Oil, gas, petrochemicals, Sonatrach, and energy sector developments
The OPEC+ alliance meeting today, Sunday, is likely to stabilize oil production by maintaining the suspension of production increase in March. According to Reuters, citing three delegates from OPEC+, it is probable that the alliance will keep the suspension of oil production increase in March when it meets later today, even after crude oil prices have reached...
al24news.dz
Informed sources revealed that the OPEC+ group is likely to maintain the halt on planned oil production increases for March, despite prices reaching their highest levels in nearly six months. Eight members of the organization are expected to discuss this decision during a meeting held today, Sunday. According to what Reuters reported from three delegates in the group, this direction comes at a time when Brent crude closed near $70 a barrel on Friday, approaching the $71.89 level recorded on Thursday, driven by fears of a potential U.S. military strike on Iran, a member of OPEC, alongside supply disruptions from Kazakhstan.
echoroukonline.com
During the first quarter of 2026
elkhabar.com
Algeria and seven other countries in the OPEC+ alliance confirmed this Sunday their decision made last November to suspend any increase in production levels until March 2026, in order to contribute to market stability for the benefit of producers and consumers, according to a statement from the Ministry of Energy and Mines.
radioalgerie.dz
Economic analyst Dr. Houari Tigrassi confirmed that the Gara Djebilet project is a historic project that has been shelved since 1956 and has not been realized despite its strategic importance, until it was fulfilled today thanks to political will.
radioalgerie.dz
While Brent flirts with 70 dollars, the Algerian Sahara Blend makes its mark in a
ecotimesdz.com
Tindouf - The project for the construction of a solar power station in the Gara Djebilet area of Tindouf is progressing rapidly, as part of the national approach towards adopting renewable energies and enhancing sustainable development in the southern regions of the country, according to the provincial director of energy, Mustafa Ben Abdelkader.
aps.dz
Yesterday, Friday, oil prices fell a few cents per barrel to maintain their recent gains, closing near their highest levels in six months at settlement. Brent crude futures reached $70.69 per barrel, down two cents or 0.03 percent at settlement. West Texas Intermediate crude closed at $65.21 per barrel, down 21 cents or 0.32 percent.
radioalgerie.dz
Tipaza - The technical teams of the Electricity and Gas Distribution Directorate of Tipaza continue, on Friday, intervention operations to repair the damages caused to the electricity network due to the weather fluctuations recorded over the past two days, according to a statement from the institution.
aps.dz
It seems that the European continent is once again turning to Algeria as a reliable gas option, amid rising tensions with the administration of U.S. President Donald Trump, especially in light of the announced American ambitions regarding the Danish island of Greenland, accompanied by threats that have raised increasing concern within the European Union. This desire was expressed on Thursday by the European Commissioner for Energy, Dan Jørgensen, according to what was reported by Politico, which considered that the threats from the U.S. president regarding Greenland were a 'warning signal' for the countries of the European bloc to find alternative sources to U.S. gas. Jørgensen stated in this regard, according to the same source, that...
echoroukonline.com
U.S. President Donald Trump signed an executive order today, Friday, declaring a national emergency and outlining measures to impose tariffs on goods imported from countries that sell or supply oil to Cuba. The White House stated in a statement that U.S. President Donald Trump signed an executive order declaring a national emergency and outlining measures to impose tariffs on goods imported from ...
al24news.dz
Oil prices fell by more than one percent today, Friday, from their highest levels in several months. As of 03:32 GMT, Brent crude futures dropped 91 cents to $69.80 a barrel, after rising 3.4 percent at the close of the previous session to their highest level since July 31. West Texas Intermediate crude lost $1.06 to $64.36 a barrel after climbing 3.4 percent on Thursday to its highest level since September 26.
radioalgerie.dz