Energy & Hydrocarbons

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

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Energy & Hydrocarbons
Does Algerian oil production return to the threshold of one million barrels per day?

Does Algerian oil production return to the threshold of one million barrels per day?

Algeria's crude oil production increased by 5,000 barrels per day in June 2026, reaching 987,000 barrels per day, marking its highest level in over three years, according to the latest monthly report from the Organization of the Petroleum Exporting Countries (OPEC). The data showed that Algerian production rose compared to May, when it was 982,000 barrels per day, continuing its upward trend and nearing the recovery of the one million barrels per day threshold, which has not been recorded since April 2023, when production reached 1.01 million barrels per day. View the full content on الشروق أونلاين.

Jul 14, 2026echoroukonline.com
Energy & Hydrocarbons
After 3 years of waiting.. Will Algerian oil production return to the million barrels per day threshold?

After 3 years of waiting.. Will Algerian oil production return to the million barrels per day threshold?

Algeria's crude oil production increased by 5,000 barrels per day in June 2026, reaching 987,000 barrels per day, marking its highest level in over three years, according to the latest data from the monthly report of the Organization of the Petroleum Exporting Countries (OPEC). The data showed that Algerian production rose compared to last May, when it was 982,000 barrels per day, continuing its upward trend, approaching the recovery of the one million barrels per day barrier that has not been recorded since April 2023, when production reached 1.01 million barrels per day. View the full content on الشروق أونلاين.

Jul 14, 2026echoroukonline.com
Energy & Hydrocarbons
Algerian Sahara Blend Tops Arab Oil Gains

Algerian Sahara Blend Tops Arab Oil Gains

The Algerian Sahara Blend recorded the largest increase in value among Arab crude oils during the first half of 2026, with a price rise of $23.91 per barrel, reaching an average of $96.04, achieving a growth of over 33 percent compared to the same period in 2025. The monthly report from the Organization of the Petroleum Exporting Countries (OPEC) indicated that the rise in the price of the Algerian Sahara Blend came amid a wave of increases recorded by various Arab crude oils during the first six months of this year, where the average price of the OPEC basket rose by 30 percent to $93.67 per barrel, compared to $72.04 during the same period last year. View the full content on الشروق أونلاين.

Jul 14, 2026echoroukonline.com
Energy & Hydrocarbons
Oil prices jump to highest level in a month.. Hormuz Strait tensions shake global markets

Oil prices jump to highest level in a month.. Hormuz Strait tensions shake global markets

Oil prices recorded a strong increase today, Tuesday, reaching their highest levels in a month, driven by rising tensions in the Hormuz Strait, one of the most important strategic passages for global energy trade, raising concerns among investors about the security of global crude supplies. Brent crude rose by about 2 percent to reach $84.98 per barrel, while West Texas Intermediate rose by 2.1 percent …

Jul 14, 2026al24news.dz
Energy & Hydrocarbons
OPEC Cuts Its Forecast for Global Oil Demand Growth to 780,000 Barrels Per Day

OPEC Cuts Its Forecast for Global Oil Demand Growth to 780,000 Barrels Per Day

The Organization of the Petroleum Exporting Countries (OPEC) has again lowered its forecast for global oil demand growth in 2026 to 780,000 barrels per day, marking the third consecutive downward revision, despite its continued expectations for an improvement in the global economy during the remaining period of the year and raising its estimates for demand growth in 2027. A copy of the organization's monthly report showed that OPEC reduced its forecast for global oil demand growth compared to its previous estimate of 970,000 barrels per day, while continuing to assess the implications of the US-Israeli war on Iran and its effects on energy consumption, considering that its repercussions will be less than the estimates of some other entities, such as the International Energy Agency.

Jul 14, 2026echoroukonline.com
Sustainability & Green Economy
APS | صناعة، طاقة ومناجم

Arqab Receives CEO of Norwegian Company 'ICA Finance'

Algeria - Today, Monday, the Minister of State, Minister of Energy, Mohamed Arqab, received the CEO of the Norwegian company 'ICA Finance', Matthew Harwood, in Algiers, where the two sides discussed ways to enhance cooperation, particularly in the areas of reducing greenhouse gas emissions, according to a statement from the ministry.

Jul 13, 2026aps.dz