest, Sonatrach said in a statement.


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    Algeria's annual inflation rate stuck at 1.5% in July

    September 1, 2014

    Algeria's annual inflation rate stabilized at 1.5% in July, the same rate as in June, according to the National Office of Statistics (ONS).


    The prices of foodstuffs dropped by 0.8% compared to the previous month, which recorded a 3.6 percent increase.

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    Next tripartite to discuss implementation measures for repeal of article 87a

    September 1, 2014

    The next tripartite meeting (Government-Central Union-employers), scheduled for Septemebr, will discuss the implementation measures for the repeal of the Article 87a of the Labour Code, said Sunday in Algiers the head of the General Confederation of Algerian Companies (CGEA), Habib Yousfi.


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    UPDATE 1-Normal operations at In Amenas gas plant resuming-Statoil

    September 1, 2014

    Normal operations are resuming at the In Amenas gas plant in Algeria, 18 months after a raid by Islamist militants killed forty employees, one of the plant's operators, Statoil, said on Monday.


    Statoil had kept its permanent workers away from the plant, which it operates jointly with BP and Algeria's Sonatrach, since gunmen raided the site deep in the Sahara desert in January 2013.


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    Algiers to host 9th North Africa Oil and Gas Summit in December... August 25, 2014

    The ninth North Africa Oil and Gas Summit will took place in Algiers from 7 to 9 December, announced Sunday the organizers.


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