Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

Showing 5,521–5,532 of 8,019 articles
Energy & Hydrocarbons
SONATRACH: Extensive investment plan to enhance exploration activities by 2030

SONATRACH: Extensive investment plan to enhance exploration activities by 2030

The Algerian group SONATRACH has outlined an extensive investment plan aimed at enhancing exploration activities in the national hydrocarbon mining sector, allowing for the renewal of national oil and gas reserves, according to the CEO of the Algerian group, Nourredine Daoudi, who noted that exploration and production activities alone account for 75 percent of the planned development investments for the period 2026-2030. He explained …

Feb 24, 2026al24news.dz
Energy & Hydrocarbons
Oil: Brent barrel exceeds $71.5

Oil: Brent barrel exceeds $71.5

Oil prices stabilized today, Tuesday, as the market awaits developments in geopolitical situations around the world. The price of North Sea Brent crude for April delivery rose slightly by 0.1% to $71.56 during the morning. The price of West Texas Intermediate crude for the same month increased by 0.27% to $66.49.

Feb 24, 2026al24news.dz
Energy & Hydrocarbons
Algeria aims to increase oil refining rate from 32% to 50% by 2029

Algeria aims to increase oil refining rate from 32% to 50% by 2029

Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to enhance exploration and drilling capabilities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract w...

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria strengthens its position as a reliable energy partner.. and an official reveals details of the 2029 plan

Algeria strengthens its position as a reliable energy partner.. and an official reveals details of the 2029 plan

Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to increase exploration and drilling capacities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract wo...

Feb 24, 2026echoroukonline.com
Trade & Exports
Trump's new 10% tariffs take effect

Trump's new 10% tariffs take effect

New U.S. tariffs on imported goods took effect on Tuesday as President Donald Trump seeks to reshape his trade agenda after the Supreme Court ruled against a wide range of global tariffs he imposed. According to media reports, these new tariffs, which were issued by executive order on Friday, aim to replace the tariffs...

Feb 24, 2026al24news.dz
Energy & Hydrocarbons
Inauguration of Important Development Projects in Médéa

Inauguration of Important Development Projects in Médéa

The Wilaya of Médéa oversaw the launch of several essential development projects, including the connection to the gas network and the expansion of drinking water networks, as part of the celebrations for the double anniversary of the nationalization of hydrocarbons and the establishment of the General Union of Algerian Workers, and to reinforce the state's commitments to citizens in shadow areas. The Governor of the Wilaya, Djilali Doumi, along with the President of the Wilaya People's Council, civil and security authorities, and parliamentarians, presided over the inauguration of the gas connection.

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria Leads Recovery of European Gas Imports via Pipelines

Algeria Leads Recovery of European Gas Imports via Pipelines

European Union gas imports via pipelines returned to an upward trajectory in January 2026, reaching 12.3 billion cubic meters, an increase of 2% compared to December, supported primarily by Algerian supplies. Recent data from the Energy Research Unit showed that Algeria was the only supplier to achieve a notable monthly growth of 22%, contributing significantly to European supplies, of which 22% comes from Algeria compared to 58% from Norway. Read the full content on الشروق أونلاين.

Feb 24, 2026echoroukonline.com
Energy & Hydrocarbons
The 55th Anniversary of the Nationalization of Hydrocarbons.. SONATRACH Invests $60 Billion to Enhance Sovereign Projects

The 55th Anniversary of the Nationalization of Hydrocarbons.. SONATRACH Invests $60 Billion to Enhance Sovereign Projects

Algeria commemorates today, Tuesday, the 55th anniversary of the nationalization of hydrocarbons in a context characterized by the state's determination to continue implementing major structured projects to enhance national resources, reflecting an increasing ambition to build a diverse and emerging economy and strengthen energy sovereignty. This occasion recalls February 24, 1971, when the late President Houari Boumediene announced the decision to nationalize hydrocarbons, a step that enabled Algeria to regain 51 percent of the assets of French oil companies with public concessions operating ...

Feb 24, 2026echoroukonline.com