Energy & Hydrocarbons

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

Showing 541–552 of 2,976 articles
Investment & FDI
ECOTIMES

A committed continental strategy: How Algeria varies its financing methods

The African Import-Export Bank Afreximbank announced last Monday the unlocking of a facility of 200 million dollars aimed at supporting the execution of a large-scale oil and gas contract in the Hassi Bir Rekaiz field, in Algeria. This operation is part of a series of financings centered around a central objective claimed by the institution: to accelerate regional economic integration by providing direct support to major industrial and energy projects. In this context, Algeria does not position itself as a mere host. It joined Afreximbank as an active...

Jul 23, 2026ecotimesdz.com
Banking & Finance
ECOTIMES

Mohamed Krim, management consultant and former bank CEO: "This is not a change in doctrine regarding debt"

Afreximbank announced the release of 200 million dollars in favor of Shoreline and Arkad SpA, and CEPSA tasked with executing part of the 980 million dollar contract with SONATRACH for the HBR project in Algeria. What does this concretely mean for Algeria? Is it a form of external financing for the country? Mohamed Krim: The announcement from Afreximbank does not mean that Algeria has benefited from a loan of 200 million dollars nor that SONATRACH has incurred debt with this institution. It is financing granted to Shoreline and Arkad SPA, the companies tasked with...

Jul 23, 2026ecotimesdz.com
Energy & Hydrocarbons
Algerian shale gas: Beyond rent and fears, thinking about the resource through competence

Algerian shale gas: Beyond rent and fears, thinking about the resource through competence

In this contribution addressed to Eco Times, geophysicist Badrezzamane Hedjazi invites to move beyond the simple logic of rent to approach shale gas through the lens of competitiveness. Indeed, in the face of the inevitable decline of conventional deposits, this potential represents a major growth lever, too often blocked by poorly framed environmental arbitrations. While Algeria holds the 3rd largest global potential, Mr. Hedjazi believes that the real economic challenge lies not in the volume of reserves, but in the valorization of local human capital.

Jul 23, 2026ecotimesdz.com
Energy & Hydrocarbons
Before the Algerian gas agreement.. Spain resorts to coal stations to ensure electricity stability

Before the Algerian gas agreement.. Spain resorts to coal stations to ensure electricity stability

Algeria is moving to strengthen its position as the largest gas supplier to Spain, following a preliminary agreement to increase its gas exports starting in 2027, as part of an anticipated agreement that prioritizes supplies through the Medgaz pipeline. This comes as Madrid continues to rely on Algerian gas to ensure its energy security, coinciding with the restart of some coal stations to counter the decline in renewable energy production. The Energy Research Platform reported, citing informed sources, that Algeria has preliminarily agreed to increase supplies directed to the Spanish market, prioritizing gas transported via the Medgaz pipeline, which directly connects the two countries across the Mediterranean Sea. View the full content on...

Jul 22, 2026echoroukonline.com
Energy & Hydrocarbons
Ajjal follows up on the implementation of strategic projects and cooperation files with Chad and Niger

Ajjal follows up on the implementation of strategic projects and cooperation files with Chad and Niger

The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a meeting dedicated to following up on the implementation of several priority strategic projects and files in the sector, focusing on cooperation with Chad and Niger, alongside gas transport activities and the national model for energy consumption, according to a statement from the ministry. The meeting included officials from the ministry and key officials from the SONELGAZ group, where the progress of the listed projects and files was reviewed through technical presentations that addressed the achievements made, the challenges recorded, and the prospects for addressing them, ensuring compliance with the specified deadlines and achieving the set objectives. Read the full content on Echourouk Online.

Jul 22, 2026echoroukonline.com
Energy & Hydrocarbons
Oil prices rise by about 2 percent

Oil prices rise by about 2 percent

Oil prices rose by about two percent today, Tuesday, reaching their highest levels in five weeks, amid fears of worsening energy supply disruptions in the Middle East. Brent crude futures increased by $1.83, or 2.1 percent, to $91.05 per barrel. West Texas Intermediate crude rose by $1.92, or 2.3 percent, to $85.15.

Jul 21, 2026al24news.dz
Energy & Hydrocarbons
Meeting to Follow Up on the Implementation of Strategic Projects and Cooperation Files with Chad and Niger

Meeting to Follow Up on the Implementation of Strategic Projects and Cooperation Files with Chad and Niger

Algeria - The Minister of Energy and Renewable Energies, Mourad Adjall, chaired a meeting today, Tuesday, in Algiers, dedicated to following up on the implementation of several priority strategic projects and files in the sector, focusing on cooperation and partnership files, as well as gas transport activities and the national model for energy consumption, according to a statement from the ministry.

Jul 21, 2026aps.dz
Energy & Hydrocarbons
Aqrab discusses with his Bosnian counterpart opportunities for cooperation in oil, gas, and technology transfer

Aqrab discusses with his Bosnian counterpart opportunities for cooperation in oil, gas, and technology transfer

The Minister of State, Minister of Energy, Mohamed Aqrab, discussed with the Federal Minister of Energy, Mining, and Industry of Bosnia and Herzegovina, Firdan Lakic, ways to enhance cooperation in the sector. According to the ministry, the meeting was held today, Tuesday, July 21, via videoconference, and included the participation of the Algerian ambassador to Bosnia and Herzegovina, the general director of the Bosnian national company 'EnergoInvest', the general director of the Bosnian oil company, and officials from both sides.

Jul 21, 2026echoroukonline.com