Oil, gas, petrochemicals, Sonatrach, and energy sector developments
The development of the oil and gas sector is at the heart of Algeria's concerns. In fact, significant investments will be deployed by Sonatrach to achieve this goal.
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As the world approaches 2026, the global economy seems to be heading towards a zone of turbulence where the key word is 'uncertainty'. Two dynamics are about to collide: the bubble of artificial intelligence and the oil shock.
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Algeria's natural gas production reached 8 billion cubic meters in October, marking a 4.4% increase compared to the same period last year.
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The hydraulic sector in Ouled Djellal wilaya has been strengthened by the reception of 12 new wells drilled in
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On Friday morning, December 26, the national iron and steel company 'Ferarl' under the 'Sonarm' group, carried out a blasting operation as part of the ongoing iron ore extraction process from the Gara Djebilet West mine. According to Sonarm, this is the first operation of its kind in terms of volume, and it was carried out in good conditions, under the supervision of the national explosives office, while taking into account all strict security and safety measures, allowing for the blasting of over 75,000 tons of iron ore. Watch the full content on Al-Shorouk Online
echoroukonline.com
The mining, energy, and renewable energy sectors have witnessed a rapid pace of completion for major structural projects with a national economic dimension in 2025. The exploitation of a significant part of these projects is expected to start soon, similar to the Gara Djebilet iron mine (Tindouf) in early 2026.
echaab.dz
Oil prices rose slightly on Friday in gold market transactions. The Brent futures contract increased by 0.09% to $62.29 per barrel, while the West Texas Intermediate futures contract rose by 0.10% to $58.41 per barrel.
echaab.dz
The General Assembly of Sonatrach approved the company's annual budget for 2026, as well as the medium-term development plan for the period 2026-2030. According to a statement issued by the Ministry of Energy and Mines, on Thursday, Sonatrach aims to enhance exploration and production activities, as well as develop the petrochemical and refining industries, to meet the needs of the national market and support export capacities. The meeting also touched on Sonatrach's efforts in the field of governance, digitization, and energy transition, emphasizing the company's commitment to respecting international standards and best practices.
echoroukonline.com
The general assembly has approved a ambitious budget for 2026 and adopted a comprehensive development plan until 2030.
elkhabar.com
Oil prices remained stable on Friday, despite geopolitical risks in various parts of the world, amid a decline in trading activity, particularly at the end of the year. Brent North Sea crude oil rose by 0.13% to $62.32 a barrel, while West Texas Intermediate crude oil rose by 0.15% to $58.44 a barrel, in mid-session trading.
radioalgerie.dz
The mining, energy, and renewable energy sectors have seen an accelerated pace of completion for major structural projects with a national economic impact in 2025. Soon, the exploitation of a significant part of these projects will begin, similar to the Gara Djebilet iron mine (Tindouf) in early 2026. This dynamic will enable the entry of several strategic projects.
radioalgerie.dz
The Gara Djebilet mine (Tindouf Province, Western Algeria) witnessed the implementation of an explosive blasting operation for iron ore extraction on Friday. According to a statement by the National Company for Iron and Steel (Ferarl), a subsidiary of the public group (Sonarm), the operation was carried out under the supervision of the National Office for Explosives. The statement highlighted that the operation, the first of its kind in terms of quantity, was carried out in good conditions.
radioalgerie.dz