Energy & Hydrocarbons

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

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The Philippines announces a significant natural gas discovery near the Malampaya offshore field

Philippine President Ferdinand Marcos Jr. announced on Monday the discovery of a new natural gas well near the existing Malampaya gas field in the disputed waters off the South China Sea, which could provide protection for the country from a potential energy crisis. Marcos stated on Monday that the discovery of the gas reservoir located off the northwest coast of Palawan province is 'significant' and could provide...

Jan 19, 2026al24news.dz
Algerian oil enters 3 new Arab markets in 2025

Algerian oil enters 3 new Arab markets in 2025

Algeria's exports of crude oil and oil derivatives transported by sea in 2025 exceeded 762,000 barrels per day, with the return of three Arab countries to the Algerian oil market of the 'Sahara Blend' type. According to data released by the Energy Platform, Algeria directed about 60% of its oil exports to five main markets, represented by South Korea with an average of 130,000 barrels per day, France with 105,000 barrels per day, Spain with 99,000 barrels per day, the United States with 69,000 barrels per day, in addition to the United Kingdom with 52,000 barrels per day. View the full content on الشروق أونلاين

Jan 19, 2026echoroukonline.com
This is Algeria's ranking among the major African oil producers in 2025

This is Algeria's ranking among the major African oil producers in 2025

Algeria's average oil production rose to 934,000 barrels per day in 2025, marking the highest level in over two and a half years, remaining among the top five oil-producing countries in Africa, with reserves estimated at around 12 billion barrels. According to a report from the energy research platform, Algeria's performance came in the context of improved oil production on the continent, with Nigeria, Libya, and then Angola leading the list of producers, while Algeria ranked fourth ahead of Egypt. Watch the full content on الشروق أونلاين.

Jan 19, 2026echoroukonline.com