Energy & Hydrocarbons

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

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The energy crisis boosts the global electric vehicle market

The energy crisis boosts the global electric vehicle market

Electric vehicle sales saw a significant jump during the second quarter of the year, driven by rising fuel prices and increasing concerns about energy security following the repercussions of the war in the Middle East, according to a report from the International Energy Agency on Thursday. The agency reported that electric vehicle sales rose by 35% in the second quarter compared to the first quarter, reaching record levels at 50 …

Jul 30, 2026al24news.dz
From Potential to Implementation: An International Report Highlights the Challenges of Solar Energy in Algeria

From Potential to Implementation: An International Report Highlights the Challenges of Solar Energy in Algeria

A report published by the international magazine 'PV Magazine' confirmed that the future of the solar energy market in Algeria is no longer linked to the size of available natural resources, but to the country's ability to convert its goal of 15 gigawatts of solar energy into fundable, implementable, and grid-connected projects. It noted that the economics of gas, purchasing mechanisms, and the readiness of electrical infrastructure will determine the course of the next phase of sector development. This came after a discussion hosted by the Middle East Solar Industry Association (MESIA), which concluded that Algeria has all the necessary natural components, including high solar radiation, vast areas, and a location close to Europe, but the real challenge lies in building...

Jul 29, 2026echoroukonline.com
Ministerial Meeting to Accelerate Gara Djebilet and Phosphate Projects and Enhance Accompanying Infrastructure

Ministerial Meeting to Accelerate Gara Djebilet and Phosphate Projects and Enhance Accompanying Infrastructure

A multi-sectoral coordination meeting discussed the progress of structured mining projects, primarily the iron mine exploitation project in Gara Djebilet and the integrated phosphate project, emphasizing the acceleration of basic facilities and accompanying services, particularly related to securing water resources and enhancing rail and logistics transport, in implementation of the directives of President Abdelmadjid Tebboune aimed at accelerating strategic mining projects and enhancing industrial sovereignty. The meeting, held at the Ministry of Energy's headquarters yesterday, included the secretaries general of the Ministries of Energy, Interior and Local Communities, Transport, Mines and Mining Industry, and Irrigation, under the supervision of the Secretary General...

Jul 29, 2026echoroukonline.com
Italian Report: 'Transmed' is the Key to Energy Partnership with Algeria

Italian Report: 'Transmed' is the Key to Energy Partnership with Algeria

The Italian news agency Nova News highlighted that Italy's position as the largest importer of Algerian gas in Europe is primarily based on the Transmed pipeline, which connects Algerian gas fields to southern Italy via Tunisia, and is one of the most important gas transport routes to the European continent. It confirmed that the energy partnership between the two countries is poised for further expansion thanks to new investment projects and growing cooperation in the fields of gas and hydrogen. The agency noted that President Abdelmadjid Tebboune stated during his regular meeting with representatives of national media that Italy remains the top European customer for Algerian gas, ahead of Spain and France, reflecting the strength of energy relations between the two countries.

Jul 28, 2026echoroukonline.com
Ajjal orders to accelerate electricity projects and praises Sonelgaz's performance during the heatwave

Ajjal orders to accelerate electricity projects and praises Sonelgaz's performance during the heatwave

The Minister of Energy and Renewable Energies, Mourad Ajjal, has ordered to accelerate the pace of implementing strategic projects aimed at enhancing the national electricity system, while adhering to the specified deadlines for their commissioning. He emphasized that these projects are a priority to ensure increased electricity production capacity, secure the continuity of public service, and enhance the security of the electricity system in light of the growing demand for energy. The minister's directives came during his chairing of the sectoral coordination committee meeting yesterday, Monday, in the presence of ministry officials and the acting CEO of Sonelgaz and the group's executives, where the meeting was dedicated to evaluating the implementation of decisions and directives arising from previous meetings and studying several files.

Jul 28, 2026echoroukonline.com
Algeria and Mozambique Discuss Accelerating Energy Projects and Expanding Partnership

Algeria and Mozambique Discuss Accelerating Energy Projects and Expanding Partnership

The Minister of Energy and Renewable Energies, Mourad Adjoul, and his Mozambican counterpart, Minister of Mineral Resources and Energy Estifao Thomas Rafael Bali, agreed to accelerate the implementation of bilateral cooperation projects in the energy sector, notably the project to establish a power generation station with a capacity of 2×20 megawatts, as well as to expand the partnership to include various activities related to the value chain in the sector. The Ministry of Energy and Renewable Energies stated in a statement that the meeting held yesterday evening via videoconference is part of the implementation of the directives of the President of the Republic, Abdelmadjid Tebboune, aimed at enhancing cooperation with African countries and making it a lever for joint development. Read the full content on...

Jul 28, 2026echoroukonline.com
Oil: Brent crude approaches $87 per barrel

Oil: Brent crude approaches $87 per barrel

Oil prices continued to decline today, Tuesday, falling by more than a dollar per barrel, reaching their lowest levels since July 20. Brent crude futures dropped by $1.47, or 1.66%, to $86.89 per barrel, while West Texas Intermediate crude fell by $1.45, or 1.76%, to $81.16 per barrel. Both contracts had recorded a decline of about 8% in the previous session.

Jul 28, 2026radioalgerie.dz