Oil spill occurs at Shell terminal in Nigeria
Algeria’s Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation
10:05 CAT | 16 Apr 2025
FILE - The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. [File photo: Reuters/Ramzi Boudina]
Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum (OXY.N) to expand cooperation in hydrocarbon exploration and production in Algeria, Sonatrach said in a statement.
The MOUs were signed on Monday on the sidelines of the US-Algeria Energy Forum 2025.
Source: Reuters
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