Bloomberg Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years as new projects start up, Salah Mekmouche, the company’s vice president of exploration and production, said. Sonatrach will bring on stream Tiguentourine, In Salah and Timimoune natural gas projects as well as oil wells ...

  Bloomberg Rosneft’s plans for next year allow it to be flexible with production volumes, Russia’s top oil producer said, after Moscow clinched a deal with OPEC to cut production to bolster weak oil prices. State-controlled Rosneft, which accounts for over 40 percent of Russian oil production, said its board has looked into plans for 2017-2018. “The plan is formed ...

  Bloomberg A patch of land in the shadow of Mount Fuji is becoming a testing ground for energy storage, with some of Japan’s leading companies trying to develop technologies such as spinning flywheels and fuel cells. The government of Yamanashi, a prefecture 102 kilometers (63 miles) west of Tokyo, is hoping that by attracting companies such as Panasonic Corp. ...