Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Algeria - The National Company for Marketing and Distribution of Petroleum Products 'Naftal' confirmed in a statement today, Monday, that all petroleum products will be available across all its stations and sales points during the Eid al-Adha holiday.
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European natural gas prices have fallen, continuing the decline recorded last week, amid optimism that the United States and Iran are nearing an agreement that would reopen the Strait of Hormuz, a vital chokepoint for global energy supplies.
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Algeria is moving towards expanding its energy presence in Tunisia by studying a proposal to build a major power generation plant using a combined cycle system, with a capacity of up to 1400 megawatts, in a step that carries economic and strategic dimensions to establish broader energy integration between Algeria, Tunisia, and Libya.
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The National Company for the Marketing and Distribution of Petroleum Products 'Naftal' confirmed on Monday that all petroleum products will be available during the days of Eid al-Adha across all its stations and sales points nationwide, ensuring service continuity 24 hours a day. The company stated in a press release that its stations will remain continuously open throughout the national territory, similar to other days of the year, allowing for the increased demand for various types of fuel during the holiday period. Read the full content on Echourouk Online.
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The CEO of SONATRACH, Nour Eddine Daoudi, participated in the second edition of the Istanbul Natural Resources Summit 2026, where he presented the company's vision regarding investment strategies in the hydrocarbons and mining sectors amid the transformations occurring in the global energy sector.
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Global oil prices fell at the start of trading today, Monday, according to trading data, following the emergence of preliminary and inconclusive signs of a potential agreement to end the escalation between the United States and Iran.
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The CEO of SONATRACH, Nourredine Daoudi, participated in the second edition of the Istanbul Natural Resources Summit 2026, where he presented the company's vision regarding investment strategies in the hydrocarbons and mining resources sector amid the transformations occurring in the global energy sector. The summit, organized under the theme 'Energy and Natural Resources at the Heart of a Changing World', was opened by Recep Tayyip Erdoğan, while Nourredine Daoudi participated as one of the main speakers in the first session dedicated to the topic 'Dealing with Uncertainty: Investment Strategies in Hydrocarbons and Mining Resources'.
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The SONELGAZ group discussed with the Tunisian Company of Electricity and Gas 'STEG' ways to expand bilateral cooperation and enhance coordination and integration between the Algerian and Tunisian networks, ensuring energy needs are met and addressing the increasing demand for energy during the summer of 2026, according to a statement from the group. This took place during a meeting on Sunday with the acting general manager of SONELGAZ, Abdelhamid Rais, and a high-level delegation from the Tunisian Company of Electricity and Gas, led by Faïçal Tarifa, where discussions focused on prospects for developing cooperation between the two sides and enhancing the level of coordination between the networks.
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The National Company for Marketing and Distribution of Petroleum Products 'Naftal' confirmed in a statement this Monday that all petroleum products will be available across all its stations and sales points during the days of Eid al-Adha. The statement said, 'Naftal informs its valued customers that during the days of Eid al-Adha, as well as throughout the rest of the year, all petroleum products will be available across all its stations and sales points, which remain open 24/7 across the national territory.'
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Oil prices fell in early trading this Monday. Brent crude futures dropped by $4.64 or 4.48 percent to $98.90 per barrel. West Texas Intermediate crude fell to $92.18 per barrel, down $4.42 or 4.58 percent.
radioalgerie.dzAlgeria - The CEO of SONATRACH, Nourredine Daoudi, participated in the second edition of the Istanbul Natural Resources Summit (INRES 2026), according to a statement from the group today, Sunday.
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Algeria - The SONELGAZ group, today Sunday in Algiers, discussed with the Tunisian Company of Electricity and Gas 'STEG' ways to expand bilateral cooperation and enhance the level of coordination and integration between the Algerian and Tunisian networks, allowing for the securing of energy needs, especially during the summer of 2026, according to a statement from the group.
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