Algeria’s energy bids, infrastructure push, and cultural shifts

Weekly trends Energy sector: Oil bid round and long-term strategy The bid follows a 2023 round that awarded four blocks to international firms, including Italy’s Eni and France’s TotalEnergies. Algeria produced 910,000 barrels of oil per day in 2024, down from 950,000 in 2023. Gas production reached 102 billion cubic meters in 2024, a 2% … Read more