Algeria will block Total from acquiring Anadarko’s assets in the country.
Anadarko holdings in Algeria represent about 260,000 barrels of oil per day, more than 25% of the country’s crude production estimated at 1 million barrels per day.
Total has agreed to buy all of Anadarko’s oil-and-gas-producing assets outside the United States, including its biggest future expense, a multibillion-dollar liquefied natural gas project in Mozambique, for US$8.8 billion.
Eni SpA inaugurated the 10 MW solar power plant at the Bir Rebaa North (BRN) oil field power plant. The project is located in Algeria. Eni developed the project together with Sonatrach, a company...
Read moreItalian Maire Tecnimont has been provisionally awarded an engineering, procurement, and construction (EPC) contract worth $248 million by Algerian national oil company Sonatrach to build a liquefied p...
Read moreGreenbacker has acquired 100% of North Palm Springs Investments LLC, including its Golden Horizons portfolio. The acquisition expands Greenbacker’s owned generating capacity to 158.9 MW, including 45.5 MW of wind parks, as well as 113.4 MW of commercial and residential solar farms
Sonnedix has closed the deal to buy a controlling stake in Cox Energy. With this transaction the company has secured a 20 year offtake starting in 2022, as well as the option to acquire a 74 MW solar project