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Algeria
Sonatrach boss signs agreements galore ahead of presidential elections

CEO of Algerian oil company Sonatrach, Rachid Hachichi, in Algiers on 2 March 2024. © Billel Bensalem / NurPhoto via AFP

Rachid Hachichi has only just taken up his role as head of Africa's largest company, but is travelling lots and signing numerous partnerships. He is eager to boost Algeria's economic performance. [...]

Published on 24/06/2024 at 04:40 GMT Reading time 2 minutes

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Energy

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Algeria
Abdelmadjid Tebboune
Chevron
ExxonMobil
Rachid Hachichi
Sinopec
Sonatrach
Tethys
Toufik Hakkar
Turkiye Petrolleri Anonim Ortakliô
Zarubezhneft

In Focus | Algeria
The fall of Algeria's powerful Sonatrach boss, Toufik Hakkar

Toufik Hakkar's tenure at the head of Algeria's Sonatrach, the largest state-owned oil company in Africa, ended abruptly on 2 October and the former CEO is now facing judicial scrutiny over a number of deals with foreign firms, despite his friends in high places.

Subscribers only Energy 04.12.2023

Flags of Algeria and Sonatrach at the inauguration of the HGA Sud-Hassi Messaoud separation and compression centre on 23 February 2023.

Spotlight | Algeria
Tebboune to talk ports, mine and BRICS in Beijing

The Algerian president is due to fly to Beijing on 17 July to discuss joint mining and energy projects as well as Algerian membership of the BRICS group.

Subscribers only Infrastructure, Diplomacy 13.07.2023

Algerian president Abdelmadjid Tebboune.

Spotlight | Africa
ExxonMobil, Chevron, Marathon... US giants start mass exodus from the continent

With the exception of Namibia and Mozambique, Africa has ceased to be attractive to US oil companies, which are gradually withdrawing from the market. This strategy is the opposite of that adopted by the Chinese and Russians, which are continuing to push ahead.

Subscribers only Energy 13.09.2022

Algeria
Sonatrach's love-in with Chinese irks European and Asian rivals

China is hoovering up all the major Algerian hydrocarbon projects launched by state-owned Sonatrach, much to the chagrin of European, Korean and Indian firms.

Subscribers only Energy 21.07.2022

Algeria
Sonatrach CEO Toufik Hakkar faces crisis by relying on trusted few

The head of the oil colossus Sonatrach has consolidated his teams with people his trusts, hoping he can hold on to his seat a little while longer.

Subscribers only Energy 30.09.2020

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Abdelmadjid Tebboune
Chevron
ExxonMobil
Rachid Hachichi
Sinopec
Sonatrach
Tethys
Toufik Hakkar
Turkiye Petrolleri Anonim Ortakliô
Zarubezhneft

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Algeria Sonatrach boss signs agreements galore ahead of presidential elections

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create a free account

Set up email notifications for these topics

In Focus | Algeria The fall of Algeria's powerful Sonatrach boss, Toufik Hakkar

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

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The sensational rise and spectacular fall of Pefaco casino and hotels

Algeria
Sonatrach boss signs agreements galore ahead of presidential elections

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The fall of Algeria's powerful Sonatrach boss, Toufik Hakkar

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Tebboune to talk ports, mine and BRICS in Beijing

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ExxonMobil, Chevron, Marathon... US giants start mass exodus from the continent

Algeria
Sonatrach's love-in with Chinese irks European and Asian rivals

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Sonatrach CEO Toufik Hakkar faces crisis by relying on trusted few