Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices stabilized today, Tuesday, as the market awaits developments in geopolitical situations around the world. The price of North Sea Brent crude for April delivery rose slightly by 0.1% to $71.56 during the morning. The price of West Texas Intermediate crude for the same month increased by 0.27% to $66.49.
al24news.dz
Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to enhance exploration and drilling capabilities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract w...
echoroukonline.com
Wassila Houmel, Director of Hydrocarbon Processing and Marketing and Petroleum Resource Distribution, confirmed that Algeria has strengthened its position as a reliable partner in global oil and gas markets through massive investments and international partnership agreements during 2025–2026, aiming to increase exploration and drilling capacities and meet local demand. Houmel explained, during her appearance on the program 'Guest of the Morning' on the first radio channel, that Algeria has signed six major partnership contracts with international operators, the most notable being a contract wo...
echoroukonline.com
The Wilaya of Médéa oversaw the launch of several essential development projects, including the connection to the gas network and the expansion of drinking water networks, as part of the celebrations for the double anniversary of the nationalization of hydrocarbons and the establishment of the General Union of Algerian Workers, and to reinforce the state's commitments to citizens in shadow areas. The Governor of the Wilaya, Djilali Doumi, along with the President of the Wilaya People's Council, civil and security authorities, and parliamentarians, presided over the inauguration of the gas connection.
echoroukonline.com
European Union gas imports via pipelines returned to an upward trajectory in January 2026, reaching 12.3 billion cubic meters, an increase of 2% compared to December, supported primarily by Algerian supplies. Recent data from the Energy Research Unit showed that Algeria was the only supplier to achieve a notable monthly growth of 22%, contributing significantly to European supplies, of which 22% comes from Algeria compared to 58% from Norway. Read the full content on الشروق أونلاين.
echoroukonline.com
Algeria commemorates today, Tuesday, the 55th anniversary of the nationalization of hydrocarbons in a context characterized by the state's determination to continue implementing major structured projects to enhance national resources, reflecting an increasing ambition to build a diverse and emerging economy and strengthen energy sovereignty. This occasion recalls February 24, 1971, when the late President Houari Boumediene announced the decision to nationalize hydrocarbons, a step that enabled Algeria to regain 51 percent of the assets of French oil companies with public concessions operating ...
echoroukonline.com
Algeria commemorates today, Tuesday, the fifty-fifth anniversary of the nationalization of hydrocarbons in a context characterized by the state's determination to continue implementing major structuring projects to valorize national resources, reflecting an increasing ambition to build a diverse and emerging economy and enhance energy sovereignty. This occasion recalls February 24, 1971, when the late President Houari Boumediene announced the decision to nationalize hydrocarbons, a step that enabled Algeria to regain 51 percent of the assets of French oil companies with public concessions oper...
echoroukonline.com
5 European countries represent 96% of Algerian exports.
elkhabar.com
SONATRACH has outlined an extensive investment plan aimed at enhancing exploration activities in the national hydrocarbon mining sector, which will allow for the renewal of national oil and gas reserves, according to the CEO of the group, Nourredine Daoudi, noting that exploration and production activities alone represent 75 percent of the planned development investments for the period 2026-2030.
radioalgerie.dzMs. Waseela Homel, Director of Hydrocarbon Transformation and Marketing and Petroleum Resource Distribution, confirmed that Algeria has made significant strides in developing the hydrocarbon sector since independence, emphasizing that the strategic challenge today lies in enhancing exploration and drilling capabilities to meet the national market's needs for gas and oil, while maintaining Algeria's position as a reliable partner in global markets.
radioalgerie.dz
Today, Algeria celebrates the 55th anniversary of the nationalization of hydrocarbons. On February 24, 1971, the Algerian government
ecotimesdz.com
It was in 1980 that Algeria regained 100% of its sovereignty over the country's oil wealth. The takeover
ecotimesdz.com