
International Monetary Fund: The current conflict in the Middle East affects energy prices, market sentiment, growth, and inflation - Iqtissad Al Balad
Economy DZD aliqtissad dz Algeria economy news
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Economy DZD aliqtissad dz Algeria economy news

Economy Dz aliqtissad dz Algeria economy news

Algeria - Algeria will host a coordination meeting for the parties involved in the South H2 Corridor hydrogen project 'in the coming months', which aims to transport green hydrogen produced in Algeria to European countries, according to Khalil Hedna, Director of Media and Communication at the Ministry of Energy and Renewable Energies, on Thursday.

Economy of Algeria news

Algeria will host a coordination meeting for the parties involved in the Southern Hydrogen Corridor project 'South H2 Corridor' in the 'coming months', aimed at transporting green hydrogen produced in Algeria to European countries, according to Khalil Hedna, Director of Information and Communication at the Algerian Ministry of Energy and Renewable Energies, who stated this on Thursday. Hedna explained in a meeting with Algerian radio that this meeting …

The German Economic Institute 'IW' stated today, Thursday, that Germany's economy could incur losses of up to 40 billion euros over the next two years due to rising oil prices as a result of the escalating war in the Middle East. The institute noted that the rise in Brent crude prices to $100 per barrel could cost Germany about 0.3% of its GDP in 2026...

Algeria will host a coordination meeting for the parties involved in the Southern Hydrogen Corridor project 'South H2 Corridor' in the 'coming months', which aims to transport green hydrogen produced in Algeria to European countries, according to the Director of Media and Communication at the Ministry of Energy and Renewable Energies, Khalil Hadna.

The economy of Algeria aliqtissad dz Economic news

Oil prices rose on Thursday by more than three percent amid fears of a prolonged disruption of vital supplies due to escalating conflict between the United States and Iran in the Middle East, with concerns focused on shipping flows through the Strait of Hormuz. According to trading data, Brent crude rose by $2.44 or 3% to $84.01 a barrel by 09:20 GMT, while West Texas Intermediate crude also increased by the same amount to $77.10 a barrel. Read the full content on الشروق أونلاين.

The Minister of State, Minister of Hydrocarbons and Mining, Mohamed Arkab, discussed with the Minister of Mines, Petroleum and Energy of Côte d'Ivoire, Mamadou Sankafou Koulibaly, ways to enhance bilateral cooperation in the fields of hydrocarbons and mining, focusing on developing partnerships across various stages of the energy sector value chain, as well as supporting training, capacity building, and expanding trade relations between the two countries' institutions. According to a statement from the relevant ministry, the meeting took place yesterday, Wednesday, via videoconference, with the presence of the Secretary of State to the Minister of Hydrocarbons and Mining in charge of mining, Karima Bakir Tafer, and officials from the ministry, where both parties reviewed the reality and prospects of cooperation in the hydrocarbons sector, starting from research and...

The Center for Renewable Energy Development is participating with several economic institutions representing various sectors related to the renewable energy sector in Algeria, in the International Exhibition for Energy Transition 'Key – The energy transition Expo' held in Rimini, Italy, according to a statement from the center on Thursday.

The Director of Information and Communication at the Ministry of Energy and Renewable Energies, Khalil Hedna, confirmed the government's efforts to activate a full partnership based on the implementation of major strategic projects, in line with the directives of President Abdelmadjid Tebboune, aimed at enhancing cooperation between Algeria and the Republic of Niger in the energy sector.