*Boeing purchase for 737-800 jets, $724 million cost. ALGIERS, Jan 6- Algeria's national carrier Air Algerie signed deals on Monday to buy three 250- seat Airbus passenger jets and eight 150- seat jets from Boeing, company officials said.
ALGIERS, Oct 27- Algeria is unlikely to see substantial economic reform before the country holds elections in April 2014, a top advisor to the government said, despite growing signs that officials are edging towards liberalising policy.
*Algeria says security in place for foreigners to return. TIGUENTOURINE, Algeria, Oct 10- Blast charred walls have been repainted and bullet holes plastered over at the In Amenas gas plant, as Algeria tries to tempt foreign oil workers back to the Sahara.
LONDON, Sept 12- Norway's Statoil is setting up a political and security risk analysis team to protect employees and assets in global hotspots after failing to foresee a deadly attack in Algeria earlier this year, company officials said.
*Says security generally not well understood by Statoil leadership. OSLO, Sept 12- Oil major Statoil missed multiple warning signs and failed to foresee or prepare for incidents like January's deadly attack at an Algerian plant in January, an internal company investigation said, painting a picture of chronic security problems at the site.
OSLO, Sept 12- The head of Statoil said he would not resign after an internal investigation by the oil major found management had failed to foresee and prepare for a deadly attack at an Algerian gas plant in January despite multiple warning signs.
*Statoil workers may return only after further measures. OSLO, Sept 12- Statoil and BP failed to prepare for a large-scale attack on their natural gas plant in the Algerian desert earlier this year and may have relied too heavily on local authorities for protection, a Statoil investigation concluded on Thursday.
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.
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.
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.
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.
A consortium that deals with security issues is warning about possible threats to oil installations in Libya.
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.
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.
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.
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 crude rose above $112 a barrel on Tuesday, after Japan pledged to pump in more money to boost its economy.
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.
Algerian special forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis.
Tom Price, Global Commodity Analyst, UBS says Algeria's gas plant attack is the latest in a series of supply-side shocks to oil, but unconventional supplies could constrain the upside to oil prices.