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Algeria

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  • Algerian Army Stages 'Final Assault' on Gas Plant Saturday, 19 Jan 2013 | 2:50 PM ET
    This is a satellite image of the Amenas, Algeria. Islamist militants held dozens of foreign hostages and hundreds of Algerian workers hostage in a gas field located approximately 45 km from the city.

    The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages.

  • "Let's not forget this is an act of terror," said Secretary of State Hillary Clinton, in commenting on the hostages held in Algeria. Americans are still being held hostage, among others, with Peter Brookes, Heritage Foundation senior fellow.

  • Terrorists Still Holding Hostages in Algeria     Friday, 18 Jan 2013 | 1:03 PM ET

    Terrorist want to exchange hostages for Omar Abdel Rahman, reports CNBC's Jackie DeAngelis. Also, a look at the impact on energy prices, with CNBC's Sharon Epperson.

  • Algeria Hostage Saga Continues     Friday, 18 Jan 2013 | 11:33 AM ET

    The hostage rescue operation in Algeria is an ongoing, fluid situation, reports CNBC's Jackie DeAngelis.

  • Hostage Situations Are Never Simple: Expert     Friday, 18 Jan 2013 | 11:00 AM ET

    Oualid Khelifi, research analyst at African Energy, talks to CNBC about the hostage situation in Algeria and why the Algerian army decided to move in.

  • How to Trade Oil Now     Friday, 18 Jan 2013 | 7:40 AM ET

    Oil is slipping slightly this morning as the Algeria hostage crisis continues, with Boris Schlossberg, Managing Director, BK Asset Management; Kevin Book, ClearView Energy Partners; Barry Knapp; Barclays; and Rebecca Patterson, Bessemer Trust.

  • Could the Algerian Terrorism Spread?     Friday, 18 Jan 2013 | 5:20 AM ET

    Helima Croft, geopolitical strategist at Barclays, draws attention to the vulnerability of the oil market if the Algerian groups targeted the Libyan energy facilities.

  • How Important Is Algerian Gas for Europe?     Friday, 18 Jan 2013 | 1:30 AM ET

    Neil Atkinson, director of energy research & analysis at Datamonitor, tells CNBC that Algeria is very important for the European oil and gas market, with countries like Italy taking about a third of their gas from the country.

  • Algerian Government Began Military Action     Thursday, 17 Jan 2013 | 7:45 PM ET

    CNBC's Michelle Caruso-Cabrera reports the chronology of the terrorist attack in Algeria and on the intervention by the Algerian government that has taken place already; saying as many as 7 U.S. citizens were involved in the situation.

  • Rio Tinto's New Chief to Turn Company Around?     Thursday, 17 Jan 2013 | 5:45 PM ET

    Jonathan Barratt, Founder, Barratt's Bulletin says Rio Tinto remains a takeover target but he thinks new CEO Sam Walsh can turn the company around.

  • Clinton Addresses Hostage Crisis in Algeria     Thursday, 17 Jan 2013 | 2:51 PM ET

    Secretary of State Hillary Clinton spoke with Algerian officials yesterday about the hostage crisis, reports CNBC's Michelle Caruso-Cabrera.

  • Oil Hits 4-Month High     Thursday, 17 Jan 2013 | 2:27 PM ET

    The crisis in Algeria is playing a role in oil's big surge today, with CNBC's Sharon Epperson.

  • American Hostages Status Unclear     Thursday, 17 Jan 2013 | 2:22 PM ET

    Breaking details on the Algeria hostage crisis, with CNBC's Michelle Caruso-Cabrera.

  • Algerian Army Moves on Terrorists     Thursday, 17 Jan 2013 | 10:11 AM ET

    CNBC's Michelle Caruso-Cabrera reports on a BP statement that it's been told the Algerian army is trying to take control of a natural gas site where terrorists are holding hostages, including Americans. (1:07)

  • Amrita Sen, chief oil analyst at Energy Aspects, tells CNBC that the instability in North Africa, with Islamic militants holding a gas facility hostage, could be quite negative for long-term investment in the region.

  • 41 Hostages Taken In Algeria, 3 Are American     Wednesday, 16 Jan 2013 | 7:25 PM ET

    Islamic militants have taken as many as 41 hostages, including 3 U.S. citizens, in Algeria, and the White House is calling this a "terrorist attack," reports CNBC's Michelle Caruso-Cabrera.

  • Algeria Attack Won't Change Oil's Risk Premium     Wednesday, 16 Jan 2013 | 5:40 PM ET

    Dominic Schnider, Head of Commodity Research, UBS Wealth Management warns investors not to expect a drastic rise in oil's risk premium as a result of the Algerian attacks. He expects a $3 to $4 increase.

  • American Hostages In 'Terror Attack': Panetta     Wednesday, 16 Jan 2013 | 2:13 PM ET

    There has been a "terrorist attack" on a gas facility in Algeria where Americans are among 41 people being held hostage by Islamic militants. Helima Croft of Barclays, offers insight.

  • Sen. Coons on Algerian Gas Facility Attack     Wednesday, 16 Jan 2013 | 2:03 PM ET

    Secretary of Defense Leon Panetta has confirmed Americans and others are being held by Islamic militants after what he calls a "terrorist attack" occurred at a natural gas facility in Algeria. Senator Chris Coons (D-DE), offers insight.

  • Panetta: 'Terrorist Attack' In Algeria     Wednesday, 16 Jan 2013 | 2:00 PM ET

    CNBC's Michelle Caruso-Cabrera reports Secretary of Defense Leon Panetta said an overnight attack on the natural gas facility in Algeria "was a terrorist attack," and confirms that Americans and others are being held by Islamic militants. (1:48)