Gazprom’s Next Acquisition: Algeria?

Russia’s oil and natural gas state monopoly Gazprom has been offered joint venture exploration projects in Algeria, the first foreign company to be invited to work in the country. The offer was discussed at a meeting between Gazprom officials and the Algerian government earlier last week. Gazprom will participate in an international tender for the […]

OPEC Falling Apart at the Seams

Growing security risks in the Middle East are giving oil companies the jitters. French supermajor Total said recently that it was spending more on security since the January attack on the In Amenas gas facility in Algeria. BP said it had its own concerns, noting it was holding back on natural gas projects in the […]

Betting on Mediterranean Shale: 3 Plays, 1 Winner

The Mediterranean has joined the shale game, but as most of Europe’s Mediterranean countries drag their feet, all eyes are on Israel, Turkey, and Algeria. For Israel, it will be a slow road without the majors. For Algeria, it’s full speed ahead, in theory—but the foreign interest is just dabbling for now due to a […]