
Oil: How China is circumventing the crisis
Contrary to what some might believe, China seems to be coping quite well with the energy crisis caused by the
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Contrary to what some might believe, China seems to be coping quite well with the energy crisis caused by the

The Executive Director of the International Energy Agency, Fatih Birol, stated on Monday that the agency is ready to release additional quantities of strategic oil stocks 'if necessary,' following a decision to pump 400 million barrels. Birol added in a video statement: 'Regarding the stocks held by governments and the industrial sector, if we combine them, there will be more than 1.4 billion barrels left, which means ...'

The Annaba Port Authority signed a memorandum of understanding with the Research Center for the Environment in Annaba on Monday to launch a berth electrification project using innovative technology developed by local researchers, aimed at enabling docked ships to directly receive electrical power from the berths and stop their engines during the docking period. This project is part of the energy transition policy established by President Abdelmadjid Tebboune, and in implementation of the directives of the Minister of Interior, Local Communities, and Transport, Saïd Sayoud, to reduce pollutant emissions and improve energy efficiency in national ports. Read the full content on Echourouk Online.

Oil prices fell today, Monday, in early Asian trading.

Wars in the twenty-first century are no longer decided solely on battlefields, but their endings are written in energy markets, financial markets, and global supply chains.

Coinciding with the third week of the American-Zionist war against Iran.

Algeria has great ambitions to increase its hydrocarbon production while renewing its reserves with the strengthening of

The International Energy Agency stated today, Sunday, that its emergency oil reserves will soon begin to flow into global markets, with member countries pledging to provide 411.9 million barrels of oil. The International Energy Agency clarified in a statement that governments committed to providing 271.7 million barrels of oil from their stockpiles, 116.6 million from dedicated industry stocks, and 23.6 million from other sources. It noted that 72% of the quantities to be released will be crude oil, and 28% petroleum products, while the agency revealed that stocks from Asian and Oceania countries will be available immediately, while stocks from Europe and the Americas will be available by the end of March.

The International Energy Agency stated today, Sunday, that its emergency oil reserves will soon begin to flow into global markets, with member countries pledging to provide 411.9 million barrels of oil. The International Energy Agency clarified in a statement that governments committed to providing 271.7 million barrels of oil from their stockpiles, 116.6 million from dedicated industry stocks, and 23.6 million from other sources.

Algeria - The Ministry of Energy and Mines confirmed that the upcoming bidding round 'Algeria Bid Round 2026', which the National Agency for the Valorization of Hydrocarbon Resources (Naftal) is preparing to launch, represents an important step that will open a 'new era of opportunities' in the field of hydrocarbon exploration and development.

The Ministry of Hydrocarbons and Mines confirmed that the upcoming bidding round “Algeria Bid Round 2026”, to be launched by the National Agency for the Valorization of Hydrocarbon Resources “Naftal”, represents a strategic step that opens “a new era of opportunities” in the field of hydrocarbon exploration and development, providing extensive investment opportunities in promising sites and world-class assets. The ministry clarified in a post on its official Facebook page that additional details about the round will be revealed “soon”, confirming that Algeria is moving forward to exploit new potentials, enhance strategic partnerships, and shape the future of the hydrocarbon sector development. Read the full content on Echourouk Online.

A report published by Africa Business Insider, based on data from Global Petrolprices, indicated that Algeria recorded a slight decrease in fuel prices in March 2026 compared to global prices, making it one of the ten African countries with the lowest fuel costs, despite the rise in average global prices from $1.30 per liter to $1.35 per liter. The site noted that fuel prices in Tunisia and Niger also saw a slight decrease, while prices rose in Egypt, Nigeria, Ethiopia, and Liberia, and remained stable in Libya, Sudan, and Angola compared to the previous month. Read the full content on الشروق أونلاين.