
The dollar rises as oil prices increase amid inflation fears
AL24 News - The dollar rises as oil prices increase amid inflation fears - economy
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

AL24 News - The dollar rises as oil prices increase amid inflation fears - economy

The Minister of Energy and Renewable Energies, Mourad Adjall, confirmed Algeria's aspiration to play a pivotal role in the development and trade of energy in Africa, by sharing its expertise in training, technical assistance, and project implementation, while enhancing energy integration at the continental level. The minister explained, during his participation in the twelfth session of the African Regional Forum on Sustainable Development, that Algeria is working in partnership with Nigeria and Niger to develop the Trans-Saharan Gas Pipeline project, which is expected to be a key lever for establishing regional and continental energy integration, within the framework of the high-level conference dedicated to the seventh goal of the Sustainable Development Goals related to ensuring access...

Oil prices surged today, Thursday, after a report indicated that the United States is considering the possibility of launching new military action against Iran to break the deadlock in negotiations aimed at ending the war, exacerbating fears of further disruptions in supplies from the Middle East.

Algeria - The Minister of State, Minister of Energy, Mohamed Arqab, received today, Wednesday, in Algiers, the Polish Deputy Minister of State Property, Grzegorz Wierona, where the two sides discussed ways to enhance bilateral cooperation relations and opportunities for partnership and investment between SONATRACH and leading Polish companies, especially in the fields of oil and gas production, refining, petrochemicals, and equipment manufacturing, according to a statement from the ministry.

Algeria - Algeria confirmed today, Wednesday, its commitment "with steadfastness and determination" within the Organization of the Petroleum Exporting Countries (OPEC) as well as the cooperation declaration (OPEC+), which represent the two main frameworks for the stability of the global oil market, according to a statement from the Ministry of Energy.

Algeria - Energy and Renewable Energies Minister, Mourad Adjall, highlighted today, Wednesday, during his participation in the 12th session of the African Regional Forum on Sustainable Development, Algeria's desire to contribute to supporting and developing energy in Africa, and to play a central role in enhancing its trade by sharing its expertise in training, technical assistance, and project implementation, noting that the Trans-Saharan Gas Pipeline project consolidates continental energy integration.

Algeria confirmed its commitment "with all firmness and determination" within the Organization of the Petroleum Exporting Countries (OPEC) as well as the cooperation declaration (OPEC+), which represent the two main frameworks for the stability of the global oil market, according to a statement from the Ministry of Energy, today Wednesday. Algeria recalled the strategic and structural role of OPEC in defending the interests of producing countries and stabilizing oil markets while establishing a balanced dialogue with consuming countries.

The Minister of State, Minister of Energy received the Deputy Minister of State Assets of the Republic of Poland. #Ministry_of_Energy #Mohamed_Arqab #Cooperation The Minister of State, Minister of Energy, Mr. Mohamed Arqab, received the Deputy Minister of State Assets of the Republic of Poland, Grzegorz Wrona, who was accompanied by officials from the Polish group 'Azoty' and the 'ORLEN' group, in the presence of the CEO of SONATRACH, Nourredine Daoudi, and executives from […]

AL24 News - Algeria confirms its commitment within OPEC and the OPEC+ cooperation declaration - news

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The Minister of State, Minister of Energy, Mohamed Arkab, discussed ambitious technical proposals with the Polish Deputy Minister of State Assets, Grzegorz Wierona, including the establishment of a joint project in Algeria for the production of methanol and melamine, as well as the construction of a plant for the production of phosphoric acid, and the development of green ammonia production projects using innovative technologies that contribute to reducing the carbon footprint, as well as exploring mechanisms to intensify cooperation and exchange technical and technological expertise and training. This came during Arkab's reception of the Polish official on Wednesday in Algiers, where both sides discussed ways to enhance bilateral cooperation relations and partnership and investment opportunities between SONATRACH and leading Polish companies, especially in the fields of...

Algeria has renewed its commitment to the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ framework, considering them the main mechanisms to ensure the stability of the global oil market, emphasizing the continuation of work in the spirit of solidarity, consultation, and collective discipline among member states. Algeria stated, in a statement from the Ministry of Energy, that OPEC plays a strategic and structural role in defending the interests of producing countries, establishing stability in oil markets, and enhancing balanced dialogue with consuming countries, noting that the organization has proven throughout its history its ability to maintain global market balances and respond regularly to the increasing demand for oil in line with global economic growth. شاهد المحتوى كام...