Energy & Hydrocarbons

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

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OPEC+ raises its production by 206,000 barrels per day during May

OPEC+ raises its production by 206,000 barrels per day during May

The eight countries involved in voluntary production cuts within OPEC+, along with Saudi Arabia, the United Arab Emirates, Iraq, Kazakhstan, Kuwait, Oman, and Russia, decided to increase their total production by 206,000 barrels per day during May. According to a statement from the Ministry of Energy and Mines, this decision was made during the ministerial meetings dedicated to monitoring the implementation of evaluation and follow-up mechanisms related to the decisions of the participating countries in the cooperation declaration (OPEC+), on Sunday, April 5, which saw Algeria participate via videoconferencing. Read the full content on Echourouk Online.

Apr 5, 2026echoroukonline.com
OPEC+ Increases Production by 206,000 Barrels Per Day in May

OPEC+ Increases Production by 206,000 Barrels Per Day in May

The eight countries involved in voluntary production cuts within OPEC+, along with Saudi Arabia, the United Arab Emirates, Iraq, Kazakhstan, Kuwait, Oman, and Russia, have decided to increase their total production by 206,000 barrels per day during May. According to a statement from the Ministry of Energy and Mines, this decision was made during the ministerial meetings dedicated to monitoring the implementation of evaluation and follow-up mechanisms related to the decisions of the participating countries in the Declaration of Cooperation (OPEC+), on Sunday, April 5, which saw Algeria participating via video conferencing. Read the full content on Echourouk Online.

Apr 5, 2026echoroukonline.com
Ajjal Chairs a Meeting to Discuss Sector Management Files

Ajjal Chairs a Meeting to Discuss Sector Management Files

Dr. Mourad Ajjal, Minister of Energy and Renewable Energies, chaired a meeting today, Sunday, April 5, 2026, which included several key officials from the ministry and representatives from the Atomic Energy Authority (CMENA), to discuss several files related to the management of the sector's activities. During the meeting, detailed presentations were made on the items listed on the agenda, where the minister issued his directives and instructions to ensure the follow-up of decision implementation and to enhance the efficiency of sector management. Watch the full content on Echourouk Online.

Apr 5, 2026echoroukonline.com
OPEC+ Considers Increasing Oil Production Amid Hormuz Strait Crisis

OPEC+ Considers Increasing Oil Production Amid Hormuz Strait Crisis

Four sources from the OPEC+ alliance, which includes the Organization of the Petroleum Exporting Countries and its allies, reported that the alliance may approve an increase in oil production today, Sunday, but it will likely be 'theoretical' only, as major member countries are unable to raise production due to the American-Zionist war on Iran, according to Reuters. Reuters noted that the conflict has effectively closed the Hormuz Strait since the end of February, which is the most important global oil export route, leading to the largest supply disruption ever, with global production declining by between 12 and 15 million barrels per day, or about 15% of global supplies. Read the full content on Echourouk Online.

Apr 5, 2026echoroukonline.com
Tala Hamza Mine Ranks Among the Largest Lead and Zinc Mines in the World.. Report Reveals

Tala Hamza Mine Ranks Among the Largest Lead and Zinc Mines in the World.. Report Reveals

The zinc and lead mine in Tala Hamza and Amezour in Bejaia is expected to rank seventh globally in zinc production, with a capacity of 170,000 tons annually, which approaches the production levels of some major European mines, enhancing Algeria's position among the top global producers, according to a report from a specialized energy research platform. According to the report, the project relies on reserves estimated at about 54 million tons, of which 34 million tons are extractable, with a mineral composition of 78% zinc and 22% lead, extending over approximately 23.4 hectares, placing it among the largest mines globally in terms of reserves, and giving Algeria a leading position among the top three countries globally in zinc reserves. See the full content...

Apr 5, 2026echoroukonline.com
Hydrocarbons: Launch of an Initiative to Establish a Forum for African Regulatory Bodies

Hydrocarbons: Launch of an Initiative to Establish a Forum for African Regulatory Bodies

Both the Hydrocarbons Regulatory Authority and the Organization of African Petroleum Producing Countries discussed launching an initiative to establish a forum for regulatory bodies in the hydrocarbons sector on the continent, according to a statement from the authority this Sunday. This came during a meeting where the President of the Hydrocarbons Regulatory Authority, Amin Ramini, received the Secretary General of the Organization of African Petroleum Producing Countries, Farid Ghazali, in early April, where they addressed topics of mutual interest, particularly the authority's tasks and expertise in regulating and monitoring hydrocarbon activities, according to the same source.

Apr 5, 2026radioalgerie.dz