Energy & Hydrocarbons

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

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Energy & Hydrocarbons
AL24 | الاقتصاد

Coordination meeting of the Group of Seven within OPEC+ with Algeria's participation

The Algerian Minister of State, Minister of Energy, Mohamed Arkab, is participating today, Sunday, via video conferencing, in the coordination meeting of the Group of Seven within the framework of the OPEC+ alliance, which includes Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia. According to a statement from the Algerian Ministry of Energy, this meeting comes as part of the regular follow-up on the global oil market situation and to enhance coordination among the seven countries participating in the OPEC+ cooperation declaration, which implements voluntary adjustments in their production levels. During this meeting, the ministers will engage in an in-depth exchange on the short-term prospects of the oil market, in light of the developments in supply and demand fundamentals.

May 3, 2026al24news.dz
Energy & Hydrocarbons
Arqab to participate tomorrow, Sunday, in a coordination meeting of the G7 countries to discuss developments in the oil market

Arqab to participate tomorrow, Sunday, in a coordination meeting of the G7 countries to discuss developments in the oil market

Algeria - The Minister of State, Minister of Energy, Mohamed Arqab, will participate tomorrow, Sunday, via videoconference, in the coordination meeting of the G7 countries within the framework of 'OPEC+', dedicated to monitoring developments in the global oil market and enhancing coordination among the participating countries in the cooperation declaration, according to a statement from the ministry on Saturday.

May 2, 2026aps.dz
Energy & Hydrocarbons
Arkab Participates in OPEC+ Coordination Meeting

Arkab Participates in OPEC+ Coordination Meeting

The Minister of State, Minister of Energy, Mohamed Arkab, will participate tomorrow, Sunday, via videoconference, in the coordination meeting of the Group of Seven countries within the framework of 'OPEC+', aimed at monitoring developments in the global oil market and enhancing coordination among the participating countries in the Declaration of Cooperation, according to a statement from the ministry on Saturday. The same source clarified that the meeting will bring together the ministers of Algeria […]

May 2, 2026echaab.dz
Energy & Hydrocarbons
OPEC+ Holds Important Meeting with Minister Arqab

OPEC+ Holds Important Meeting with Minister Arqab

The Minister of State, Minister of Energy, Mohamed Arqab, will participate tomorrow, Sunday, May 3, via videoconference, in the coordination meeting of the Group of Seven within the framework of OPEC+, according to the Ministry of Energy. According to the same source, the meeting, which will include Algeria, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia, comes as part of the regular monitoring of the global oil market situation and enhancing coordination among the seven countries participating in the cooperation declaration (OPEC+), which implements voluntary adjustments in their production levels. Read the full content on Echourouk Online.

May 2, 2026echoroukonline.com
Energy & Hydrocarbons
AL24 | الاقتصاد

"OPEC+" heads towards a new increase in oil production

Reuters reported from two informed sources that a coalition of seven member countries in the "OPEC+" alliance has preliminarily agreed ahead of the meeting scheduled for tomorrow, Sunday, to raise oil production targets by about 188,000 barrels per day in June. The increase in production is largely symbolic at this time, with most shipments through the Strait of Hormuz halted due to the U.S.-Israeli war against Iran, which is causing much greater disruption in the production of OPEC member countries compared to the targets agreed upon by the group. This increase is close to that approved last month, which was 206,000 barrels per day, after deducting the share of the UAE, which unexpectedly announced last week its decision to withdraw starting from the first...

May 2, 2026al24news.dz
Energy & Hydrocarbons
OPEC+ Moves Towards New Increase in Oil Production

OPEC+ Moves Towards New Increase in Oil Production

Reuters reported that two informed sources said that a coalition of seven member countries in the OPEC+ alliance has tentatively agreed ahead of the meeting scheduled for tomorrow, Sunday, to raise oil production targets by about 188,000 barrels per day in June.

May 2, 2026al24news.dz