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Total’s relations with Alger have been increasingly heated over the past few months. Now Patrick Pouyanne has decided to wipe the slate clean. But in return for what? [...]
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. [...]
A trial of ex Sonatrach executives on embezzlement charges could cast a shadow over a third licensing round notwithstanding Algeria’s need of new exploration projects. [...]
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