Energy & Hydrocarbons

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

Showing 649–660 of 2,976 articles
Oil demand recovers.. Growth of 1.2 million barrels in the last quarter

Oil demand recovers.. Growth of 1.2 million barrels in the last quarter

The International Energy Agency has lowered its forecast for the contraction of global oil demand in 2026 to one million barrels per day, compared to 1.1 million barrels per day in its previous estimates, with an expected average global consumption of 103.5 million barrels per day, according to the agency's latest report released yesterday, Friday. The agency predicted that global oil demand would begin to recover during the fourth quarter of this year with an increase of 1.2 million barrels per day, after a sharp decline during the first half of the year, and it also anticipated an increase in demand of about two million barrels per day in 2027, despite the growth rate remaining below historical averages. View the full content on الشروق أونلاين

Jul 11, 2026echoroukonline.com
Algeria Tops Gas Suppliers to Spain with a Share of 42.7%

Algeria Tops Gas Suppliers to Spain with a Share of 42.7%

Algeria maintained its position as the largest supplier of natural gas to Spain in 2026, with exports reaching 13,367 gigawatt-hours in May, marking an increase of 64.2% compared to the same period last year, capturing 42.7% of total Spanish gas imports during the month, according to the Spanish newspaper 'La Razón' based on data from the Spanish Strategic Petroleum Reserves Agency. The newspaper noted that Algeria strengthened its leadership in the Spanish market during the first five months of the year, with exports totaling 53,770 gigawatt-hours between January and May, an annual increase of 8.6%, thus remaining the main gas supplier...

Jul 10, 2026echoroukonline.com
Algeria Ranks Seventh in the World for Liquefied Natural Gas

Algeria Ranks Seventh in the World for Liquefied Natural Gas

The global capacity for liquefied natural gas reached approximately 524.5 million tons annually by the end of 2025, marking a growth of 30.1 million tons per year compared to the previous year, supported by the commissioning of new projects in the United States, Canada, and other regions. Algeria ranked seventh globally with an operational capacity of 25.5 million tons per year. A recent report from the International Gas Union, reviewed by the specialized Energy Research Unit, indicated that the enhancement of global liquefaction capacities coincided with new projects totaling 68.4 million tons per year receiving final investment decisions, the highest level since 2019. View the full content on الشروق أونلاين...

Jul 10, 2026echoroukonline.com
With a capacity of 25.5 million tons annually.. Algeria is the seventh largest global power in LNG production

With a capacity of 25.5 million tons annually.. Algeria is the seventh largest global power in LNG production

The global capacity for liquefied natural gas reached approximately 524.5 million tons annually by the end of 2025, marking a growth of 30.1 million tons annually compared to the previous year, supported by the commissioning of new projects in the United States, Canada, and other regions. Algeria ranked seventh globally with an operational capacity of 25.5 million tons annually. A recent report from the International Gas Union, reviewed by the specialized Energy Research Unit, indicated that the enhancement of global liquefaction capacities coincided with new projects totaling 68.4 million tons annually receiving final investment decisions, the highest level since 2019. View the full content on الشروق أونلاين...

Jul 10, 2026echoroukonline.com
Brent crude at $76.30 per barrel

Brent crude at $76.30 per barrel

On Thursday, oil prices recorded a decline of about 2 percent at settlement. Brent crude futures fell by $1.72 or 2.2 percent at settlement, reaching $76.30 per barrel. Meanwhile, West Texas Intermediate futures dropped by $1.44 or 1.96 percent, reaching $72.08 per barrel.

Jul 10, 2026radioalgerie.dz
Signing of a framework agreement between the National Electronic Industries Corporation and the Electricity of Algeria to develop the national industry and localize projects

Signing of a framework agreement between the National Electronic Industries Corporation and the Electricity of Algeria to develop the national industry and localize projects

Sidi Bel Abbes - The National Electronic Industries Corporation 'INI' signed a framework agreement today, Thursday, in Sidi Bel Abbes, with the Electricity of Algeria, aimed at enhancing cooperation and partnership in the field of supplying electrical and electronic products and executing joint projects, according to what was reported by the media and communication cell of the corporation.

Jul 9, 2026aps.dz
SONATRACH clarifies what happened at the Arzew refinery and reassures

SONATRACH clarifies what happened at the Arzew refinery and reassures

SONATRACH announced in a statement today, Thursday, July 9, that an incident occurred at the Arzew refinery, located in the industrial area of Arzew, Oran Province, specifically at the filling unit for final oils with a capacity of 5 liters 3900, at 2:30 AM. SONATRACH confirmed that "the situation was fully controlled by 4:40 AM, with no injuries or human losses recorded, thanks to the activation of the mutual assistance plan and the deployment of resources from the tactical command center in Arzew, with the help of civil protection services." Read the full content on Echourouk Online.

Jul 9, 2026echoroukonline.com
Accident at Arzew Refinery.. SONATRACH Clarifies and Assures

Accident at Arzew Refinery.. SONATRACH Clarifies and Assures

SONATRACH announced in a statement today, Thursday, July 9, that an accident occurred at the Arzew refinery, located in the industrial area of Arzew, Oran Province, specifically at the filling unit for final oils with a capacity of 5 liters 3900, at 2:30 AM. SONATRACH confirmed that 'the situation was fully controlled at 4:40 AM, with no injuries or human losses recorded, thanks to the activation of the mutual assistance plan and the deployment of resources from the tactical command center in Arzew, with the assistance of civil protection services.' View the full content on Echourouk Online.

Jul 9, 2026echoroukonline.com
Accident at Arzew Refinery.. SONATRACH Assures

Accident at Arzew Refinery.. SONATRACH Assures

The SONATRACH group announced that an accident occurred today, Thursday at 2:30 AM, at the Arzew refinery (Wahran Province), with no injuries or human losses reported, assuring that the situation is fully under control. The accident specifically took place at the filling unit for final oils with a capacity of 5 liters 3900 at the refinery located in the Arzew industrial area, according to the group’s statement […]

Jul 9, 2026echaab.dz
New American Strikes on Iran Support Global Oil Gains

New American Strikes on Iran Support Global Oil Gains

Oil prices rose on Thursday amid escalating geopolitical tensions following the United States' execution of new strikes targeting sites inside Iran, raising market concerns about the stability of global energy supplies and the security of navigation in the Strait of Hormuz. Brent crude futures recorded an increase of 88 cents, equivalent to 1.13 percent, reaching $78.90 per barrel, while futures contracts...

Jul 9, 2026al24news.dz