Energy & Hydrocarbons

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

Showing 361–372 of 2,976 articles
Energy & Hydrocarbons
Electricity demand reaches a new historical peak of 21,828 megawatts

Electricity demand reaches a new historical peak of 21,828 megawatts

The demand for electrical energy across the country recorded a new record peak of 21,828 megawatts today, Wednesday, amid the ongoing heatwave affecting the country during the summer of 2026, accompanied by rising humidity levels across several provinces, according to a statement from the Ministry of Energy and Renewable Energies. The ministry reported that this peak was recorded by SONELGAZ through its branch SONELGAZ-Electricity Transmission and system operator at 14:30, marking the fifth record peak in electricity demand recorded during the summer of 2026.

Aug 19, 2026radioalgerie.dz
Energy & Hydrocarbons
The trend of rising crude oil prices continues in August: The oil boom boosts our revenues

The trend of rising crude oil prices continues in August: The oil boom boosts our revenues

Driven by the continuous rise in global crude oil prices and the increase in production volumes, Algeria's foreign currency revenues from hydrocarbons are expected to be massive for 2026. Despite a high-tension international geopolitical context disrupting global supply, this favorable situation offers a real financial breath of fresh air to the country. A strategic opportunity that should allow the Algerian economy to offset the rise in its imports and to finance its heavy investments in infrastructure and the mining sector with ease.

Aug 19, 2026ecotimesdz.com
Energy & Hydrocarbons
International Assets: The Winning Strategy of SONATRACH

International Assets: The Winning Strategy of SONATRACH

The international expansion of the Algerian giant SONATRACH is bearing fruit on the currency front. Beyond the historical volumes generated by gas and crude trading, it is the strategic industrial investments anchored in Italy, Spain, and Peru that are currently boosting the group's foreign profits. A review of a deployment beyond borders that is now establishing itself as one of the major pillars of its overall growth.

Aug 19, 2026ecotimesdz.com
Energy & Hydrocarbons
Methane emissions and decarbonization: Sonatrach and Eni strengthen their cooperation

Methane emissions and decarbonization: Sonatrach and Eni strengthen their cooperation

A new memorandum of understanding has just been signed between the two partner companies, Sonatrach announced in a statement. The strengthening of this Sonatrach-Eni alliance aims to accelerate Algeria's adaptation to new European environmental standards, particularly the restrictive regulation on methane adopted by the EU, by relying on the best international practices in the oil sector […]

Aug 18, 2026ecotimesdz.com