Energy & Hydrocarbons

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

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Appointment of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources

Appointment of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources

On Monday, the Minister of State and Minister of Hydrocarbons, Mohamed Arkab, oversaw the inauguration ceremony of Abdelkader Cherfaoui as Acting President of the National Agency for the Valorization of Hydrocarbon Resources, succeeding his predecessor Samir Bakhti. The Minister of State confirmed in a speech delivered on this occasion that 'this appointment comes within the framework of the ongoing dynamics witnessed by the hydrocarbon sector, embodying the strategic vision of the President of the Republic.'

Jul 13, 2026echoroukonline.com
Arkab discusses with a Norwegian company enhancing cooperation in emissions reduction and carbon technology development

Arkab discusses with a Norwegian company enhancing cooperation in emissions reduction and carbon technology development

The Minister of State, Minister of Energy, Mohamed Arkab, discussed with the CEO of the Norwegian company 'ICA Finance', Matthew Harwood, ways to enhance cooperation between SONATRACH and the Norwegian company in the fields of emissions reduction and the development of low-carbon technological solutions, supporting Algeria's efforts in energy transition and sustainable development. The Ministry of Energy stated in a statement that Arkab received, today Monday, Matthew Harwood in the presence of ministry officials, where the meeting was an opportunity to discuss cooperation prospects, particularly in the areas of reducing greenhouse gas emissions, methane emissions reduction, and decarbonization, in addition to carbon capture and storage (CCS) technologies.

Jul 13, 2026echoroukonline.com
Algeria Leads Gas Suppliers to Spain with 64.23 TWh

Algeria Leads Gas Suppliers to Spain with 64.23 TWh

Algeria maintained its position as the largest gas supplier to Spain during the first half of 2026, with exports reaching approximately 64.23 TWh, representing 33.9 percent of Madrid's total natural and liquefied gas imports, ahead of the United States and Russia, according to data from the Spanish gas network operator 'Enagas' reported by the specialized platform 'Energy'. According to the same data, Algeria's exports to the Spanish market during the period from January to June 2026 increased compared to the same period in 2025, with this year's exported quantities reaching approximately 64.22 TWh, distributed between 59.63 TWh of natural gas and 4.59 TWh of ...

Jul 13, 2026echoroukonline.com
Brent crude surpasses $79 per barrel

Brent crude surpasses $79 per barrel

Brent crude futures increased by $3.21 per barrel, reaching $79.22 per barrel. The rise in oil prices today, Monday, was 4.22 percent. West Texas Intermediate crude rose by $3.04 (4.26 percent) to $74.45 per barrel.

Jul 13, 2026radioalgerie.dz
Hydrocarbons: Arqab Receives the CEO of the Norwegian Company ICA Finance

Hydrocarbons: Arqab Receives the CEO of the Norwegian Company ICA Finance

On Monday, Minister of State, Minister of Hydrocarbons Mohamed Arqab received the CEO of the Norwegian company ICA Finance, Matthew Harwood, according to a statement from the ministry. This meeting, according to the statement, was 'an opportunity to discuss ways to enhance cooperation between SONATRACH and ICA Finance, particularly in the areas of reducing greenhouse gas emissions, lowering methane emissions, decarbonization, carbon capture and storage (CCS) technologies, and benefiting from Norwegian expertise in developing low-emission technological solutions, which supports Algeria's efforts in energy transition and achieving sustainable development.'

Jul 13, 2026radioalgerie.dz
Electricity Consumption: New Record Set Yesterday Afternoon

Electricity Consumption: New Record Set Yesterday Afternoon

The national electricity consumption recorded a new record of 21176 megawatts yesterday afternoon, according to the Director of Information and Communication at the Ministry of Energy and Renewable Energies, Khalil Hedna. Mr. Hedna explained that "following the severe heat wave affecting many provinces, the SONELGAZ group recorded a new record in electricity demand yesterday, July 12, 2026, through its subsidiary SONELGAZ Electricity Transport and System Manager, with a peak consumption of 21176 megawatts at 3 PM."

Jul 13, 2026radioalgerie.dz