Energy & Hydrocarbons

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

Showing 2,149–2,160 of 3,003 articles
Energy & Hydrocarbons
Minister of Energy Receives Delegation from 'El Sewedy Electric Algeria' to Discuss Cooperation with SONELGAZ

Minister of Energy Receives Delegation from 'El Sewedy Electric Algeria' to Discuss Cooperation with SONELGAZ

Algeria - The Minister of Energy and Renewable Energies, Mourad Ajal, received today, Tuesday in Algiers, a delegation from 'El Sewedy Electric Algeria' led by its General Manager, Mustafa Awad Al-Halwani, where the status of cooperation with the Egyptian partner and the progress of the agreements signed with the SONELGAZ group were discussed, according to a statement from the ministry.

Mar 10, 2026aps.dz
Energy & Hydrocarbons
Ajjal discusses with 'Swedy Electric' entry into energy markets in Africa and the Middle East

Ajjal discusses with 'Swedy Electric' entry into energy markets in Africa and the Middle East

The Minister of Energy and Renewable Energies, Mourad Ajjal, discussed today, Tuesday, March 10, with a delegation of key officials from Swedy Electric Algeria, led by Mostafa Awad Al-Halwani, the company's General Director, the status of cooperation with the Egyptian partner and the level of progress regarding the agreements linking the Algerian energy operator Sonelgaz and Swedy Electric. According to a statement from the ministry, Ajjal spoke during the meeting held at the ministry about the status of cooperation between Sonelgaz and Swedy Electric, praising the level of commitment of the Egyptian partner to all its obligations. Read the full content on Echourouk Online.

Mar 10, 2026echoroukonline.com
Energy & Hydrocarbons
The European Commission allocates 200 million euros to correct a strategic mistake

The European Commission allocates 200 million euros to correct a strategic mistake

European Commission President Ursula von der Leyen stated today, Tuesday, that Europe's abandonment of civil nuclear energy was a 'strategic mistake.' Von der Leyen confirmed at the opening of a nuclear energy summit held on the outskirts of Paris that the European Union will allocate 200 million euros to support innovation in nuclear energy technology and to stimulate investments in the development of small modular nuclear reactors, stating: 'It was a mistake ...'

Mar 10, 2026al24news.dz
Energy & Hydrocarbons
The war in the Middle East reduces oil production by 6.7 million barrels per day and warnings of catastrophic consequences

The war in the Middle East reduces oil production by 6.7 million barrels per day and warnings of catastrophic consequences

Oil production cuts in the Middle East are widening as the vital Strait of Hormuz remains nearly shut down, increasing chaos in energy markets, amid warnings from major producers of catastrophic consequences. The war in the Middle East, which has entered its second week, and the effective closure of the main export route, along with the resulting filling of storage facilities, have led major producers to cut oil production.

Mar 10, 2026al24news.dz
Energy & Hydrocarbons
Strait of Hormuz: Revolutionary Guard Sets New Condition for Passage

Strait of Hormuz: Revolutionary Guard Sets New Condition for Passage

Iranian state media reported that the Iranian Revolutionary Guard announced that Arab and European countries expelling U.S. and Israeli ambassadors will enjoy full freedom to transit through the Strait of Hormuz, the strategic maritime passage that carries about one-fifth of global oil and liquefied natural gas exports. This announcement came amid a halt in maritime shipping and energy exports through the strait, leading to hundreds of ships remaining anchored on both sides of the waterway, causing heightened tension in global oil and shipping markets. Read the full content on Echourouk Online.

Mar 10, 2026echoroukonline.com
Energy & Hydrocarbons
Oil prices drop 8.5% after Trump's statements on the end of the war in the Middle East

Oil prices drop 8.5% after Trump's statements on the end of the war in the Middle East

Oil prices fell by about 8.5% during trading on Tuesday, March 10, for the first time in eight sessions, as fears of long-term disruptions in global crude supplies eased following U.S. President Donald Trump's statements about the possibility of the war in the Middle East ending soon. According to trading data, Brent crude futures for May 2026 fell by 8.24% to $91.09 per barrel, while West Texas Intermediate crude futures for April 2026 dropped by 8.47% to $86.74 per barrel. View the full content on الشروق أونلاين

Mar 10, 2026echoroukonline.com
Energy & Hydrocarbons
Trans-Saharan Gas Pipeline Among Africa's Priorities to Enhance Its Energy Position

Trans-Saharan Gas Pipeline Among Africa's Priorities to Enhance Its Energy Position

The African Petroleum Producers Organization confirmed that the Trans-Saharan Gas Pipeline (TSGP) project, which connects Nigeria to Algeria via Niger, is one of the strategic structural projects capable of enhancing Africa's position as a key player in the global energy market balance, by providing a new route for gas supplies to international markets, especially European ones. In an editorial published on the organization's website titled 'Africa: The Strategic Hub of the New Energy Map', the organization's Secretary-General, Fred Ghazali, explained that accelerating the development of vital infrastructure on the continent has become a strategic priority, with the Trans-Saharan Gas Pipeline project at the forefront.

Mar 10, 2026echoroukonline.com