Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices surged strongly today, Thursday, after the Iranian Revolutionary Guard announced it targeted a U.S. airbase in response to an American attack near Bandar Abbas Airport.
iqtissadalbalad.dz
Oil prices continued to decline by more than five percent yesterday, Wednesday. Brent crude futures fell by $3.66 or 3.7 percent to $95.92 per barrel. Meanwhile, West Texas Intermediate crude futures dropped by $5.19 or 5.59 percent to $88.70 per barrel. Brent and West Texas Intermediate reached their lowest levels at $94.16 and $87.77 per barrel respectively, the lowest for over a month.
radioalgerie.dz
Rainer Seele, former head of the German oil and gas company 'Wintershall', told the German newspaper Handelsblatt that global supply chains will need months to recover even if the Hormuz Strait is reopened. The former president of 'Wintershall' explained to the newspaper in a report published yesterday, Tuesday, that 'the recovery of supply chains does not happen overnight, but will take months.' The United States and Iran are …
al24news.dz
A report from 'Business Insider Africa' predicts that Algeria will emerge as one of the main beneficiaries in the global energy market, should the disruptions in the Strait of Hormuz continue for a period ranging from one to three months before winter, which could exacerbate the gas crisis in Europe and drive prices to high levels. According to the report, Algeria recorded a significant jump in crude oil exports in April 2026, with shipments to Spain increasing by 106% to reach 116,000 barrels per day compared to 56,000 barrels previously, while exports to the United States rose by 40.6% to 102,000 barrels per day. View the full content on Echourouk Online.
echoroukonline.com
Foreign ministers of Australia, India, Japan, and the United States announced today, Tuesday, the launch of new initiatives related to maritime security, port infrastructure, and energy. The announcements came after talks held in New Delhi between Indian Foreign Minister Subrahmanyam Jaishankar, U.S. Secretary of State Marco Rubio, Japanese Foreign Minister Toshimitsu Motegi, and Australian Foreign Minister Penny Wong. Rubio announced a new initiative following the meeting...
al24news.dz
European Union gas imports via pipelines recorded a year-on-year increase for the fourth consecutive month in April 2026, primarily supported by increased supplies from Algeria, reaching 12.2 billion cubic meters, a slight rise of 0.2% compared to the same period in 2025, according to a recent report reviewed by the Energy Research Unit based on data from the Gas Exporting Countries Forum. According to the same source, imports fell month-on-month by 5% compared to March, which recorded 12.9 billion cubic meters, while total EU gas imports via pipelines during the first four months of 2026 rose to nearly 49 billion cubic meters, an annual increase...
echoroukonline.comOn the occasion of Eid al-Adha, and as part of its ongoing commitment to ensure the comfort of citizens and the continuity of public service, SONELGAZ, through the Distribution Directorate of Constantine Bridge, has established a special on-call program that extends throughout the days of the holiday, aimed at ensuring continuous supply of electricity and gas and rapid intervention to address any potential faults or outages. In this context, the directorate has mobilized all necessary human and material resources to ensure the success of this program, by deploying 20 executives and 85 agents, in addition to 25 intervention teams distributed across various districts of the region, specializing in the maintenance of electricity and gas, with technicians on standby to ensure immediate and effective intervention.
iqtissadalbalad.dz
On the occasion of Eid al-Adha, and as part of its ongoing commitment to ensure the comfort of citizens and the continuity of public service, Sonelgaz, through the distribution directorate of Constantine Bridge, has set up a special shift program that extends throughout the days of the holiday, aimed at ensuring continuous supply of electricity and gas and rapid intervention to address any faults or potential outages.
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Brent futures rose in early trading on Tuesday, driven by new American strikes on targets in southern Iran.
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The company specialized in maritime transport of hydrocarbons holds the majority of shares in the Mouloudia of Oran club.
elkhabar.com
Chased out the door, he tries to enter through the window. This is the story of a small emirate in the Persian Gulf that
ecotimesdz.com
Saipem has won major contracts in the Algerian oil and gas upstream sector in 2008 and 2009. It carried out the installation of the
ecotimesdz.com