Government economic decisions, reforms, budgets, and fiscal policy
In anticipation of the summer season, which sees a significant increase in electricity consumption, SONELGAZ has strengthened its production capacity by more than 1850 MW to meet peak demand periods, according to a statement made today, Thursday, in Algiers by a representative of the public group.
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The strategic project aims to diversify national income sources.
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The Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, received today, Thursday in Algiers, the Chairman of the German energy group 'VNG AG', Ulf Heitmüller, where they discussed business development and investment opportunities in the hydrocarbons sector, according to a statement from the ministry.
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The Minister of State, Minister of Energy, Mr. Mohamed Arkab, the Minister of Public Works and Basic Infrastructure, Mr. Abdelkader Djellali, and the Minister of Mines and Mining Industry, Mr. Mourad Hanifi, chaired a coordinating meeting today, Thursday, dedicated to monitoring the progress of the integrated phosphate project in the Hadba region of Tebessa, in implementation of the directives of the President of the Republic, Mr. Abdelmadjid Tebboune, aimed at accelerating the pace of this strategic project and ensuring its entry into production within the specified deadlines, according to a statement from the Ministry of Energy.
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After the United States and Iran signed a temporary agreement.
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Oil prices fell in early trading today, Thursday, by about 1 percent, amid a state of anticipation in global markets. Brent crude futures dropped by 89 cents or 1.12 percent to $78.66 per barrel, while West Texas Intermediate crude fell by 98 cents or 1.28 percent to $75.81 per barrel.
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The dollar continued its gains against the euro on Wednesday after the Federal Reserve (the U.S. central bank) kept interest rates unchanged. The Fed's statement showed that policymakers expect to raise borrowing costs later this year amid growing concerns about inflation. The euro fell by 0.5% to 1.1553 dollars, while the dollar recovered its losses against the yen to trade virtually unchanged at 160.435 yen.
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Preparations for the launch of the construction works for the Algiers-Tamanrasset railway line are intensifying. The government examined yesterday,
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To confirm Algeria's enormous potential in gas and oil, a major project awaits SONATRACH: the intensification of exploration, the
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The Air Algérie group launched on Tuesday, from Houari Boumediene International Airport in Algiers, the new air route to Libreville (Gabon), via
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The African Petroleum Producers Organization (APPO) is set to soon launch a new interactive platform aimed at promoting content
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Algeria - The Minister of Energy and Renewable Energies, Mourad Ajjal, emphasized today, Wednesday in Algiers, the necessity of meticulous and field mobilization in preparation for the summer of 2026 to meet the increasing demand for electricity and improve public service, according to a statement from the ministry.
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