
Oil prices exceed this threshold
To record gains for the third consecutive week.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

To record gains for the third consecutive week.

The SONELGAZ group, through its subsidiary SONELGAZ-Distribution, has initiated a national awareness and prevention campaign against the risks of unsafe gas use, particularly the danger of carbon monoxide poisoning, in preparation for the winter season 2026-2027, according to a statement from the group. This campaign, organized under the supervision of the Ministry of Energy and Renewable Energies, under the slogan 'Our Awareness Protects Us for a Safe Winter', aims to enhance citizen safety and instill preventive behaviors within homes, through a comprehensive program extending across various provinces of the country, combining field interventions, inspections, maintenance, and awareness-raising.

Amid rising concerns over supplies in the Middle East.

Oil prices stabilized at settlement on Wednesday, with Brent crude futures rising three cents, or 0.03%, to $108.82 at settlement. West Texas Intermediate crude fell 67 cents, or 0.7%, to $97.15 per barrel. Both benchmarks rose by as much as two dollars earlier in the session, as Brent hovered near its highest levels in five months.

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A budget of 123.4 billion DA has been mobilized for the upcoming fiscal year as part of the 2027 finance bill.

Paris requests additional volumes of Algerian hydrocarbons: oil sharply rising, LNG more difficult to unlock

Algeria - The Minister of Energy and Renewable Energies, Mourad Adjail, announced today, Tuesday, that 107,704 agricultural investments have been connected to electricity since 2022, confirming the continuation of efforts aimed at improving public energy service and meeting the increasing national demand for electricity and gas.

Oil prices rose today, Tuesday, as markets await developments in the geopolitical situation in the Middle East. The price of a barrel of Brent crude has increased.

Algeria has allocated 123.4 billion dinars for the energy and renewable energy sector within the draft finance law for 2027, with the majority of the funds directed towards electricity and gas connection programs, supporting energy bills in the south and high plateaus, and developing renewable energies and consumption control, as revealed by the Minister of Energy and Renewable Energies, Mourad Adjail, during his presentation before the Finance and Budget Committee of the National People's Assembly on Tuesday. Read the full content on Echourouk Online.

Oil prices rose today, Tuesday, with Brent crude nearing its highest level in five months.