Oil, gas, petrochemicals, Sonatrach, and energy sector developments
The Minister of State, Minister of Hydrocarbons, Mr. Mohamed Aqrab, spoke this Thursday via videoconferencing with the Minister of Energy and Mineral Resources of the People's Republic of Bangladesh, Iqbal Hasan Mahmood, according to a statement from the ministry.
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Brent crude futures rose above $100 per barrel on Wednesday to record their highest close since late May. Brent crude futures settled up $3.29, or 3.4 percent, to $101.21 per barrel, while West Texas Intermediate crude rose by $3.02 or 3.25 percent to $96.05 per barrel. Both benchmarks recorded their highest close since May 22.
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Green hydrogen can become one of the new growth levers of the Algerian economy.
algeriainvest.info
Agreement to enhance cooperation in energy, investment, and education.
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Algeria is establishing itself as a key gas supplier for the United Kingdom, benefiting from the decline of the North Sea.
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Algeria - Construction works for a power generation station in the Tait area (Tamanrasset province) will begin next week, according to the Minister of Energy and Renewable Energies, Mourad Adjall, during a meeting he chaired today, Tuesday, dedicated to preparing for this project aimed at enhancing energy security in the southern provinces.
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Algeria - The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a working meeting of the ministry's coordination committee today, Tuesday, dedicated to discussing the guidelines for preparing the sector's budget for the year 2027, according to a statement from the ministry.
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The Minister of Energy and Renewable Energies, Mourad Adjail, announced today, Tuesday, that the construction of a power generation station in the “TIT” area in Tamanrasset will start next week, in a move aimed at enhancing energy security in the south and strengthening electricity production capacities in the region. The announcement came during a working meeting of the sectoral coordination committee, chaired by the minister, which was dedicated to following up and studying several priority technical files, foremost among them the preparations related to the “TIT” station project. Read the full content on Echourouk Online.
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Algeria has emerged as one of the liquefied natural gas suppliers to Britain, at a time when production from the North Sea is declining and the United Kingdom is increasingly relying on imports to meet its needs, according to energy editor Jonathan Leake of The Telegraph. According to the article cited by the editor, Britain's gas production from the North Sea is expected to be around 28 billion cubic meters in 2025, covering about 41% of the country's needs, with forecasts of a decline to 14 billion cubic meters over the next four years, and then to 6 billion cubic meters by 2035. Read the full content on الشروق أونلاين
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The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a working meeting of the ministry's coordination committee today, Tuesday, dedicated to discussing the guiding principles for preparing the sector's budget for the year 2027, according to a statement from the ministry. The meeting, held as part of the early preparation for the sector's budget project, was an opportunity to set priorities and budgetary directions in line with the strategic objectives of the energy and renewable energies sector and the requirements of economic and social development.
radioalgerie.dz
Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and the Azerbaijani Minister of Energy, Parviz Shahbazov, discussed ways to enhance cooperation and partnership between the two countries in the hydrocarbons sector, particularly in the fields of field development, oil services, transportation of hydrocarbons, refining, and petrochemicals.
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The Minister of Energy and Renewable Energies, Mourad Adjall, discussed today, Monday, cooperation and partnership files in the energy sector with African countries, focusing on ongoing energy projects and programs and opportunities to expand the presence of Algerian institutions in African markets. According to a statement from the relevant ministry, Adjall chaired a working meeting dedicated to assessing the progress of priority files and studying prospects for their development, alongside exploring new opportunities to enhance cooperation and partnership in the fields of energy and renewable energies. Watch the full content on Echourouk Online.
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