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Algeria looks to invest $70 bn in shale gas over 20 years

Algeria`s state-owned energy giant Sonatrach plans to invest at least $70 billion over the next 20 years to exploit shale gas in the southern desert, its managing director said on Sunday.

Algeria issues arrest warrant against ex-minister

Algeria on Monday issued an arrest warrant against a former energy minister over corruption charges related to state-owned energy giant Sonatrach, media reports said.

Four employees of BP still missing in Algeria

Four employees of energy giant BP were missing following the attack on In Amenas gas plant in Algeria, firm`s CEO Bob Dudley said, and added that he feared for their lives.