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Examples
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Sonatrach, which is the Algerian state owned oil company, has been aggressive in exploring for hydrocarbons, both on its own and in partnership with foreign oil companies.
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Anadarko says terms of its production-sharing contract with Sonatrach should have insulated it from the windfall tax.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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Longer term, economists say the government may have to tap directly into Sonatrach's coffers, limiting the company's ability to develop new hydrocarbon resources and maintain export levels.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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Founded in 1963, a year after Algeria won its independence war against colonial ruler France, Sonatrach is both the backbone of the nation's economy and a yardstick of social climate in the country.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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ALGIERS — Algeria's top energy officials Sunday said they plan to meet "legitimate" pay-increase demands by employees of state oil-and-gas company Sonatrach Spa in a bid to solve a protest that could have threatened production and vital export revenue.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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In 2009, U.S. company Anadarko Petroleum Corp. initiated arbitration against Sonatrach to contest a windfall tax Algerian authorities had introduced two years earlier.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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Last February, for example, Ambassador David D. Pearce reported that eight of the directors of the state oil company Sonatrach were under investigation for corruption.
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"If the response falls short of our expectations, we will radicalize our protest," Sonatrach employee representative Ali Arhab said in a telephone interview from Hassi-R'Mel.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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Last February, for example, Ambassador David D. Pearce reported that eight of the directors of the state oil company Sonatrach were under investigation for corruption.
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Sonatrach Chairman and Chief Executive Nordine Cherouati said such fears were unwarranted because there is a clear distinction between the oil and gas firm's books and the state budget.
Algerian Oil Workers Poised to Win Pay Increase David Gauthier-Villars 2011
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