Algeria has cut its oil production by around 24,000-25,000 barrels per day since Jan. 1 as part of the OPEC and non-OPEC agreement to reduce output, state-controlled news agency APS quoted an oil official as saying.
Read More
Algeria has entered into a $6 billion phosphate JV deal with a Chinese firm to build a phosphate plant in Tebessa province. The JV deal is between Algeria’s state-run firm Sonatrach, Algerian firms Manal and Asmidal and Chinese state-owned consortium CITIC Group Corp.
Read More
Uganda said on Thursday its national oil firm and Chinese offshore oil and gas company CNOOC Ltd had signed an agreement to jointly conduct exploration in a new block in the East African country.
Read More