Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Algeria and Tunisia discussed ways to enhance bilateral cooperation in the fields of energy, hydrocarbons, mining, and renewable energies, focusing on electrical interconnection projects and the exploitation and transformation of phosphate products, according to a joint statement from the Ministries of Hydrocarbons, Mining, Energy, and Renewable Energies.
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The Minister of Energy and Renewable Energies, Mourad Ajal, chaired a large meeting today, Wednesday, with several executive officials from the SONELGAZ group, along with key officials from the ministry, to follow up on the implementation level of strategic and vital projects that ensure energy supply security and improve the quality of public service, according to a statement from the ministry. The meeting was dedicated to studying important files related to the group's activities, including preparations for the summer of 2026, structured projects, the establishment of new distribution directorates, and the consumption situation of agricultural investments that have been put into service.
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Oil prices fell at settlement yesterday, Tuesday. Brent for June delivery dropped by $3.42 to $103.97 per barrel, and May futures for Brent fell by $5.57, or 4.94%, to settle at $118.35 per barrel. West Texas Intermediate futures dropped by $1.50, or 1.46%, to $101.38.
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Two days of intense debates, more than 700 experts, decision-makers, and engineers gathered in the capital of the West: the
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A second international tender 'Algeria Bid Round 2026' will be launched shortly by the National Agency for Resource Valorization
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The economic repercussions on Algeria are evident: increased foreign currency revenues from oil exports.
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Algeria - The Minister of State, Minister of Hydrocarbons and Mining, Mr. Mohamed Arkab, today Tuesday in Algiers, discussed with the Indian Ministry of External Affairs Secretary for Cooperation with South Countries, Ms. Nina Malhotra, ways to enhance bilateral cooperation in the fields of hydrocarbons, mining, and desalination, according to a statement from the ministry.
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Algeria - The CEO of the National Company for Mining Research and Exploitation (SONARAM), Mr. Redha Belhaj, received today, Tuesday, Mr. N’GUESSAN FILBERT, Director of Industrial Mining Research and Exploitation in the Republic of Côte d'Ivoire, along with a delegation from the Ivorian mining sector, as part of enhancing African cooperation and implementing a bilateral agreement in the fields of hydrocarbons and mining signed on March 28, 2026, according to a statement from the company.
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Oran - Participants in the eighth conference of the Algerian Gas Industry Association, which concluded its activities this Tuesday evening in Oran, emphasized the necessity of enhancing the position of natural gas as a key element in achieving energy security, especially in light of the rapid global transformations towards cleaner and more sustainable energies.
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The Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, discussed with the Serbian Minister responsible for international economic cooperation and Deputy.
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The Secretary General of the African Petroleum Producers Organization, Farid Ghazali, expects the full and actual operation of the Trans-Saharan Gas Pipeline Project to begin in early 2029, in a statement he gave to the 'Algeria International' channel. Ghazali also praised Algeria's strategic contribution and its institutions in developing the gas sector in Africa and the region, and its leading role in liquefied natural gas production. Watch the full content on Echourouk Online.
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The Minister of State, Minister of Hydrocarbons and Mining, Mohamed Arkab, discussed with the Indian Ministry of External Affairs Secretary for Cooperation with South Countries, Nina Malhotra, ways to enhance bilateral cooperation in the fields of hydrocarbons, mining, and seawater desalination. According to the Ministry of Hydrocarbons, the meeting took place today, Tuesday, March 31, at the ministry's headquarters, as part of the official visit by the Indian official to Algeria on the occasion of the seventh session of Algerian-Indian political consultations. Read the full content on Echourouk Online.
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