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The state-owned major finds itself facing a virtual oil services monopoly that refuses to lower its rates, as other players steer clear of Algeria. [...]
Hoping to break the cycle of failure that has dogged all of its rounds to allocate new blocks since 2004, the Algerian authorities are pulling out all the stops with a new auction. [...]
The economic princh in Spain has forced some of the country's energy firms to reluctantly sell off assets. [...]
Confirmed on Sept. 17 during a cabinet meeting, amendments to the country’s 2005 oil bill could disappoint some oil groups. [...]
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