For Free Headlines Submit Your Email
Saturday, July 5, 2025 16:15 GMT
Algeria’s recent oil and gas licensing tender, launched with high hopes to attract global investments, has drawn low interest with no US company bidding. This has pushed President Tebboune to take matters into his own hands reaching out to the two US oil giants: Chevron and Exxon Mobil. The two companies sent senior officials- not even their CEOs- to meet Tebboune, who is on the run to save state coffers amid dim prospects for oil and gas prices in the years ahead. Algerian state media and...More