Energy & Hydrocarbons

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

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

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

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 to Europe, according to a report by the German Agency for Trade and Investment.

May 22, 2026iqtissadalbalad.dz
اقتصاد البلد

29 billion cubic meters in 3 months.. Algerian gas production rises in 2026

Algeria's natural gas production rose to about 29 billion cubic meters during the first quarter of 2026, an increase of 1.14 billion cubic meters compared to the same period in 2025, indicating Algeria's strengthened position among major gas suppliers, amid continued European demand for stable supplies and the growing importance of Algerian gas in the regional energy security equation. According to the specialized energy platform, Algeria's gas production in March rose to 9.669 billion cubic meters, equivalent to about 11 billion cubic feet per day, compared to 9.29 billion cubic meters, or 10.6 billion cubic feet per day, in March 2025, representing an annual increase of 370 million cubic meters.

May 22, 2026iqtissadalbalad.dz
اقتصاد البلد

Rise in Oil Prices in Global Markets

Oil prices rose in trading on Friday amid investor doubts about the prospects for progress in peace negotiations between the United States and Iran. As of 09:20 Algerian time, futures contracts for West Texas Intermediate crude for next July were trading at $98.63 per barrel, an increase of 2.37% from the previous closing price. Meanwhile, futures contracts for Brent crude for the same month were trading at $105.05 per barrel, an increase of 2.89% from the previous settlement price.

May 22, 2026iqtissadalbalad.dz
Oil prices record a decline at settlement

Oil prices record a decline at settlement

Oil prices fell yesterday, Thursday, at settlement. Brent crude futures dropped by $2.44 or 2.32% at settlement, reaching $102.58 per barrel, while West Texas Intermediate crude futures fell by $1.91 or 1.94%, settling at $96.35 per barrel.

May 22, 2026radioalgerie.dz
Naftal Company Seeks to Establish Centers for Filling Butane Gas Cylinders in Niger

Naftal Company Seeks to Establish Centers for Filling Butane Gas Cylinders in Niger

Algeria - The CEO of the National Company for the Marketing and Distribution of Petroleum Products 'Naftal', Jamal Cherdoud, chaired a working meeting today, Thursday, in Algiers, alongside the CEO of the Nigerien Petroleum Company 'Sonidep', Ali Sibo Hassan, to discuss enhancing cooperation and partnership in the field of petroleum distribution and marketing, as well as the establishment of three centers affiliated with the Algerian company for filling butane gas cylinders in Niger, according to a statement from 'Naftal'.

May 21, 2026aps.dz
Naftal.. Towards the establishment of centers for filling butane gas cylinders in Niger

Naftal.. Towards the establishment of centers for filling butane gas cylinders in Niger

The CEO of the National Company for the Marketing and Distribution of Petroleum Products 'Naftal', Jamal Cherdoud, chaired a working meeting today, Thursday, in Algiers, alongside the CEO of the Nigerien Petroleum Company 'Sonidep', Ali Sibo Hassan, to discuss enhancing cooperation and partnership in the field of petroleum distribution and marketing, as well as the establishment of three centers affiliated with the Algerian company for filling butane gas cylinders in Niger, according to a statement from 'Naftal'.

May 21, 2026echaab.dz
Naftal invests in Niger by establishing three butane gas cylinder filling centers

Naftal invests in Niger by establishing three butane gas cylinder filling centers

The CEO of Naftal, Jamal Cherdoud, chaired a working meeting with the General Director of the Nigerian Petroleum Company, Ali Sibo Hassan, to discuss ways to enhance cooperation and partnership in the distribution and marketing of petroleum products, according to the company. The meeting, held today Thursday, May 21, was attended by a group of executives from both companies as well as a representative from the SONATRACH group, as part of a working visit by a ministerial delegation from Niger to Algeria. Read the full content on Echourouk Online.

May 21, 2026echoroukonline.com