Energy & Hydrocarbons

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

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Energy & Hydrocarbons
Algeria Among the Least Expensive Countries Globally in Electricity Prices

Algeria Among the Least Expensive Countries Globally in Electricity Prices

Data from the specialized energy platform shows that Algeria records about $0.041 per kWh, placing it among the low-cost countries globally and enhancing its ability to maintain price stability internally despite fluctuations in energy markets. According to the same database, Iran tops the list of the cheapest electricity prices globally at $0.002 per kWh, followed by Ethiopia at $0.006, then Libya at $0.008, and Kyrgyzstan at $0.010, while prices in other countries such as Angola ($0.012), Sudan ($0.014), Bhutan ($0.015), Syria ($0.018), and Egypt ($0.024) range up to Kazakhstan ($0.035), Uzbekistan ($0.038), and Iraq ($0.040), before Algeria.

Apr 15, 2026echoroukonline.com
Energy & Hydrocarbons
SONATRACH and South Korea Discuss New Contracts and Expanding Partnership in Hydrocarbons

SONATRACH and South Korea Discuss New Contracts and Expanding Partnership in Hydrocarbons

The SONATRACH group discussed with a delegation from the South Korean Ministry of Foreign Affairs, led by the Deputy Minister for Economic Affairs and Special Envoy, Park Jung-han, ways to enhance trade relations in the hydrocarbons sector, focusing on concluding new marketing contracts in the medium and long term and expanding cooperation between the two parties. This took place during the reception of the South Korean delegation by the CEO of SONATRACH, Nourredine Daoudi, on Tuesday, where both sides discussed the reality of existing trade relations, especially regarding crude oil supplies and petroleum products, particularly naphtha. Read the full content on Echourouk Online.

Apr 15, 2026echoroukonline.com
Energy & Hydrocarbons
Follow-up on the Integrated Phosphate Project and Strengthening Coordination to Accelerate Its Completion

Follow-up on the Integrated Phosphate Project and Strengthening Coordination to Accelerate Its Completion

The Minister of State, Minister of Energy, Mohamed Arkab, and the Minister of Mines and Mining Industries, Mourad Hanifi, emphasized the need to intensify coordination among various stakeholders and adhere to the specified deadlines for the realization of the integrated phosphate project, in implementation of the directives of the President of the Republic, Abdelmadjid Tebboune, aimed at enhancing natural resources and building a processing industry based on added value. This came during a coordination meeting held yesterday, Tuesday, dedicated to studying the latest developments of the strategic project in the regions of El Hadba and Oued Kbiret, where the progress of its various components was reviewed, within the framework of an integrated project for the exploitation and chemical transformation of phosphate in partnership between the SONATRACH and SONAREM groups, aimed at enhancing national resources.

Apr 15, 2026echoroukonline.com
Energy & Hydrocarbons
Oil: Brent crude falls to $94.27 per barrel

Oil: Brent crude falls to $94.27 per barrel

Oil prices fell for the second consecutive day at the start of Asian trading this Wednesday. Brent crude futures dropped by 52 cents, or 0.55 percent, to $94.27 per barrel after a 4.6 percent decline in the previous session. West Texas Intermediate crude fell by $1.04, or 1.1 percent, to $90.24 after a 7.9 percent drop in the previous session.

Apr 15, 2026radioalgerie.dz
Energy & Hydrocarbons
Coordinating meeting to follow up on the integrated phosphate project in the east of the country

Coordinating meeting to follow up on the integrated phosphate project in the east of the country

Algeria - The Minister of State, Minister of Energy, Mohamed Arkab, along with the Minister of Mines and Mining Industries, Mourad Hanifi, chaired a coordinating meeting today, Tuesday, in Algiers, dedicated to following up on the progress of the integrated phosphate project in the regions of Hadba and Oued Kébrit, according to a statement from the Ministry of Energy.

Apr 14, 2026aps.dz