Investment & FDI

Foreign direct investment, capital flows, and investment climate

Showing 1,345–1,356 of 1,907 articles
Energy & Hydrocarbons
SONATRACH: Extensive investment plan to enhance exploration activities by 2030

SONATRACH: Extensive investment plan to enhance exploration activities by 2030

The Algerian group SONATRACH has outlined an extensive investment plan aimed at enhancing exploration activities in the national hydrocarbon mining sector, allowing for the renewal of national oil and gas reserves, according to the CEO of the Algerian group, Nourredine Daoudi, who noted that exploration and production activities alone account for 75 percent of the planned development investments for the period 2026-2030. He explained …

Feb 24, 2026al24news.dz
Energy & Hydrocarbons
Algeria aims to increase oil refining rate from 32% to 50% by 2029

Algeria aims to increase oil refining rate from 32% to 50% by 2029

Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to enhance exploration and drilling capabilities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract w...

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria strengthens its position as a reliable energy partner.. and an official reveals details of the 2029 plan

Algeria strengthens its position as a reliable energy partner.. and an official reveals details of the 2029 plan

Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to increase exploration and drilling capacities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract wo...

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
The 55th Anniversary of the Nationalization of Hydrocarbons.. SONATRACH Invests $60 Billion to Enhance Sovereign Projects

The 55th Anniversary of the Nationalization of Hydrocarbons.. SONATRACH Invests $60 Billion to Enhance Sovereign Projects

Algeria commemorates today, Tuesday, the 55th anniversary of the nationalization of hydrocarbons in a context characterized by the state's determination to continue implementing major structured projects to enhance national resources, reflecting an increasing ambition to build a diverse and emerging economy and strengthen energy sovereignty. This occasion recalls February 24, 1971, when the late President Houari Boumediene announced the decision to nationalize hydrocarbons, a step that enabled Algeria to regain 51 percent of the assets of French oil companies with public concessions operating ...

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
Fuels: Extensive Investment Plan to Enhance Exploration Activities by 2030

Fuels: Extensive Investment Plan to Enhance Exploration Activities by 2030

SONATRACH has outlined an extensive investment plan aimed at enhancing exploration activities in the national hydrocarbon mining sector, which will allow for the renewal of national oil and gas reserves, according to the CEO of the group, Nourredine Daoudi, noting that exploration and production activities alone represent 75 percent of the planned development investments for the period 2026-2030.

Feb 24, 2026radioalgerie.dz
Energy & Hydrocarbons
اقتصاد | الإذاعة الجزائرية

Homel: Algeria strengthens its capabilities in exploration and solidifies its position as a reliable international partner in the oil and gas sector

Ms. Waseela Homel, Director of Hydrocarbon Transformation and Marketing and Petroleum Resource Distribution, confirmed that Algeria has made significant strides in developing the hydrocarbon sector since independence, emphasizing that the strategic challenge today lies in enhancing exploration and drilling capabilities to meet the national market's needs for gas and oil, while maintaining Algeria's position as a reliable partner in global markets.

Feb 24, 2026radioalgerie.dz