Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices fell this Monday at the opening of Asian markets. The price of Brent crude, the international benchmark, decreased by 5.58% to reach $91.38 per barrel. West Texas Intermediate crude also fell by 5.46% to $84.43 per barrel.
Hydrogen projects in Algeria play a central role in the country's new energy strategy, which aims at economic diversification and strengthening its position in the clean energy market. In the face of growing global demand for alternative sources to fossil fuels, Algeria aims to become a major player in the production of green hydrogen and ammonia, relying on its strategic geographical position and natural resources.
Researcher at the Center for Research in Applied Economics for Development (CREAD), Hicham Benamirouche analyzes the trajectory of the Algerian electrical system, between a continuously rising consumption, a decline in gas production, and the necessity to diversify the energy mix. He discusses the infrastructures to be strengthened and the actors capable of carrying out the upcoming large-scale projects.
Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arqab, today, Sunday, in Algiers, discussed with the Senegalese Minister of African Integration and Foreign Affairs, Mr. Sheikh Niang, ways to enhance bilateral cooperation in the hydrocarbons sector, focusing on expanding the partnership between SONATRACH and the Senegalese National Oil Company PETROSEN, according to a statement from the ministry.
Algeria - Minister of Energy and Renewable Energies, Mourad Ajjal, received today, Sunday, a delegation from the Argentine company 'Infab', specialized in advanced technologies in the field of nuclear energy for medical use, led by its General Director, Dario Joisi, according to a statement from the ministry.
The Minister of African Integration and Foreign Affairs and Senegalese Abroad of the Republic of Senegal, Sheikh Niang, confirmed today, Sunday, his country's commitment to expanding cooperation with Algeria in various fields of the oil and gas industry and benefiting from Algeria's pioneering experience. The Senegalese minister's statements came during his reception today by the Algerian Minister of State, Minister of Energy, Mohamed Arkab, on the occasion of a working visit he is making to Algeria, where the two parties held talks in the presence of the ambassadors of both countries and the CEO of SONATRACH, Nourredine Daoudi, along with officials from the Ministry of Energy and members of the accompanying Senegalese delegation. According to a statement from the Algerian Ministry of Energy, the meeting provided an opportunity...
The Minister of State, Minister of Energy, Mohamed Arkab, discussed with the Minister of African Integration and Foreign Affairs and Senegalese Abroad of the Republic of Senegal, Sheikh Niang, the reality and prospects of bilateral cooperation between Algeria and Senegal in the field of hydrocarbons, where both sides praised the strength of the brotherly and friendly relations that unite the two countries, and the mutual desire to enhance and elevate them to a broader economic and strategic partnership. Algeria and Senegal agree on the necessity of reactivating the mechanisms of bilateral cooperation. Read the full content on Echourouk Online.
The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Sunday, the Minister of African Integration and Foreign Affairs and Senegalese Abroad of the Republic of Senegal, Sheikh Niang, who is on a working visit to Algeria. The two parties reviewed the reality and prospects of bilateral cooperation between Algeria and Senegal in the hydrocarbons sector. During the meeting, both sides praised the strength of the brotherly and friendly relations that unite the two countries, and the mutual desire to enhance and elevate them.
The Algerian Minister of Energy and Renewable Energies, Mourad Adjali, discussed today, Sunday, with the General Director of the Argentine company INVAP, Dario Cuisi, cooperation in the field of nuclear energy for medical use. The talks took place during Mourad Adjali's reception of Dario Cuisi, the General Director of the company specialized in advanced technologies in the field of nuclear energy for medical use, which designs and manufactures equipment primarily...
Energy and Renewable Energies Minister Mourad Ajal received today, Sunday, a delegation from the Argentine company 'Infab', specialized in advanced technologies in the field of nuclear energy for medical use, led by its General Director, Dario Joisy, according to a statement from the ministry. During this meeting, which took place at the ministry's headquarters in the presence of senior officials from the sector, Ajal highlighted the 'good relations' that bind Algeria and Argentina in the sector.
Algeria ranked fifth in the Arab world in the list of the largest Arab countries in electricity generation in 2025, with a production of 103.47 terawatt-hours, recording an annual growth rate of 2.3% compared to 2024, according to the latest data from the Energy Research Unit. The report showed that Saudi Arabia maintained its lead among Arab countries with a total production of 471.42 terawatt-hours, followed by Egypt with 242.42 terawatt-hours, then the UAE with 184.41 terawatt-hours, while Iraq came fourth with 159.43 terawatt-hours, ahead of Algeria, which ranked fifth. View the full content on الشروق أونلاين.
Algeria continues to accelerate the implementation of its national strategy for green hydrogen, targeting the production of one million tons annually by 2030, while developing major projects and European partnerships to enhance its position as a key supplier of clean energy to European markets. According to a survey conducted by the Energy Platform, Algeria relies on a long-term plan to develop the hydrogen sector, based on exploiting its solar and wind energy resources, along with its geographical location, which supports the energy transition and diversifies the economy away from dependence on hydrocarbons. Read the full content on Echourouk Online.