
Wind or solar: why solar must become the economic engine of the Algerian Sahara
With the launch of the national program of 3,200 MW solar and the first commissioning planned as early as 2026, the country demonstrates its ability to transform
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

With the launch of the national program of 3,200 MW solar and the first commissioning planned as early as 2026, the country demonstrates its ability to transform

Oil prices rose by more than 3% on Friday, following statements from U.S. President Donald Trump and Iranian Foreign Minister that dampened hopes for an agreement to end attacks on ships and detentions in the Strait of Hormuz.

Algeria aims to produce more than 5,000 megawatts of wind energy by 2030, as part of a national renewable energy program targeting 15,000 megawatts by 2035, while the current installed capacity for wind energy does not exceed 10 megawatts. The Ministry of Energy and Renewable Energies, in collaboration with the World Bank, is studying a massive project to produce 1,000 megawatts of wind energy distributed across 10 sites in southern Algeria, including Tindouf, Ain Salah, and Adrar, which are areas characterized by high wind resources. Watch the full content on الشروق أونلاين

The Secretary General of the Ministry of Energy, Miloud Majeld, participated in the proceedings of the fourth edition of the Mediterranean International Forum 'Towards the South' held on May 15 and 16 in Sorrento, Italy, where he presented Algeria's vision aimed at enhancing regional and international cooperation in the field of energy, according to a statement from the ministry on Saturday.

The Secretary General of the Ministry of Energy, Miloud Majeld, participated in the proceedings of the fourth edition of the International Mediterranean Forum 'Towards the South' held on May 15 and 16 in Sorrento, Italy, where he presented Algeria's vision aimed at enhancing regional and international cooperation in the field of energy, according to a statement from the ministry on Saturday.

Representing the Minister of State, Minister of Energy, Mohamed Arkab, the Secretary General of the Ministry of Energy, Miloud Maghled, participated in the fourth edition of the international forum 'Towards the South: the European strategy for a new geopolitical, economic, and socio-cultural era in the Mediterranean region', held in Sorrento, Italy on May 15 and 16, 2026, with the presence of government officials, representatives and heads of economic and energy institutions, and experts from several Mediterranean and European countries.

The General Director of SONELGAZ - Electricity Production, Khaled Nawasri, is on a business visit (May 14-16) to Niger to monitor the progress of the construction of an electricity production station in the capital Niamey, according to a statement from the SONELGAZ group. During this visit, Mr. Nawasri inspected the work at the site, where operations are continuing at a 'regular' pace, according to the outlined roadmap, reflecting 'SONELGAZ's commitment to respecting the specified deadlines and ensuring the project is completed according to the highest technical standards and required quality,' according to the statement.

Gas prices in Europe rose this morning, following the rise in oil markets after U.S. President Donald Trump said his patience with Iran was running out, raising fears of renewed conflict. Data from the Intercontinental Exchange showed that the nearest contract in the Netherlands at the TTF hub rose by €1.435 to €49.09 per megawatt hour or about …

Oil prices rose today, Friday, as traders await developments in geopolitical factors affecting the crude market. The price of North Sea Brent crude for July delivery increased by 2.96% to $108.85 per barrel. Meanwhile, its American counterpart, West Texas Intermediate crude for June delivery, rose by 3.44% to $104.65 per barrel.

Oil prices surged strongly today, Friday, after U.S. President Donald Trump stated that he would not tolerate Iran any longer, increasing concerns about supplies.

During the month of April.

Oil prices recorded a slight increase at settlement on Thursday. Brent crude futures rose by 9 cents or 0.09 percent, reaching $105.72 per barrel at settlement. Meanwhile, West Texas Intermediate crude futures increased by 15 cents or 0.15 percent, settling at $101.17 per barrel.