Fracking watch: Algeria reports ‘most important’ oil discovery of past 20 years

Fracking watch: Algeria reports ‘most important’ oil discovery of past 20 years

Special to WorldTribune.com CAIRO — Algeria has reported what could be the largest crude oil reserve over the last 20 years. Energy Minister Yusef Yusefi said Algeria has discovered a field with an estimated 1.3 billion barrels of oil. Yusefi said the field, discovered by the state monopoly Sonatrach, was located in Hassi Messaoud. In […]

One month after Al Qaida attack, Algeria resumes production at gas facility

One month after Al Qaida attack, Algeria resumes production at gas facility

Special to WorldTribune.com CAIRO — Algeria has renewed operations at a leading natural gas facility attacked by Al Qaida. Officials said the Algiers government oversaw the launch of Ein Amenas, the largest liquified natural gas facility in the North African state. They said production at Ein Amenas began on Feb. 24, more than a month […]

Algeria presses energy firms to remain despite terror strikes

Algeria presses energy firms to remain despite terror strikes

Special to WorldTribune.com CAIRO — Algeria has urged foreign energy companies to remain in the North African country in wake of a major attack by Al Qaida. Officials said the Energy Ministry was contacting Western and other foreign contractors to maintain operations in Algeria. The officials said the Energy Ministry assured such companies as British […]

Al Qaida conducts second strike on Algerian gas facility, blows up pipeline

Al Qaida conducts second strike on Algerian gas facility, blows up pipeline

Special to WorldTribune.com CAIRO — Al Qaida has again attacked an energy facility in Algeria. Al Qaida Organization in the Islamic Maghreb struck a natural gas pipeline east of the Algerian capital. At least two guards at the facility were killed and seven others were injured in an attack by 20 Islamist fighters on Jan. […]