
Warnings of a prolonged disruption in oil markets
The CEO of Saudi Aramco, Amin Nasser, warned today, Sunday, of a prolonged disruption in oil markets due to the near-total closure of the Strait of Hormuz.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

The CEO of Saudi Aramco, Amin Nasser, warned today, Sunday, of a prolonged disruption in oil markets due to the near-total closure of the Strait of Hormuz.

The Senior Advisor to the President of the United States, Messaoud Boulous, expressed his country's appreciation for Algeria's 'vital and ongoing' diplomatic efforts to promote peace and security in the region.

Algeria is among the Arab countries capable of producing green hydrogen at a competitive cost, thanks to its vast natural resources in solar and wind energy, according to the CEO of the green hydrogen organization GH2, Joe Williams, who emphasized that these factors give Algeria a strategic position in the future of the global energy market. Williams explained in an interview with the specialized energy platform that the current geopolitical crisis has marked a turning point in the energy sector and has contributed to accelerating interest in green hydrogen as a clean fuel that can be produced in many countries without relying on fossil fuels, through the use of renewable electricity and water.

A delegation comprising experts and engineers from the Ministry of Petroleum of the Republic of Niger is visiting Algeria from May 9 to 18, as part of enhancing bilateral cooperation and exchanging expertise in the energy sector, according to a statement from SONATRACH issued today, Sunday. The statement clarified that this visit follows the signing of a memorandum of understanding on March 24 in the Nigerien capital, Niamey, aimed at developing bilateral cooperation.

Algeria - A delegation from the SONELGAZ group arrived in N'Djamena to prepare for the launch of a project to build a 40 megawatt electricity production plant in Chad, according to a statement from the public group issued today, Saturday.

The economy of Algeria news

A delegation from the SONELGAZ group arrived in N'Djamena to prepare for the launch of a project to build a 40 megawatt power generation plant in Chad, according to a statement from the public group released today, Saturday. This project comes as a realization of the directives of the President of the Republic, Mr. Abdelmadjid Tebboune, aimed at enhancing African cooperation and promoting South-South strategic partnerships, particularly with Chad, following the official visit that took place...

AL24 News - The Algerian 'Sonelgaz' Group is preparing to launch a project in Chad - Economy

The Ministry of Energy and Renewable Energies, through the SONELGAZ group, has begun implementing a bilateral cooperation project with the Chadian Electricity Company Tchad Elec to establish a 40 megawatt electricity production station in the Republic of Chad. According to SONELGAZ, a delegation of experts and technicians from the group, led by the CEO of SONELGAZ-International, Yazid Jallouli, arrived yesterday, Friday, May 8, in the Chadian capital N'Djamena.

Turkish Energy Minister, Alperen Büyükkaya, revealed Ankara's efforts to extend the liquefied natural gas supply agreement with Algeria before its expiration date in September 2027, indicating the possibility of directing part of it towards the Southeast European region.

A high-level delegation comprising major Ivorian bodies and institutions active in the energy sector has arrived for a technical working visit to the electricity sector, aiming to enhance cooperation and exchange experiences with Algeria in the energy field, particularly in the areas of electricity and gas production, transmission, and distribution. This visit comes within the framework of directives from the highest authorities aimed at strengthening African partnerships and enhancing South-South cooperation in strategic sectors that have a direct impact on economic and social development, and in implementation of the instructions of the Minister of Energy and Renewable Energies. Read the full content on Echourouk Online.

Algerian imports of oil and liquefied gas played an important role in supporting the stability of the electricity market in France during April 2026, at a time when prices witnessed record negative levels of -479 euros per megawatt/hour, with 90% of the days in the month recording zero or negative prices. According to data from the Energy Research Unit, this impact comes amid a 3.4% increase in Algerian oil exports to France during the first four months of 2026, reaching an average of 95,000 barrels per day, compared to 92,000 barrels per day during the same period in 2025. Watch the full content on الشروق أونلاين.