Energy & Hydrocarbons

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

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Energy & Hydrocarbons
The 55th Anniversary of the Nationalization of Hydrocarbons: From Energy Sovereignty to Resource Valorization

The 55th Anniversary of the Nationalization of Hydrocarbons: From Energy Sovereignty to Resource Valorization

At a pivotal moment in its economic journey, Algeria commemorates on Tuesday the 55th anniversary of the nationalization of hydrocarbons, in a national context characterized by a renewed determination to valorize natural resources and establish the foundations of a diverse and emerging economy. The commemoration of this historical milestone recalls the announcement of nationalization on February 24, 1971, by the late President Houari Boumediene, which marked a strategic shift in the path to reclaiming full sovereignty over national resources.

Feb 23, 2026radioalgerie.dz
Energy & Hydrocarbons
Energy and Renewable Energies: Mr. Ajal Chairs a Meeting to Follow Up on Several Strategic Files

Energy and Renewable Energies: Mr. Ajal Chairs a Meeting to Follow Up on Several Strategic Files

The Minister of Energy and Renewable Energies, Mourad Ajal, chaired a meeting today, Monday, dedicated to studying and following up on several strategic files related to the activity and management of the sector, according to a statement from the ministry. During this meeting, held at the ministry's headquarters with the presence of several key officials, several key axes were examined, such as the risk map and the status of the Ain Sara and Oumache (Biskra) stations. The progress of the construction of the electricity production station in Niger, which falls within the framework of cooperation...

Feb 23, 2026radioalgerie.dz
Energy & Hydrocarbons
Oufa: Nationalization of hydrocarbons is a historic sovereign decision that allowed the launch of an economic and developmental future

Oufa: Nationalization of hydrocarbons is a historic sovereign decision that allowed the launch of an economic and developmental future

Sofiane Oufa, Director of Cooperation and International Relations at the Ministry of Hydrocarbons and Mines, stated that the late President Houari Boumediene's decision to nationalize hydrocarbons on February 24, 1971, was not just an economic decision, but a historic sovereign decision that enabled Algeria to regain sovereignty over its natural resources and to embark on building its economic and developmental future.

Feb 23, 2026radioalgerie.dz
Energy & Hydrocarbons
Decline in Oil Prices in Early Asian Trading

Decline in Oil Prices in Early Asian Trading

Oil prices fell by one percent in early Asian trading on Monday, as the United States and Iran head towards a new round of nuclear talks, amid uncertainty about global growth and fuel demand following the decision to raise U.S. tariffs on global imports. Brent crude futures fell by 75 cents, or 1.05 percent, to $71.01 a barrel. U.S. West Texas Intermediate crude futures dropped by 74 cents, or 1.11 percent, to $65.74 a barrel.

Feb 23, 2026radioalgerie.dz
Energy & Hydrocarbons
APS | صناعة، طاقة ومناجم

Hydrocarbons: High-level Namibian delegation on a working visit to Algeria starting today, Sunday

Algeria - A high-level Namibian delegation from the hydrocarbons, energy, and mining sectors, led by the special advisor to the President of Namibia, head of the oil upstream unit, Cornelia Shilunga, is on a working visit to Algeria starting today, Sunday, as part of enhancing cooperation between the two countries, according to a statement from the Ministry of Hydrocarbons and Mines.

Feb 22, 2026aps.dz