Energy & Hydrocarbons

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

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Sustainability & Green Economy
Officially.. Start of Marketing 400 Megawatts of Solar Power

Officially.. Start of Marketing 400 Megawatts of Solar Power

The first two photovoltaic solar power plants officially enter service on Monday and Tuesday, as part of the 3200 megawatt project, which is part of the national renewable energy plan targeting 15,000 megawatts by 2035. The commercial exploitation of 400 megawatts of clean electricity will effectively begin to be injected into the national grid. In this context, 'Echorouk' learned from sources in the sector that an official delegation from the Ministry of Energy and Renewable Energies has arrived in the Wilaya of El-Mghir to inaugurate the photovoltaic solar power plant (with a production capacity of 200 megawatts) and to start injecting its production into the national grid and marketing it commercially, after several weeks of successful trials for transporting the produced quantities.

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
This Gulf country did not export a single drop of oil last month!

This Gulf country did not export a single drop of oil last month!

The platform 'TankerTrackers', specialized in tracking oil tanker movements, revealed that Kuwait, for the first time since the end of the Gulf War in 1991, did not export crude oil during the month of April. The Kuwait Petroleum Corporation had announced several times during March about a state of force majeure, due to the inability of tankers to cross the Gulf as a result of disturbances in the Strait of Hormuz, following the strike on Iran by the United States and Tel Aviv. View the full content on Echourouk Online.

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
OPEC+.. Arqab participates in the coordination meeting of the Group of Seven countries - Iqtissad Al Balad

OPEC+.. Arqab participates in the coordination meeting of the Group of Seven countries - Iqtissad Al Balad

The Minister of State, Minister of Energy, Mohamed Arqab, participated today, Sunday, via videoconference, in the coordination meeting of the Group of Seven countries. This is within the framework of the cooperation announcement (OPEC+) which implements voluntary production adjustments. The countries involved are Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia.

May 3, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
OPEC+ Raises Oil Production by 188,000 Barrels Per Day in June

OPEC+ Raises Oil Production by 188,000 Barrels Per Day in June

Ministers from seven countries involved in the cooperation declaration (OPEC+) agreed on a collective increase in oil production of 188,000 barrels per day during June, including 6,000 barrels per day allocated to Algeria, following a coordinating meeting attended by the Minister of State, Minister of Energy, Mohamed Arkab. The meeting, held via video conferencing on Sunday, included countries implementing voluntary production adjustments, namely Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia, as part of the regular monitoring of international oil market developments and enhancing coordination to ensure its balance and stability. The head of the National Agency for the Valorization of Hydrocarbon Resources also attended the meeting.

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria is the second largest gas consumer in Africa and the largest exporter

Algeria is the second largest gas consumer in Africa and the largest exporter

Algeria is the second largest gas consumer on the African continent after Egypt, and at the same time the largest gas exporting country, with a difference of over 20 billion cubic meters from Nigeria, which ranks second in exports, according to recent data obtained by the Energy Research Unit, reflecting a complex balance between strong domestic demand and the country's prominent export role. The same data indicates that gas demand in Algeria during 2025 continued to record record levels, reaching 57.27 billion cubic meters, an increase of 4.67 billion cubic meters and 8.9% compared to 2024, primarily driven by increased reliance on gas for electricity generation, along with expanded consumption in other sectors...

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
UAE's Exit from OPEC: 'A Storm in a Teacup!'.. 'The Speech is Over and the Book is Closed'

UAE's Exit from OPEC: 'A Storm in a Teacup!'.. 'The Speech is Over and the Book is Closed'

The statement by President Abdelmadjid Tebboune sparked widespread reactions on social media platforms within the Kingdom of Saudi Arabia, following his comments on the UAE's exit from the Organization of the Petroleum Exporting Countries 'OPEC' and the 'OPEC+' alliance, affirming that the Kingdom of Saudi Arabia remains the cornerstone of Arab countries within the organization. Tebboune's remarks came during his regular meeting with the press yesterday, Saturday, where he responded to a question regarding the Emirati decision by stating that this development is 'a non-event', adding that 'the main pillar of Arab countries in OPEC is the sisterly Kingdom of Saudi Arabia', before concluding his statement with: 'The speech is over and the book is closed', a phrase that quickly spread on...

May 3, 2026echoroukonline.com
Energy & Hydrocarbons
The speech is over and the book is closed.. UAE's exit from OPEC is a 'storm in a teacup!'

The speech is over and the book is closed.. UAE's exit from OPEC is a 'storm in a teacup!'

The statement by President Abdelmadjid Tebboune sparked widespread interaction on social media platforms within the Kingdom of Saudi Arabia, following his comments on the UAE's exit from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, emphasizing that the Kingdom of Saudi Arabia remains the cornerstone of Arab countries within the organization. President Tebboune's remarks came during his regular meeting with the press yesterday, Saturday, where he responded to a question regarding the UAE's decision, stating that this development is a 'non-event', adding that 'the cornerstone of Arab countries in OPEC is the sisterly Kingdom of Saudi Arabia', before concluding his statement with: 'The speech is over and the book is closed', a phrase that quickly spread on...

May 3, 2026echoroukonline.com