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Apr 27, 2015

Facing oil price drop, Algeria’s Sonatrach seeks service discounts

ALGIERS, April 27 (Reuters) – Algeria’s state energy company
Sonatrach has demanded its service providers cut their prices by
up to 15 percent as the OPEC member country tries to ward off
the impact of falling oil prices, industry sources said.

The collapse in crude prices is testing Algeria’s economy,
which relies on energy sales for 60 percent of state revenues
and to pay for a welfare system and subsidies that have helped
calm social unrest.

Mar 23, 2015

Algeria temporarily evacuates Turkish workers after IS threat: sources

ALGIERS (Reuters) – Algerian authorities temporarily evacuated nearly 100 Turkish construction workers from a roadway project east of Algiers as a precaution after a threat from militants affiliated with Islamic State, security sources said on Monday.

The measure underscores growing concern over militant attacks in North Africa following last week’s Bardo museum massacre of foreign tourists in Tunisia and Islamic State’s growing presence in neighboring Libya.

Mar 15, 2015

Algerian ex oil executives on trial on corruption charges

ALGIERS, March 15 (Reuters) – A group of top former Algerian
state oil company officials including an ex-chief executive went
on trial on Sunday for corruption in a scandal involving foreign
suppliers.

The so-called “Sonatrach 1″ case is just one graft probe
involving the state company and opens at a sensitive time for
Sonatrach, with oil prices slumping and foreign interest weak in
Algeria’s recent offers to develop new fields.

Mar 15, 2015

Ex Algerian oil execs on trial over corruption charges

ALGIERS, March 15 (Reuters) – A group of top former Algerian
state oil company officials including an ex-chief executive went
on trial on Sunday facing corruption charges in a scandal
involving the North African country and foreign suppliers.

The so-called “Sonatrach 1″ case is just one graft probe
involving the state company and opens at a sensitive time for
Sonatrach with oil prices slumping and weak foreign interest in
Algeria’s recent offers to develop new fields.

Feb 16, 2015

Mali peace talks resume in Algiers, no end to hostilities

ALGIERS (Reuters) – Mali’s government and Tuareg-led rebels resumed U.N.-sponsored peace talks in Algeria on Monday in pursuit of an accord to end uprisings by separatists seeking more self-rule for the northern region they call Azawad.

Decades of mistrust and recent intensified fighting between rebels and government-allied militias have complicated attempts to reach a comprehensive deal on Mali’s desert north.

Dec 23, 2014

Algerian soldiers kill militant leader behind Frenchman’s murder

ALGIERS (Reuters) – Algerian soldiers killed the leader of the militant group responsible for kidnapping and beheading French tourist Herve Gourdel in September, a security source and a television station close to the government said on Tuesday.

Ennahar TV said special forces had killed Abdelmalek Gouri, a veteran of Algeria’s 1990s Islamist conflict and leader of the Caliphate Soldiers group, which declared its allegiance to jihadist Islamic State fighters in September.

Dec 19, 2014

Bouteflika’s mental ability intact, will continue in power: party chief

ALGIERS (Reuters) – President Abdelaziz Bouteflika’s mental and cognitive faculties are intact and he will continue to govern Algeria, the ruling FLN party’s chairman said on Friday, in comments aimed at quashing rumours over the ageing leader’s health.

Bouteflika, 78, suffered a stroke last year that put him into a French hospital for months and fueled speculation over whether the former independence fighter would step down and make way for a transition in the North African state.

Dec 7, 2014

Algeria’s Sonatrach maps out plans for oil output boost

ALGIERS, Dec 7 (Reuters) – Algerian state energy company
Sonatrach will intensify its exploration efforts by drilling 125
wells a year to boost production over the next five years, it
said on Sunday.

The North African OPEC state’s crude oil and gas production
has stagnated in recent years, stymied by a lack of foreign
investors because of bureaucracy and security concerns, but
neither Sonatrach nor the energy ministry provided details on
incentives for potential oil partners.

Oct 24, 2014

Algeria’s Bouteflika consolidates curbs on state intelligence agency

ALGIERS (Reuters) – President Abdelaziz Bouteflika has signed a decree to curb the presence of Algeria’s military intelligence service in public institutions, government sources said, to downgrade his rivals and ensure a smooth transition when he steps down.

Since independence from France in 1962, Algerian politics has often been dominated by an opaque behind-the-scenes power struggle between military and civilian leaders to control branches of North African state’s government.

Oct 15, 2014

Algerian police stage sit-in outside president’s office

ALGIERS (Reuters) – Nearly a thousand Algerian policemen staged a sit-in outside President Abdelaziz Bouteflika’s office in Algiers on Wednesday, demanding better working conditions on a third day of public protests by police officers.

Security forces rarely take to the streets in the North African state, where the Front de Liberation Nationale party and the military have dominated politics since 1962 independence from France, although protests over jobs and housing are common.

    • About Lamine

      "I am based in Algiers, North Africa. I report on a wide range of issues including agriculture, oil and gas, terrorism, and telecoms. Before joining Reuters in 2003, i worked in several algerian dailies."
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