Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Gold prices plummeted by more than 5% yesterday, marking a decline for the seventh consecutive session, amid rising energy prices and increasing concerns about inflation, which bolstered expectations that major central banks will keep borrowing costs high. Gold fell in spot transactions by 5.5% to $4552.38 per ounce by 12:46 GMT, marking its lowest level since early ...
al24news.dz
Oil prices continued to rise this Thursday morning, amid military escalation in the Gulf and the Middle East, which has entered its twentieth day.
echaab.dz
Oil prices rose by about 6% during trading on Thursday, continuing their gains for the third consecutive session, driven by escalating attacks on energy facilities in the Middle East and worsening geopolitical tensions in the region, which heightened fears of global supply disruptions. According to trading data, Brent crude recorded its highest levels in over a week, with May 2026 futures rising by 5.59% to reach $115.78 per barrel by 10:36 AM GMT, while West Texas Intermediate crude futures for April rose by 0.49% to $96.79 per barrel. View the full content on الشروق أونلاين
echoroukonline.com
Natural gas prices in European markets saw an unprecedented surge at the opening of trading today, rising by 30% to record the highest level since January 10, 2023. At the start of trading, April futures on the Dutch TTF index, the largest gas trading hub in Europe, increased by 31% to $853.7 per thousand cubic meters. This comes …
al24news.dz
The price of Brent crude rose by more than 5 percent today, Thursday, amid new concerns regarding oil supplies. Brent jumped by 5.1 percent to $112.84 per barrel, while West Texas Intermediate rose by 2.5 percent to $98.69 per barrel in Asian trading.
al24news.dz
Brent crude prices rose by more than 5 percent today, Thursday, amid new concerns regarding oil supplies.
echaab.dz
The integration of desalination and renewable energies is the pivot of the profitability of this new Algerian water model.
algeriainvest.info
The realization of the Trans-Saharan Gas Pipeline (TSGP) is becoming clearer. A team from the SONATRACH group is already at work in Niamey.
ecotimesdz.com
In the face of the rapid growth of electricity demand and profound changes in the global energy market, Algeria is accelerating.
ecotimesdz.comBrent crude prices rose by more than four percent on Wednesday after the Iranian Revolutionary Guard threatened to target several energy facilities in the region, in response to an attack on Iranian energy facilities, exacerbating the risks of continued supply disruptions from the area. With no signs of easing tensions with Iran, which has significantly disrupted oil exports from the Middle East, Brent futures surpassed $100 a barrel at settlement in the previous four sessions. Brent futures increased by $4.53, or 4.4 percent, to reach $107.95 a barrel by 1321 GMT on Wednesday, after rising to $108.60 earlier in the session.
al24news.dz
Brent crude prices rose by more than four percent on Wednesday after the Iranian Revolutionary Guard threatened to target several energy facilities in the region, in response to an attack on Iranian energy facilities, exacerbating the risks of continued supply disruptions from the area. With no signs of de-escalation in the conflict with Iran, which has disrupted oil exports from the Middle East...
al24news.dz
After decades of waiting, Algeria has finally and officially started pumping the outputs of solar fields into the national electricity grid as part of the first phase of the national renewable energy program, estimated at 3200 megawatts, specifically in Biskra province by beginning the transfer of production from the El-Ghrous station to one of the transformers in the Tolega area. This step was revealed through a document from the Algerian Electricity and Gas Company via the Electricity Transmission branch and system operator, issued on March 2, 2026, which was reviewed by 'Echorouk', and came in the form of an announcement about the situation under electrical tension. The document stated that the Algerian Electricity and Gas Company/Electricity Transmission and System Operator, represented by the regional directorate for electricity transmission in Ouargla, informs...
echoroukonline.com