Energy & Hydrocarbons

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

Showing 2,173–2,184 of 3,003 articles
Algeria Leads Supply Alternatives in the Global Helium Crisis

Algeria Leads Supply Alternatives in the Global Helium Crisis

Algeria emerges as the most suitable alternative to secure helium supplies to global markets, following the halt of liquefied natural gas production in Qatar due to the American-Zionist war against Iran. According to data from the Energy Research Platform, Algeria's annual helium production capacity is about 50 million cubic meters, making it the third largest producer after the United States (194 million cubic meters) and Qatar (72 million cubic meters). Read the full content on الشروق أونلاين.

Mar 9, 2026echoroukonline.com
Global Helium Crisis.. Algeria Leads Alternatives After Production Halt in Qatar

Global Helium Crisis.. Algeria Leads Alternatives After Production Halt in Qatar

Algeria emerges as the most suitable alternative to secure helium supplies to global markets, following the halt of liquefied gas production in Qatar due to the American-Zionist war against Iran. According to data from the Energy Research Platform, Algeria's annual helium production capacity is about 50 million cubic meters, making it the third largest producer after the United States (194 million cubic meters) and Qatar (72 million cubic meters). Read the full content on الشروق أونلاين

Mar 9, 2026echoroukonline.com
European meeting on Thursday to discuss the impact of the war in the Middle East on the energy sector

European meeting on Thursday to discuss the impact of the war in the Middle East on the energy sector

A spokesperson for the European Commission stated on Monday that the parties involved in coordinating oil and gas supplies in the European Union will meet on Thursday to discuss the situation in the Middle East. These groups are expected to monitor the impact of the war in the Middle East on the energy sector and discuss the latest assessments from member countries regarding oil supplies, following the American-Israeli war on Iran...

Mar 9, 2026al24news.dz
The war in the Middle East drives oil prices above $100 a barrel

The war in the Middle East drives oil prices above $100 a barrel

As most forecasts indicated, the war in the Middle East surged oil prices to nearly $120 a barrel for the first time in three years after its first week, prompting some countries to take measures that may help mitigate the war's impact on oil supplies, especially in Europe, amid fears of a greater impact if the conflict prolongs...

Mar 9, 2026al24news.dz
Oil Approaches $120 as Tensions Rise in the Strait of Hormuz

Oil Approaches $120 as Tensions Rise in the Strait of Hormuz

Oil prices surged by more than 25 percent to reach their highest levels since mid-2022, with Brent crude futures rising by about $24.96, or 27 percent, to $117.65 per barrel, while West Texas Intermediate crude increased by $25.72, or 28.3 percent, to $116.62 per barrel, marking the largest daily price jump ever. According to trading data, West Texas Intermediate crude rose by 31.4 percent, hitting a session high of $119.48 per barrel, while Brent crude reached $119.50, up 29 percent. This increase follows strong gains last week, with Brent crude rising by 27 percent, while WTI jumped...

Mar 9, 2026echoroukonline.com
Crude oil prices exceed $100 per barrel

Crude oil prices exceed $100 per barrel

Crude oil prices have surpassed the $100 per barrel mark for the first time in over three and a half years. The price of Brent crude reached $101.19 shortly after trading resumed on the Chicago Mercantile Exchange, up 9.2 percent from last Friday's closing price of $92.69. West Texas Intermediate crude was sold at $107.06 per barrel, a 16.2 percent increase from last Friday's closing price of $90.90.

Mar 9, 2026radioalgerie.dz
How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

An 18% increase in oil revenues and a 3% rise in gross domestic product. The crisis will accelerate the trans-Saharan gas pipeline, with operations expected to start in 2029. The success of diversifying Europe's supplies depends on African gas lines. The African Petroleum Producers Organization (APPO) outlined the aspects from which Algeria and several African countries can benefit due to the ongoing war in the Middle East and the closure of the Strait of Hormuz, one of the most important fossil energy corridors in the world, where an increase in Algeria's oil revenues by about 18% and a rise in gross domestic product by three percentage points are expected, in addition to accelerating the implementation of the trans-Saharan gas pipeline project between Algeria and Nigeria via Niger due to the current crisis.

Mar 8, 2026echoroukonline.com