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  • French retailer Carrefour returning to Algeria - source Thursday, 19 Mar 2015 | 7:02 AM ET

    *Carrefour expanding in Africa through franchises, JVs. PARIS, March 19- Carrefour is preparing to return to Algeria after a six-year absence, as part of a drive to tap booming consumer demand in Africa. Rising incomes and an underdeveloped retail sector have made Africa an important new growth destination for retailers and consumer goods companies, with the...

  • Correction: Algeria-Corruption story Monday, 16 Mar 2015 | 9:57 AM ET

    ALGIERS, Algeria— In a March 15 story about the Sonatrach corruption trial in Algiers, The Associated Press reported erroneously that ambassadors from the United States, Germany and Italy had attended the trial. Algeria's enormous oil corruption scandal finally goes to trial 5 years after discovery. ALGIERS, Algeria— Five years after it first came to light, the...

  • ALGIERS, Algeria— Five years after it first came to light, the trial began Sunday for one of Algeria's most notorious corruption scandals involving the state-run oil company that generates most of the country's revenue. In a packed courthouse that included the ambassadors of Italy, the U.S. and Germany, prosecutors read out the charges against former head of...

  • WARSAW, Nov 28- Poland's embassy in Algiers is not the grandest posting- the diplomats share the building with their Swedish colleagues to keep costs down- but last year it oversaw the fastest growth in trade of any Polish mission. When Poland joined the European Union a decade ago, it believed it had found its path to prosperity. That Poland and its peers in eastern...

  • Expect oil glut, US shale bankruptcies: Analyst   Thursday, 27 Nov 2014 | 6:41 PM ET
    Expect oil glut, US shale bankruptcies: Analyst

    Neil Beveridge, Senior Oil Analyst at Sanford C. Bernstein, says OPEC's decision not to cut output is triggering a glut of supply and may result in bankruptcy for U.S. shale producers.

  • Lower oil prices, exactly what the doctor ordered?   Thursday, 27 Nov 2014 | 6:05 PM ET
    Oil markets undergoing structural trend: Expert

    Kerry Series, Founder and CIO, Eight Investment Partners, says recent declines in oil prices are stimulatory for the global economy.

  • Wreckage of Air Algerie jet found in northern Mali Thursday, 24 Jul 2014 | 9:24 PM ET
    An Air Algerie jet is shown at Berlin's Schoenefeld Airport.

    Authorities have found the wreckage of an Air Algerie jet after it crashed in Mali carrying 116 people en route from Burkina Faso to Algeria.

  • The other major threat to Europe’s energy security Thursday, 24 Apr 2014 | 3:13 PM ET
    Algerian President Abdelaziz Bouteflika casts his vote in the country's recent presidential elections in el-Biar suburb of Algiers on April 17, 2014.

    Disruption from the Russia-Ukraine conflict is not the only threat to Europe's energy supplies—there's also Algeria.

  • Arab Spring 2.0: Instagram sparks women start-ups Tuesday, 19 Nov 2013 | 7:00 AM ET
    Change is in the air: demonstrations in Cairo's Tahrir Square

    Thanks to social media women all over the Middle East are finding ways to help one another start businesses. It's a movement that is about more than economics.

  • OPEC Holds Line on Output, Surprising None Friday, 31 May 2013 | 8:06 AM ET

    OPEC oil exporters agreed on Friday to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel.

  • Worried About OPEC Meeting? You May Be the Only One Tuesday, 28 May 2013 | 8:25 AM ET
    The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at the headquarters building in Vienna.

    Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.

  • Statoil CFO: Fifty More Wells to Be Drilled in 2013

    Torgrim Reitan, CFO of Statoil, tells CNBC that earnings and production are growing significantly and 2012 was the best exploration year for the company since 1997.

  • Crescent Petroleum: Most Stable Period for Oil Prices   Wednesday, 30 Jan 2013 | 2:40 AM ET
    Crescent Petroleum: Most Stable Period for Oil Prices

    Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack.

  • Algerian security forces escort a bus carrying freed hostages outside a police station in In Amenas in the desert in Algeria's deep south on January 19, 2013.

    A consortium that deals with security issues is warning about possible threats to oil installations in Libya.

  • Will Oil Companies Pull Out of North Africa?   Monday, 28 Jan 2013 | 2:10 AM ET
    Will Oil Companies Pull Out of North Africa?

    Neil Atkinson, director of Energy Research & Analysis at Datamonitor, tells CNBC that BP are talking about suspending drilling activities in Libya following the terrorist attack in Algeria.

  • Aftermath of the Gas Plant Siege in Algeria   Sunday, 27 Jan 2013 | 5:50 PM ET
    Aftermath of the Gas Plant Siege in Algeria

    Tony Nash, Managing Director, IHS discusses the ground level risks that energy firms face. He says companies are taking a more disciplined and methodological approach to risk.

  • Algerian security forces escort a bus carrying freed hostages outside a police station in In Amenas in the desert in Algeria's deep south on January 19, 2013.

    The biggest mistake the energy industry makes is to ignore regional and geopolitical dynamics. It's complicated, and the corporate world doesn't have the patience for it.

  • Revival of Centrist Vote in Israel 'Good News': Expert

    Lord Malloch-Brown, EMEA chairman of FTI Consulting, tells CNBC that the revival of the centrist vote in Israel is 'good news' but a weaker Netanyahu may become a 'prisoner' of the right.

  • Brent Tops $112 as BOJ Adds to Economic Optimism Tuesday, 22 Jan 2013 | 3:34 PM ET
    Oil Refining’s Fortunes Rise

    Brent crude rose above $112 a barrel on Tuesday, after Japan pledged to pump in more money to boost its economy.

  • Oil Prices to Retreat Drastically: Expert   Monday, 21 Jan 2013 | 5:40 PM ET
    Oil Prices to Retreat Drastically: Expert

    Andrew Su, CEO, Compass Global Markets says the economic picture in the U.S. and Europe will worsen, which will lead WTI prices to retreat drastically in the next few months.