Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices continued to rise this Monday. Brent crude futures increased by (52) cents, or (0.54%), reaching (96.80) dollars per barrel. Meanwhile, West Texas Intermediate crude futures rose by (66) cents, or (0.72%), to (92.14) dollars per barrel.
radioalgerie.dz
The Ministry of Energy integrates six new digital services to simplify the procedures for citizens and economic operators
ecotimesdz.com
The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a small working meeting today, Sunday, dedicated to following up and studying several priority files, particularly those related to energy projects being implemented in the Republic of Niger. During the meeting, the status of the projects scheduled in the city of Agadez was reviewed, mainly concerning the construction of electricity transmission and distribution networks, and enhancing the capacity for electricity production using turbines.
echaab.dz
The Minister of State, Minister of Energy, Mohamed Arqab, participated this Sunday, via videoconferencing, in the coordinating meeting of the Group of Seven OPEC+ countries, which have the capacity for voluntary production adjustments, according to a statement from the ministry. The meeting included, in addition to Algeria, the oil ministers of Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman, and Russia.
radioalgerie.dz
The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a working meeting this Sunday dedicated to following up on several priority energy projects being implemented in Niger, particularly in the fields of electricity and solar energy. The meeting addressed, according to a statement from the ministry, the status of the programmed projects in the city of Agadez, related to the construction of electricity transmission and distribution networks, enhancing electricity production capacity through a mobile turbine, as well as a project to establish a solar energy production station.
radioalgerie.dz
Expectations to maintain oil production levels unchanged.
elkhabar.com
Algeria accelerates its energy transition with off-grid solar, wind, and energy cooperation with Sahel countries
ecotimesdz.com
Oil prices rose at settlement to end the week with strong gains. Brent crude futures recorded an increase of 76 cents, or 0.8%, at settlement, reaching $92.68 per barrel. U.S. West Texas Intermediate futures ended trading up by 0.20%, recording $91.48 per barrel. Over the week, Brent crude rose by 7.6%, while U.S. crude increased by about 10%, as supply routes in the Middle East continued to be affected.
radioalgerie.dz
Solar power plants are facing an increasing challenge due to wildfires, amid a rise in the frequency of these fires in Algeria in recent years, necessitating the enhancement of preventive measures and the protection of photovoltaic facilities, especially as the country expands its reliance on solar energy and develops new projects for electricity generation from renewable sources. According to a report from the specialized platform 'Energy', protecting solar power plants from wildfires requires a package of measures, primarily reducing vegetation and flammable materials, providing emergency service corridors, as well as fire-fighting equipment and prior coordination with local authorities and firefighting teams. Watch the full content on الشروق أونل...
echoroukonline.com
The OPEC+ alliance is set to maintain its oil production policy unchanged for October during its scheduled meeting on Sunday, according to three informed sources quoted by Reuters, as the alliance completes a rollback of part of the production cuts and shifts its focus to next year's production quota negotiations. The meeting comes amid ongoing repercussions of the war in Iran on oil exports through the Strait of Hormuz, and representatives from seven key OPEC+ countries will participate in Sunday’s meeting, namely Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman, which have raised their monthly production quotas throughout most of this year. View the full content on Echourouk Online.
echoroukonline.com
Oil prices fell slightly today, Friday, continuing to be affected by developments in international geopolitical situations. Brent crude from the North Sea for November delivery fell slightly by 0.40% to $95.14 per barrel. Meanwhile, its American counterpart, West Texas Intermediate for October delivery, decreased by 0.61% to $90.74 per barrel.
radioalgerie.dz
Oil prices varied at settlement yesterday, Thursday. Brent crude futures fell by 11 cents, or 0.12 percent, to $95.52 per barrel. U.S. West Texas Intermediate futures rose by 29 cents, or 0.32 percent, to $91.30. Both crude types recorded their highest levels in six weeks earlier in the session.
radioalgerie.dz