Energy & Hydrocarbons

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

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Slight Increase in Oil Prices

Slight Increase in Oil Prices

Oil prices recorded a slight increase today, Friday. Brent crude futures rose by nine cents, or 0.1 percent, to reach $87.16 per barrel, while West Texas Intermediate crude futures increased by four cents to $81.29 per barrel. Both contracts fell by more than 2 percent in the previous session, giving up part of the gains they had made after six consecutive sessions of increases for Brent and five sessions for West Texas Intermediate, but they are still on track for weekly gains of about four percent.

Aug 14, 2026radioalgerie.dz
Saifi Gharib from Kafra: Algeria and Niger Launch a New Phase in Energy Partnership

Saifi Gharib from Kafra: Algeria and Niger Launch a New Phase in Energy Partnership

Algerian Prime Minister Saifi Gharib, alongside his Nigerien counterpart Ali Mohamed Lamine Zain, today oversaw the official launch of drilling works for the exploratory well 'Kafra Southeast 1', in a step described as 'a new cornerstone in the strategic partnership between Algeria and Niger, and a preliminary phase for the development and exploitation of the oil potential of the Kafra field.' Saifi Gharib confirmed in a speech delivered on the occasion that his visit to Niger was commissioned by President Abdelmadjid Tebboune, noting that his presence once again in Niger reflects the depth of the relations between the two countries, and conveyed President Tebboune's greetings to the leadership, government, and people of Niger, wishing the country more security, stability, and progress.

Aug 13, 2026al24news.dz
Integrated Phosphate Project: A Strategic Project and a Pillar of a Forward-Looking Vision

Integrated Phosphate Project: A Strategic Project and a Pillar of a Forward-Looking Vision

The Integrated Phosphate Project represents a promising initiative and a pillar with assured added value. This strategic facility forms a cornerstone for the forward-looking vision of the President of the Republic, Mr. Abdelmadjid Tebboune. The signing by SONATRACH on Wednesday of two contracts for engineering, supply, and execution marks a new phase in the realization of the Integrated Phosphate Project.

Aug 13, 2026radioalgerie.dz
Decline in Oil Prices

Decline in Oil Prices

Oil prices fell by more than a dollar on Thursday, after analysts lowered their forecasts for global oil demand in 2026. Brent crude futures dropped by $1.29 or 1.5% to $87.69, and West Texas Intermediate crude fell by $1.30 or 1.6% to $81.97.

Aug 13, 2026radioalgerie.dz
Two strategic contracts for the integrated Phosphate project: Saipem and CHEC at work

Two strategic contracts for the integrated Phosphate project: Saipem and CHEC at work

The integrated phosphate project is now entering a new phase, moving towards its effective realization. Two strategic contracts, under the engineering, procurement, and construction (EPC) formula, have been signed between the SONATRACH group and the Algerian Fertilizer company, on one hand, and the Italian company Saipem and the Chinese port engineering company CHEC, on the other hand.

Aug 13, 2026ecotimesdz.com
The lesson of an eclipse

The lesson of an eclipse

Yesterday, Wednesday, August 12, 2026, could have been a normal day. But no! Instead of worrying about evening outing destinations during a summer that turns out to be one of the hottest, the world of Energy faced a problematic situation.

Aug 13, 2026ecotimesdz.com