Sonatrach-ExxonMobil Gas Deal to Open New Play in the Ahnet-Gourara Basin
Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern...
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Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern...
The two companies plan to "study the existing opportunities to develop the hydrocarbon resources in the Ahnet basin and the Gourara basin" in southern Algeria, Sonatrach said in a statement.
Algeria's state oil company Sonatrach has signed a memorandum with ExxonMobil to develop two gas fields in the North African country.
Europe is confronted with a complex energy management dilemma as it depends on a single fuel supply, particularly in the case of natural gas, which has been used as a geopolitical tool by some countries. This situation is exemplified by historical conflicts such as the Suez Canal Crisis, the oil crisis of the 1970s, and the oil embargo enforced by the Organization of Arab
The EU replaced Russian energy with U.S. supplies after Moscow launched a war. Now people are wondering: Is Europe too dependent on America?