Oil, gas, petrochemicals, Sonatrach, and energy sector developments
The Minister of State, Minister of Energy, Mohamed Arkab, received a delegation from the International Monetary Fund, headed by the head of the Fund's mission to Algeria, Charalambos.
The Algerian Electricity and Gas Company 'Sonelgaz-Distribution' has allocated significant resources and investments to ensure regular and continuous electricity supply in Algiers during the summer of 2026, amid expectations of an increase in electricity demand to 2300 megavolt-amperes, a 7 percent increase compared to last year. The company revealed, during a press conference organized by the Algiers pole of 'Sonelgaz-Distribution' to present the activity report for 2025 and preparations for summer 2026, an investment of more than 433 million dinars to establish new facilities aimed at strengthening transmission and distribution networks and improving service stability during peak periods. Read the full content on Echourouk Online.
Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, received a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsongaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, according to a statement from the ministry.
The Prime Minister receives the Secretary General of the Gas Exporting Countries Forum.
Local consumption also increased.
In this interview, this energy specialist advocates for a revision of the pricing policy in the energy sector to
Algeria - The Algerian Electricity and Gas Company 'Sonelgaz-Distribution' has mobilized significant resources to ensure the regular and continuous supply of electricity to customers in Algiers during the summer of 2026, according to the company’s statement on Sunday.
The U.S. Treasury Department issued a license today, Monday, to lift sanctions on Iranian oil for 60 days as part of a temporary agreement to end the war. The license allows for the production, delivery, and sale of Iranian oil, and is valid until August 21. The decision is a result of talks that took place yesterday at the Swiss resort of Bürgenstock, mediated by Pakistan and Qatar, where the meeting concluded with an agreement on a roadmap for ...
Oil prices experienced fluctuations this Monday during European trading, in a market still reacting to the latest geopolitical developments in various parts of the world. During morning trading, the price of North Sea Brent crude for August delivery fell by 1.71% to $79.19. Meanwhile, its American counterpart, West Texas Intermediate crude for July delivery, rose by 0.52% to $77.
Energy savings are one of the largest resources to exploit in order to preserve our non-renewable energy resources, as well as
As the crisis in the Strait of Hormuz shakes global energy markets, Algeria confirms its status as an indispensable partner for
Algeria - The Minister of State, Minister of Energy, Mohamed Arqab, highlighted Algeria's commitment to continue supporting efforts aimed at enhancing dialogue and cooperation among member countries of the Gas Exporting Countries Forum, while working on developing projects that contribute to enhancing energy security and promoting the role of natural gas in the global energy mix, during his meeting with the forum's Secretary General, Philippe Michelpila, according to a statement from the ministry.