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Voters are going to the polls earlier than expected, on 7 September, with incumbent President Abdelmadjid Tebboune as the ruling establishment’s candidate, having overcome some powerful décideur (decision-maker) factions’ doubts about his credentials to drive Algeria forwards in a second term. Able to pull the levers of presidential power, Tebboune will seek to present a record of solid first term achievement, although many of his electorate know that results have been mixed, at best, especially given the buffer of higher oil and gas prices his administration has enjoyed. Tebboune has much to prove.

Algeria
Subscriber

President Mohammed Ould Cheikh Mohammed Ahmed El Ghazouani’s meeting with Algerian President Abdelmajid Tebboune on 22 February, at the airport in Tindouf, south-western Algeria, was replete with symbolism. Not only did the leaders formally inaugurate fixed border posts on the 460km bilateral frontier, a roster of projects were announced that signal of a wider intensification of relations. Some of these schemes could help Algeria to outflank its bitter regional rival Morocco by increasing its business further south.

Mauritania | Algeria
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Sonatrach has signed a rare heads of agreement with a smaller company, Sweden’s Tethys Oil.

Algeria
Subscriber

TotalEnergies has signed a memorandum of understanding with Sonatrach on further developing natural gas resources in the Timimoun region, where the French major has existing interests, while an LNG supply contract has been extended by another year.

Algeria
Subscriber

The addition of 3GW of solar power generation capacity over the next two years will be the first substantial shift in Algeria’s gas-dependent energy mix in decades – and is intended as the first step in a programme to add 15GW of solar capacity by 2035 – but coming after years of false dawns, the government’s track record raises significant doubts about whether the new vision is achievable, writes John Hamilton.

Algeria
Subscriber

Slow progress at some of sub-Saharan Africa’s most high-profile LNG developments come as exporters from other parts of the world race to sign new long-term deals with buyers from Asia and Europe. The risk for African producers is that they could miss out on lucrative opportunities, costing governments large amounts in lost foreign earnings, writes Marc Howard*.

Mozambique | Egypt | Mauritania | Algeria | Tanzania | Morocco | Senegal
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Algeria is squeezing whatever gas it can out of the system for export and Morocco is looking at different options for its smaller reserves, but Libya and Egypt face bigger challenges still, with the bare minimum export LNG leaving Egyptian terminals this year.

Egypt | Libya | Algeria | Morocco
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Italian major Eni has completed its acquisition of assets from Norway’s Neptune Energy Group, in a transaction that brings with it natural gas assets in Algeria, Egypt, Europe and the Far East.

Algeria
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London-listed independent Harbour Energy has announced a $11.2bn cash, debt and share deal to acquire Wintershall Dea’s assets in Algeria, Egypt, Libya and five other countries. The reverse takeover is complicated by the involvement of Russian-linked investors

Egypt | Libya | Algeria
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The final COP28 communiqué included – for the first time – a commitment to eventually phase out fossil fuels, going beyond previous declarations that focused on coal. However, there are few signs that Organisation of the Petroleum Exporting Countries (Opec) members and their Opec+ allies, led by Russia, have any intention of allowing their core source of revenues to disappear anytime soon. So what can we learn from recent statements by oil producers – including Opec+’s quota commitments at a meeting on 30 November – and from leaks and comments made during COP28?

Angola | Nigeria | Libya | Congo Brazzaville | Algeria
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Following the recent dismissal of Sonatrach chief executive Toufik Hakkar, a further eight vice-presidents have now been dismissed from the national oil company, pointing to wider tensions within the Algiers establishment, writes Our Algiers Corresondent.

Algeria
Subscriber

State utility Société Nationale de l’Electricité et du Gaz’s Sonelgaz-Energies Renouvelables (S-EnR) has announced the winning bids for its 2GW solar photovoltaic project. Once delivered, the project would quadruple S-EnR’s installed solar capacity. Algerian President Abdelmajid Tebboune has told Sonelgaz to install 15GW of renewable energy by 2030, of which the 2GW tender is the first phase.

Algeria
Subscriber

Sonelgaz-Energies Renouvelables (S-EnR), the renewables arm of state-owned utility Société Nationale de l'Electricité et du Gaz (Sonelgaz) has opened financial bids for its much-anticipated project to install 2GW of solar power.

Algeria
Subscriber

Toufik Hakkar was removed from his position as president director-general (PDG) of Sonatrach on 2 October, as President Abdelmadjid Tebboune appointed yet another official who has had decades of jobs in and around the national oil company, Rachid Hachichi, for a second stint in the job. 

Algeria
Subscriber

National oil company Sonatrach has started natural gas production at three Gourar Basin fields, as part of the second phase of its South West Gas Project (SWGP).

Algeria