Algeria Strengthens Energy Ties with US Giants Chevron and ExxonMobil – African Peace Magazine

Algeria Strengthens Energy Ties with US Giants Chevron and ExxonMobil

Algeria Strengthens Energy Ties with US Giants Chevron and ExxonMobil

Algeria is making bold moves to expand its energy partnerships with American oil giants, as President Abdelmadjid Tebboune held high-stakes meetings with top executives from both Chevron and ExxonMobil. The diplomatic push comes as Algeria leverages economic diplomacy to counter growing international pressure over the Western Sahara territorial dispute.

Energy Minister Mohamed Arkab and Sonatrach CEO Rachid Hachichi participated in the executive meetings, signaling a unified, high-level commitment to foreign energy partnerships. This strategic outreach coincides with renewed U.S. engagement in North African affairs, particularly as the Trump administration reportedly supports Morocco’s 2007 autonomy proposal for Western Sahara.

The timing is significant as reports suggest Washington may revive stalled negotiations ahead of a crucial UN Security Council session scheduled for October. Algeria’s response has been to open its doors wider to American energy investors, demonstrating how geopolitical tensions can drive unexpected economic alliances.

The meetings with U.S. energy majors represent Algeria’s broader strategy to diversify its international partnerships while maintaining its position as a key energy supplier to global markets.

Source: msn.com