Energy & Hydrocarbons

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

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Energy & Hydrocarbons
Algeria a Key Hub in China's New Energy Strategy

Algeria a Key Hub in China's New Energy Strategy

China is rapidly deepening its presence in North Africa, with Algeria at the forefront, as part of a strategy aimed at securing alternative energy sources and diversifying supply chains amid global geopolitical tensions and shipping route disruptions, according to the South China Morning Post. A report from the newspaper last week indicated that Algeria stands out as one of the most important hubs of this transformation, given its role as a major supplier of oil and gas, and its extensive relationships with Chinese companies, where state-owned Chinese firms manage billions of dollars in investments in infrastructure and energy within the country, enhancing its position in China's new energy security strategy. Read the full content on ...

Apr 25, 2026echoroukonline.com
Energy & Hydrocarbons
Oil prices rise in global markets - Iqtissad Al Balad

Oil prices rise in global markets - Iqtissad Al Balad

Oil prices saw a significant increase during the past week, despite the fluctuations experienced in the market last Friday, as a large part of the movements was due to developments related to supply disruptions, as well as hopes for the resumption of talks between the United States and Iran, which could help ease concerns about global supply shortages.

Apr 25, 2026iqtissadalbalad.dz
Economic Policy
Algeria Ranks Third in the Prosperity Index in Africa for 2026

Algeria Ranks Third in the Prosperity Index in Africa for 2026

Algeria ranked third in the list of the most prosperous countries in Africa for 2026, according to the 'HelloSafe' index, which awarded it 54.24 points, behind Seychelles in first place with 98.09 points and Mauritius with 77.09 points, based on criteria including GDP, national income, human development index, income distribution, and poverty levels. Algeria's ranking reflects its economic position supported by its large hydrocarbon resources, which are a fundamental pillar for government spending and social programs, contributing to a relative reduction in income disparity, despite ongoing challenges in diversifying the economy and reducing dependence on oil and gas revenues. Read the full content on الشروق أونلا...

Apr 25, 2026echoroukonline.com
Energy & Hydrocarbons
Ajjal Calls for Accelerating the Partnership between SONELGAZ and 'VTP' to Enhance Exports to Africa

Ajjal Calls for Accelerating the Partnership between SONELGAZ and 'VTP' to Enhance Exports to Africa

The Minister of Energy and Renewable Energies, Mourad Ajjal, called for accelerating the pace of the cooperation project between SONELGAZ and the 'VTP' company in Blida, with the launch of the qualification process for the company's equipment by SONELGAZ-Services, in a step aimed at supporting local production and enhancing access for Algerian products to African markets. The minister's statements came during his reception on Thursday of a delegation of officials from the company specialized in manufacturing tempered glass insulators for electricity transmission and distribution networks, led by General Director Mohamed Ranja, in the presence of ministry officials, as part of implementing the directives of President Abdelmadjid Tebboune calling for support for local manufacturers and investors.

Apr 25, 2026echoroukonline.com
Energy & Hydrocarbons
Oil: Brent crude exceeds $105 per barrel

Oil: Brent crude exceeds $105 per barrel

Oil prices recorded an increase of more than 3 percent at settlement on Thursday. Brent crude futures rose by $3.16 or 3.1 percent, reaching $105.07 at settlement. Meanwhile, West Texas Intermediate crude futures increased by $2.89 or 3.11 percent, reaching $95.85 per barrel at settlement.

Apr 24, 2026radioalgerie.dz