Energy & Hydrocarbons

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

Showing 2,293–2,304 of 3,003 articles
Energy & Hydrocarbons
French 'Engie' Officially Exits 'Tawaat Gas' Field in Adrar

French 'Engie' Officially Exits 'Tawaat Gas' Field in Adrar

The government has officially marked the exit of a new French company from the Algerian market through a presidential decree, this time concerning the energy giant 'Engie', whose shares in the Tawaat gas field in Adrar have officially been acquired by a Thai company and the Italian Eni. In this context, a presidential decree dated February 17, 2026, published in the latest issue of the official gazette, states that annex number 5 of the contract dated July 10, 2002, for the exploration, estimation, and exploitation of hydrocarbons in the area called Tawaat (blocks 352A and 353) concluded in Algeria on November 10, 2025, between the national company SONATRACH and 'E O Algeria Tawaat B.V.' has been approved. As is known, the Tawaat gas field was managed by SONATRACH...

Mar 1, 2026echoroukonline.com
Energy & Hydrocarbons
Arkab Participates in OPEC+ Meeting

Arkab Participates in OPEC+ Meeting

Today, the Minister of State, Minister of Energy and Mines, Mohamed Arkab, participated via videoconference in the coordinating meeting of the group of eight countries that signed the cooperation declaration (OPEC+) which implements voluntary production adjustments, namely: Algeria, Saudi Arabia, the United Arab Emirates, Iraq, Kazakhstan, Kuwait, Oman, and Russia, according to a statement from the ministry. This meeting took place in the presence of the president […]

Mar 1, 2026echaab.dz
Energy & Hydrocarbons
Algeria increases its oil production by 6,000 barrels per day starting from next April

Algeria increases its oil production by 6,000 barrels per day starting from next April

Algeria will increase its oil production by 6,000 barrels per day starting next April, in compliance with the decision of the OPEC+ alliance during its meeting today, Sunday, which involves raising production by 206,000 barrels per day to maintain market stability amid the repercussions of the military strikes exchanged between Iran and the Zionist entity with American participation. The Algerian Minister of State, Minister of Energy and Mines, Mohamed Arkab, participated today...

Mar 1, 2026al24news.dz
Energy & Hydrocarbons
Algeria Increases Oil Production by 6,000 Barrels Per Day

Algeria Increases Oil Production by 6,000 Barrels Per Day

The group of eight countries that signed the cooperation declaration 'OPEC+', which implements voluntary production adjustments, announced a collective production increase of 206,000 barrels per day starting from April. Minister of State for Energy and Mines Mohamed Arkab participated on Sunday in the coordinating meeting of the group of eight countries, which includes Algeria, Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Russia. Read the full content on Echourouk Online.

Mar 1, 2026echoroukonline.com
Energy & Hydrocarbons
In light of the escalation in the Middle East.. OPEC+ raises oil production by 206,000 barrels per day starting in April

In light of the escalation in the Middle East.. OPEC+ raises oil production by 206,000 barrels per day starting in April

The eight countries of the OPEC+ alliance announced in a virtual meeting today, Sunday, an increase in oil production by 206,000 barrels per day in April. Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman confirmed the adjustment of production and their commitment to market stability. A statement from the OPEC+ alliance today indicated that the eight countries, which had previously announced adjustments...

Mar 1, 2026al24news.dz
Energy & Hydrocarbons
African Energy Commission: Algeria is Qualified to Support Energy Security on the Continent

African Energy Commission: Algeria is Qualified to Support Energy Security on the Continent

The Executive Director of the African Energy Commission, Rashid Ali Abdullah, confirmed Algeria's ability to contribute to energy security on the African continent thanks to its long experience in the hydrocarbons sector, its ambitious programs in renewable energies, and its strategic location linking Africa, Europe, and the Mediterranean Sea. This was stated in a speech delivered on his behalf by the Head of the Energy Information Systems and Statistics Department at the commission, Samson Nguabodouh, during an iftar organized by the Arab-African Center for Investment and Development last Saturday evening in Algiers under the slogan 'Energy and Water for Building Development'.

Mar 1, 2026echoroukonline.com
Energy & Hydrocarbons
After the Closure of the Strait of Hormuz.. These are the Scenarios for the Global Gas Market

After the Closure of the Strait of Hormuz.. These are the Scenarios for the Global Gas Market

Bloomberg warned that the widening conflict in the Middle East signals the largest disruption in global gas markets since the Russian invasion of Ukraine in 2022, amid a near-total disruption of liquefied natural gas movement through the Strait of Hormuz, which accounts for about 20% of global LNG exports, threatening a sharp rise in prices, especially in Asia. According to Bloomberg, ship tracking data showed that at least 11 LNG carriers heading to or coming from Qatar stopped to avoid passing through the strait, while Asian buyers continued to communicate with suppliers in the Middle East to check on the availability of alternative shipments in anticipation of any long-term disruption. Read the full content on الشروق أونلاين

Mar 1, 2026echoroukonline.com