Chevron, ExxonMobil Near Agreement for Major Algerian Natural Gas Developments

August 19, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Algeria holds the world's third largest shale gas reserves--both total and technically recoverable, trailing only China and Argentina, and ahead of the U.S. The nation, in an effort to further boost its energy exports, which account for 75% of all, has been pursuing agreements with U.S. majors to develop its resources to make them available to world markets.