Energy & Hydrocarbons

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

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Energy & Hydrocarbons
Establishment of 'Sonelgaz-International' to Enhance External Presence and Export Energy Expertise

Establishment of 'Sonelgaz-International' to Enhance External Presence and Export Energy Expertise

The Ministry of Energy and Renewable Energies announced today, Tuesday, in a statement, the establishment of a new company named 'Sonelgaz-International' as part of the implementation of the high directives of the President of the Republic, Mr. Abdelmadjid Tebboune, aimed at consolidating the foundations of a diversified national economy integrated into its regional and international environment, and enhancing the access of national institutions to foreign markets.

Mar 24, 2026radioalgerie.dz
Energy & Hydrocarbons
High Joint Committee in Niamey: Signing of a Memorandum of Understanding between Algeria and Niger in the Field of Hydrocarbons

High Joint Committee in Niamey: Signing of a Memorandum of Understanding between Algeria and Niger in the Field of Hydrocarbons

On Tuesday in Niamey (Niger), a Memorandum of Understanding was signed between Algeria and the Republic of Niger in the field of hydrocarbons, aimed at promoting bilateral cooperation through the development of joint projects, according to a statement from the Ministry of Hydrocarbons and Mines. The signing took place on the sidelines of the second session of the Algerian-Nigerian High Joint Committee for Cooperation, held in the Nigerien capital on March 23 and 24, co-chaired by Prime Minister Mr. Sefi Gharib and his Nigerien counterpart Mr. Ali Lamine Zen, with the participation of a significant ministerial delegation including several government members and senior officials.

Mar 24, 2026radioalgerie.dz
Energy & Hydrocarbons
Oil: Brent crude rises to over $101 per barrel

Oil: Brent crude rises to over $101 per barrel

Oil prices resumed their rise this Tuesday in a market buoyed by demand amid ongoing military escalation in the Middle East and Gulf region. During morning trading, the price of North Sea Brent crude for May delivery rose by 1.36% to reach $101.30. Meanwhile, West Texas Intermediate crude gained 2.44% for the same month, reaching a price of $90.28.

Mar 24, 2026radioalgerie.dz
Energy & Hydrocarbons
Start of phosphate extraction at the Blad El Hadba mine at the end of April

Start of phosphate extraction at the Blad El Hadba mine at the end of April

The head of the office of the Secretary of State for Mines at the Ministry of Energy and Mines, Jamal Eddine Choutri, announced on Monday the commencement of operations at the integrated phosphate mine in Blad El Hadba in Tebessa province at the end of next April, with a dedicated export dock at the port of Bejaia. Jamal Eddine Choutri confirmed during his appearance on the 'Forum Al Oula' program on the first radio channel that there is coordination among various sectors to implement the zinc and lead project. At the level of the Tala Hamza and Oued Amizour project, the energy sector is responsible for connecting the electricity network, while the public works sector is tasked with linking the road to the access to the highway, in addition to constructing an overhead bridge connecting the mine to the life base, alongside ongoing works at the level of...

Mar 23, 2026echoroukonline.com
Trade & Exports
From Gas to Investment: Towards a Deeper Economic Partnership Between Algeria and Italy

From Gas to Investment: Towards a Deeper Economic Partnership Between Algeria and Italy

The volume of trade between Algeria and Italy reached 12.98 billion euros in 2025, according to data from the Italian agency 'Nova', with energy continuing to dominate the structure of exchanges, primarily natural gas, which enhances Algeria's position as a key strategic supplier to the Italian market. According to the agency, Italian exports to Algeria amounted to 3.2 billion euros, marking an increase of 13.8% compared to 2024, driven mainly by an increase in oil refining product exports which reached 435 million euros (+64.2%), in addition to general-purpose machinery valued at 428 million euros (+50.9%), and other general-purpose machinery valued at 347 million euros (+51.0%), including equipment directed to...

Mar 23, 2026echoroukonline.com
Energy & Hydrocarbons
AL24 | الاقتصاد

Chinese state refineries consider buying Iranian oil

Chinese companies are considering purchasing Iranian crude oil in an effort to mitigate rising prices due to the war against Iran. Bloomberg reported from informed sources that state-owned refineries in China are exploring the purchase of Iranian crude oil, after Washington allowed the sale of some Iranian oil already loaded on tankers in international waters. The sources added that representatives from the National Iranian Oil Company and traders acting as intermediaries have also surveyed potential buyers among these companies and other Asian refining companies. Iran was previously a major oil supplier to top Asian importers, including South Korea and Japan, before...

Mar 23, 2026al24news.dz