The future of Algeria’s oil industry was called into question earlier this week as its political crisis took hold, and now its future is even more suspect, as its state-run oil company, Sonatrach, will once again find itself under the microscope as old corruption investigations are reopened and as the date is set for presidential elections after President Bouteflika stepped down earlier this month. State-run Sonatrach—inextricably linked with Bouteflika’s regime, is finding itself in good company, after the country’s unrest gave pause to foreign oil players such as Exxon who were quick to disentangle themselves from the chaos. While some foreign energy companies were thought to be taking a wait-and-see approach before proceeding further, it is less likely now that companies will move forward until after the new election—now set for July 4, 2019, according to sources . But the finalized date for the new elections is not expected […]