Energy & Hydrocarbons

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

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Oil: Brent crude above $80 per barrel

Oil: Brent crude above $80 per barrel

Oil prices recorded a slight increase today, Wednesday, after a 10 percent decline since the beginning of the week, amid market anticipation of geopolitical developments in the Middle East. In early morning trading, the price of Brent crude for October delivery rose by 1.34 percent to $80.42 per barrel. Meanwhile, its American counterpart, West Texas Intermediate crude for September delivery, increased by 0.70 percent to $76.30 per barrel.

Aug 5, 2026radioalgerie.dz
Establishment of the National Agency for Energy Control and Energy Efficiency

Establishment of the National Agency for Energy Control and Energy Efficiency

The latest issue of the official gazette (No. 56) published an executive decree that includes the establishment of the National Agency for Energy Control and Energy Efficiency, defining its tasks, organization, and operation. The new agency integrates both the National Agency for Energy Development and Rational Use and the Renewable Energy and Energy Efficiency Conservation, which are being dissolved, with a transitional period of 6 months set for the transfer of assets to the new agency.

Aug 4, 2026radioalgerie.dz
The energy report for July 2026: Analysis by the Director of Técnicas Reunidas Algeria

The energy report for July 2026: Analysis by the Director of Técnicas Reunidas Algeria

In his monthly review of the energy and oil market in Algeria, Mariano López Dormal, director of Técnicas Reunidas in Algeria, presents the report of a particularly busy July for the Algerian energy sector. According to his analysis, the country confirms month after month its growing strategic importance in regional and international markets. A series of developments that confirm Algeria's role as a pillar of European energy security, at a time when instability in international markets is reshuffling the cards.

Aug 4, 2026ecotimesdz.com