Arabian Gulf Business Insight on MSN

Algeria approves 5-year hydrocarbon development plan

Algeria has approved a five-year plan to develop its hydrocarbon industry following declines in reserves and production due to lack of investment. The plan aims to “boost Algeria’s security energy and ...
The distribution is highly uneven. China alone holds nearly half of the global total, followed by Brazil’s sizable deposits.
Libya’s Waha Oil Company, a key player in the country’s energy sector, has added two new gas wells, strengthening domestic ...