Energy & Hydrocarbons

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

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Algeria Ranks First Worldwide in Liquefied Petroleum Gas Price Decrease

Algeria Ranks First Worldwide in Liquefied Petroleum Gas Price Decrease

Algeria ranks first worldwide in terms of the decrease in liquefied petroleum gas (LPG) prices, selling for less than a quarter of the prices set in several oil-producing countries, including Saudi Arabia and Russia, reflecting the continued support policy adopted by the state in the energy sector. Recent data on fuel prices worldwide, according to Algerian public television, indicates that the price of a liter of liquefied petroleum gas in Algeria is only 12 dinars, equivalent to about $0.09, which is more than four times lower compared to Saudi Arabia, where the price reaches $0.291 per liter (37.40 dinars), and Russia, where it is sold for $0.366 per liter (47.03 dinars). Watch the full content on Echourouk Online...

Jan 5, 2026echoroukonline.com
Important Announcement from the General Directorate of Taxes Regarding the Update of Fuel Consumption Tax Rates

Important Announcement from the General Directorate of Taxes Regarding the Update of Fuel Consumption Tax Rates

The General Directorate of Taxes announced the update of the fuel consumption tax rates applied through the electronic payment platform 'Tabeekum', in implementation of the new provisions established by the Finance Law for the year 2026. The Directorate clarified, in a statement addressed to taxpayers and the public, that the Finance Law for the year 2026, specifically Article 97, included an amendment to the fuel consumption tax rates, along with a review of the payment methods for this tax. Consequently, the applicable rates on the 'Tabeekum' platform have been updated to align with the new legal amendments. View the full content on Echourouk Online.

Jan 5, 2026echoroukonline.com
Global Oil Market Situation.. Arqab Participates in OPEC+ Group Meeting

Global Oil Market Situation.. Arqab Participates in OPEC+ Group Meeting

The Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arqab, participated today, Sunday, via remote visual conferencing, in the coordinating meeting of the group of eight countries within OPEC+. This is part of the regular follow-up on the global oil market situation. This meeting was attended by the CEO of SONATRACH, Nourredine Daoudi, the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry, 'as part of the regular follow-up on the global oil market situation and to enhance coordination among the eight countries participating in the cooperation declaration (OPEC+), which implements voluntary adjustments in their production levels.' Read the full content on Echourouk Online.

Jan 4, 2026echoroukonline.com
AL24 | الاقتصاد

Algeria emphasizes to the OPEC+ alliance the importance of greater vigilance

Algeria stressed today, Sunday, the importance of exercising greater vigilance and enhancing close coordination both within the group of eight countries of the OPEC+ alliance and with all the countries participating in the cooperation declaration. This call from Algeria came during the participation of the Minister of State, Minister of Energy and Mines, Mohamed Arkab, today via videoconference in the coordinating meeting of the group of countries...

Jan 4, 2026al24news.dz
AL24 | الاقتصاد

Algeria emphasizes to the OPEC+ alliance the importance of being more vigilant

Algeria stressed today, Sunday, the importance of being more vigilant and enhancing close coordination both within the group of eight countries of the OPEC+ alliance and with all the countries participating in the cooperation declaration. This call from Algeria came during the participation of the Minister of State, Minister of Energy and Mines, Mohamed Arkab, today via videoconferencing in the coordinating meeting of the group of countries...

Jan 4, 2026al24news.dz