
Algeria Leads the Investment Scene in Global Oil Deals During April 2026
The energy sector in Algeria is at the forefront of global oil deals during April 2026, following the granting of a new exploration license to the British oil company 'BP' in the Eastern Basin, a move that reflects the growing attractiveness of investment in the country and the expansion of untapped hydrocarbon opportunities, estimated to cover more than 1.7 million square kilometers. According to the monthly report prepared by the specialized energy platform, the new license allows 'BP' to carry out exploratory work including geological surveys and technical studies without immediately transitioning to the drilling phase, enabling a precise assessment of oil and gas potential, as part of Algeria's efforts to reactivate exploration activities and attract global companies...










