
Oil prices approach this threshold
The UAE's withdrawal from OPEC did not lead to its decline.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

The UAE's withdrawal from OPEC did not lead to its decline.

This strategy aims to develop liquefied natural gas (LNG) production capacities to access new markets.

The municipality of El Aouinet, in the wilaya of Tébessa, has become, since last Monday, the nerve center of the strategy

In a historic move that has shifted the balance of power in the global energy market, the United Arab Emirates has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance.

The economy of Algeria news

Algeria - The Minister of State, Minister of Energy, Mr. Mohamed Arkab, confirmed today, Tuesday in Algiers, Algeria's commitment to fulfilling its international energy obligations, pointing out that the country has important structural components that allow it to strengthen its position as a reliable partner in the long term on the international stage.

Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Tuesday in Algiers, the special envoy for energy security and raw materials from the Belgian Ministry of Foreign Affairs, Geert Moil, accompanied by a delegation of officials from Belgian companies and institutions, according to a statement from the ministry.

The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received the special envoy for energy security and raw materials from the Belgian Ministry of Foreign Affairs, Geert Moil, accompanied by a delegation.

The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, confirmed today, Tuesday in Algiers, Algeria's commitment to fulfilling its international energy obligations. The minister pointed out that the country has significant structural components that allow it to strengthen its position as a reliable partner in the long term on the international stage. Arkab made this statement during a high-level meeting titled: 'Energy and Mines: How Algeria works…'

The Minister of State, Minister of Energy, Mohamed Arkab, confirmed today, Tuesday in Algiers, Algeria's commitment to fulfilling its international energy obligations. The minister pointed out that the country has significant structural components that allow it to enhance its position as a reliable partner in the long term on the international stage. Arkab made this statement during a high-level meeting titled: 'Energy and Mines: How Algeria works…'

DZD economy aliqtissad dz Algeria economy news

Today, Tuesday, April 28, State Minister and Minister of Hydrocarbons, Mohamed Arkab, met at his ministry's headquarters with the Belgian Foreign Ministry's special envoy for energy security and critical raw materials, Geert Moil, to discuss ways to enhance bilateral cooperation in the hydrocarbons and oil and gas industry. They also reviewed investment and partnership opportunities between SONATRACH and Belgian companies across various segments of the value chain, particularly in refining and petrochemicals. According to the ministry, the discussions also addressed ways to strengthen trade relations in the fields of oil, natural gas, liquefied petroleum gas, and petroleum products, as well as mechanisms to support investment and develop partnerships.