Energy & Hydrocarbons

Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Showing 1,225–1,236 of 2,993 articles
Energy & Hydrocarbons
Italian 'Saipem' Returns to Algeria After 16 Years

Italian 'Saipem' Returns to Algeria After 16 Years

The Italian company 'Saipem', specialized in engineering, construction, and services related to the energy sector, has officially marked its return to the Algerian market through the industrial unit of the integrated phosphate project in the eastern region of the country, after an absence of more than 16 years due to a series of corruption scandals related to contracts it obtained in 2008. The official announcement of the Italian company's return was revealed through the financial statement for the year 2025, dated April 2026, which 'Echorouk' obtained a copy of, confirming the actual start of engineering works for the project in favor of 'SONATRACH', as part of the initial studies and technical designs for the anticipated industrial complex.

May 23, 2026echoroukonline.com
Energy & Hydrocarbons
Naftal invests in the Republic of Niger by establishing three centers for filling butane gas cylinders

Naftal invests in the Republic of Niger by establishing three centers for filling butane gas cylinders

The CEO of Naftal, Jamal Cherdoud, chaired a working meeting the day before yesterday with the General Director of the Nigerien Petroleum Company SONIDEP, Ali Sibo Hassan, at the headquarters of the General Directorate, to discuss ways to enhance cooperation and partnership in the distribution and marketing of petroleum products, in the presence of a group of executives from both companies and a representative from SONATRACH, as part of a working visit by a ministerial delegation from Niger to Algeria.

May 23, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Algeria at the Heart of Spain's Energy Security Equation Amid Middle East Turmoil

Algeria at the Heart of Spain's Energy Security Equation Amid Middle East Turmoil

The Spanish newspaper 'La Razón' revealed that Algeria is emerging as one of the key pillars in ensuring energy security for Spain, amid rising geopolitical turmoil in the Middle East and its impact on oil and gas markets, as Madrid relies on diversifying supply sources to reduce risks associated with strategic corridors such as the Strait of Hormuz. According to an analysis published by the newspaper, Spain depends on a diverse mix of energy imports, with a clear decrease in reliance on Gulf suppliers, as the share of oil coming from that region does not exceed 10%, while the share of natural gas is less than 2%, which enhances Algeria's increasing role as one of the most important gas suppliers to the Spanish market within a diversified supply system.

May 23, 2026echoroukonline.com
Sustainability & Green Economy
German Report Praises Algeria's Path in Renewable Energies

German Report Praises Algeria's Path in Renewable Energies

A report issued by the German Agency for Trade and Investment confirmed that Algeria is accelerating its energy transition through structured projects in the fields of renewable energies and green hydrogen, aiming to reach a proven production capacity of 15 gigawatts of renewable energies by 2035, while strengthening its position as a strategic energy supplier for Europe. The report explained that Algeria, despite having large hydrocarbon reserves as the largest producer in the region, shows a 'steadfast will' to keep pace with the global shift towards clean energies, through the gradual implementation of major solar energy projects and the launch of extensive investment programs in the renewable energy sector. View the full content on الشروق أونلا...

May 23, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria's gas production rises to 29 billion cubic meters

Algeria's gas production rises to 29 billion cubic meters

Recent data obtained by the Energy Research Unit shows that Algeria's natural gas production rose to 29 billion cubic meters in the first quarter of 2026, compared to 27.86 billion cubic meters during the same period in 2025, an increase of 1.14 billion cubic meters. According to the data, Algeria's gas production in March alone reached 9.66 billion cubic meters, equivalent to 11 billion cubic feet per day, compared to 9.29 billion cubic meters in March of last year, an increase of 370 million cubic meters and an annual growth of 4%. View the full content on الشروق أونلاين The post إنتاج الجزائر من الغاز يرتفع إلى 29 مليار متر مكعب appeared first on الشروق أونلاين.

May 23, 2026echoroukonline.com
Energy & Hydrocarbons
Brent crude rises to $103.54 per barrel

Brent crude rises to $103.54 per barrel

Oil prices rose on Friday at settlement. Brent crude futures climbed at settlement to $103.54 per barrel, an increase of 96 cents, or 0.94 percent. U.S. West Texas Intermediate futures closed at $96.60 per barrel, up 25 cents, or 0.26 percent at settlement.

May 23, 2026radioalgerie.dz
Sustainability & Green Economy
Northern Europe Opens Green Energy Partnerships with Algeria

Northern Europe Opens Green Energy Partnerships with Algeria

Northern European countries, represented by the embassies of Denmark, Finland, Norway, and Sweden in Algeria, have opened new horizons for cooperation in the fields of renewable energy and energy transition, within an approach based on innovation and sustainability. Algeria, for its part, renewed its readiness to enhance its partnerships in energy efficiency and the development of clean energies, in line with sustainable development goals and the United Nations 2030 agenda. The meeting held in Algiers last Thursday, on the occasion of the third edition of the Nordic Sustainability Forum, concluded with a renewed confirmation of Algeria's desire to strengthen its partnerships with Nordic countries in the fields of renewable energy and energy efficiency.

May 22, 2026echoroukonline.com
Energy & Hydrocarbons
Oil: Brent crude surpasses $105

Oil: Brent crude surpasses $105

Oil prices have risen amid investors' fears of supply shortages in the market. Before noon, Brent crude for July delivery rose by 2.61% to reach $105.26. Meanwhile, its counterpart, West Texas Intermediate crude, increased by 2.11% to $98.38. Analysts attribute the price rise to concerns over supply shortages in global markets...

May 22, 2026al24news.dz
Sustainability & Green Economy
اقتصاد البلد

German Trade and Investment Agency: Algeria Aims to Strengthen Its Position as a Strategic Energy Supplier for Europe

Algeria, the largest producer of hydrocarbons, is accelerating its energy transition through a series of structured projects in renewable energies and green hydrogen, with the ambition to strengthen its position as a strategic energy supplier for Europe, according to a report by the German Trade and Investment Agency. The report clarified that 'despite the importance of those hydrocarbon reserves (...), Algeria shows a firm will not to remain distant from the global development of clean energies,' emphasizing that this trend is particularly reflected in the gradual realization of major solar energy parks and through the launch of significant investment programs in renewable energies. The country also aims to reach a proven capacity of 15 ...

May 22, 2026iqtissadalbalad.dz