Oil, gas, petrochemicals, Sonatrach, and energy sector developments
The Minister of State, Minister of Energy, Mohamed Aqrab, discussed via videoconferencing with the Federal Minister of Energy, Mines, and Industry of Bosnia.
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Algeria led the growth of the European Union's natural gas imports via pipelines during the first half of 2026, having increased its exports to both Spain and Italy, contributing to a 3% year-on-year increase in the total imports of the European bloc to reach 73 billion cubic meters, compared to 71 billion cubic meters during the same period in 2025, according to a report issued by the Energy Research Unit. Data showed that Algeria's pipeline exports to Spain rose by 13% during the first six months of the current year, while supplies to Italy increased by 4% compared to the same period last year, making Algeria the main driver of gas flow growth to the European market.
echoroukonline.com
Brent crude jumped today, Tuesday, to $91.05 per barrel, amid fears of worsening energy supply disruptions in the Middle East. The jump in Brent crude coincided with a nearly two percent rise in oil prices, reaching their highest levels in five weeks, with Brent futures rising by $1.83 (2.1 percent), approaching the $92 per barrel mark.
radioalgerie.dz
The Minister of Energy and Renewable Energies, Mourad Ajal, 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.
radioalgerie.dz
Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Arqab, discussed via videoconference with the Federal Minister of Energy, Mining and Industry of Bosnia and Herzegovina, Verdan Laketic, ways to enhance cooperation in the sector, according to a statement from the ministry.
radioalgerie.dz
The record heatwave that swept the region in recent days revealed a clear disparity in the ability of Algeria, Tunisia, and Libya to handle disruptions in electrical networks, as Algeria successfully contained a widespread power outage and gradually restored supply in a short time, while Tunisia and Libya faced greater repercussions that extended to human losses, protests, and a near-total collapse of the electrical grid. A report from the specialized platform 'Energy' showed that the faults experienced by the three countries differed in their causes, but the speed of response and crisis management efficiency were the distinguishing factors in mitigating their effects, at a time when heat waves imposed record levels of demand for electricity.
echoroukonline.com
The record heatwave that swept the region in recent days revealed a clear disparity in the ability of Algeria, Tunisia, and Libya to handle disruptions in electrical networks, as Algeria succeeded in containing a widespread power outage and gradually restoring supply in a short time, while Tunisia and Libya faced greater repercussions that extended to human losses, protests, and a near-total collapse of the electrical grid. A report from the specialized platform 'Energy' showed that the faults experienced by the three countries differed in their causes, but the speed of response and crisis management efficiency were the decisive factors in mitigating their effects, at a time when heatwaves imposed record levels of electricity demand.
echoroukonline.com
The distribution pole for Algiers, part of the Algerian Electricity and Gas Company 'SONELGAZ-DISTRIBUTION', has urged its customers, especially shop owners and economic activities, to rationalize electricity consumption during the heatwave the country is experiencing, by following simple measures that contribute to alleviating pressure on the distribution network and ensuring stable electricity supply. The pole clarified, in a statement issued yesterday, that this call comes in light of the special weather bulletin issued by the National Meteorological Office, which predicts the continuation of the heatwave until Tuesday, July 21, 2026, emphasizing the importance of rationalizing consumption, especially during peak hours extending from 2 PM...
echoroukonline.com
The SONATRACH group and the German energy group 'VNG' have signed a new contract for natural gas supply, which stipulates an increase in the quantities of gas directed to the German market starting from January 1, 2027, as part of the official visit by President Abdelmadjid Tebboune to the Federal Republic of Germany. View the full content on Echourouk Online.
echoroukonline.com
The SONATRACH group and the German energy group 'VNG' have signed a new contract for the supply of natural gas, which stipulates an increase in the quantities of gas directed to the German market starting from January 1, 2027, as part of the official visit by the President of the Republic, Abdelmadjid Tebboune, to the Federal Republic of Germany. SONATRACH clarified in a statement issued yesterday, Sunday, that the contract was signed on Thursday by the CEO of the group, Nourredine Daoudi, and the Chairman of the Board of 'VNG', Ulf Heitmüller, during a ceremony overseen by the Minister of State, Minister of Energy, Mohamed Arkab, and the German State Secretary at the Federal Ministry of Economics and Energy, Frank Wetzl, in the presence of...
echoroukonline.com
Algeria - The SONATRACH group and the German company 'VNG' signed a natural gas supply contract during the official visit of the President of the Republic, Mr. Abdelmadjid Tebboune, to the Federal Republic of Germany, as stated today, Sunday, in a statement from SONATRACH.
aps.dz
Oil prices rose by more than three percent in early Asian trading, with Brent crude surpassing $90 a barrel. Brent crude futures jumped $2.75 or 3.12 percent to $90.85 a barrel, while West Texas Intermediate futures increased by $2.56 or 3.10 percent to $85.05 a barrel.
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