Energy & Hydrocarbons

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

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Energy & Hydrocarbons
Algeria and Senegal Agree to Strengthen Cooperation in Electricity and Renewable Energies

Algeria and Senegal Agree to Strengthen Cooperation in Electricity and Renewable Energies

On Monday, Minister of Energy and Renewable Energies, Mourad Adjali, held talks via videoconference with Senegalese Minister of Energy and Petroleum, Haji Abdou Rahman Diouf, aimed at discussing ways to enhance and expand bilateral cooperation in the fields of energy, electricity, and renewable energies, according to a statement from the ministry. The two sides discussed the current state of cooperation between the two countries and prospects for its development, particularly through intensifying the exchange of expertise, experiences, training, and technology transfer, as well as exploring ways to implement practical and tangible projects in the energy sector.

Aug 31, 2026radioalgerie.dz
Energy & Hydrocarbons
Back to School: Mr. Ajal emphasizes the completion of connecting educational institutions to electricity and gas within the specified deadlines

Back to School: Mr. Ajal emphasizes the completion of connecting educational institutions to electricity and gas within the specified deadlines

The Minister of Energy and Renewable Energies, Mourad Ajal, chaired today, Monday in Algiers, the works of the sectoral coordination committee meeting dedicated to monitoring and studying the progress of connecting educational institutions, universities, and vocational training institutes to the electricity and gas networks, in preparation for the upcoming school year, emphasizing the need to complete them within the specified deadlines, according to a statement.

Aug 31, 2026radioalgerie.dz
Energy & Hydrocarbons
AL24 | الاقتصاد

Delcy Rodríguez: The energy agreement with the United States will remain in effect for 25 years

The interim Venezuelan president, Delcy Rodríguez, stated that the energy agreement with the United States will remain in effect for 25 years, aiming to increase crude oil production to 1.5 million barrels per day and maintain the country's sovereignty over its natural resources. Rodríguez praised the agreement in a speech delivered late last night, describing it as a 'historic' agreement that will help revive the economy, increase government revenues, and shape the country's future. Rodríguez said on the state channel VTV, 'This bilateral project, which extends for 25 years, includes a vision for the development of 17 strategic oil fields with the aim of producing more than 1.5 million barrels per day.'

Aug 30, 2026al24news.dz
Energy & Hydrocarbons
AL24 | الاقتصاد

Trump Announces Major Oil Deal with Venezuela

U.S. President Donald Trump announced an agreement with Venezuela that allows his country to control over 65 billion barrels of proven oil reserves in Venezuela. Trump wrote on Truth Social yesterday, 'At my direction, Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, in close cooperation with the esteemed interim President of Venezuela, Delcy Rodríguez, and through a partnership with private companies, have secured a controlling American majority over more than 65 billion barrels of proven oil reserves in Venezuela, at no cost to American taxpayers.' He did not provide additional details about the agreement. For her part, interim President of Venezuela, Delcy Rodríguez, welcomed...

Aug 29, 2026al24news.dz
Energy & Hydrocarbons
SONATRACH and the Chinese Anton Group sign a memorandum of understanding to enhance cooperation in the oil and gas sector

SONATRACH and the Chinese Anton Group sign a memorandum of understanding to enhance cooperation in the oil and gas sector

SONATRACH and the Chinese Anton Group for oil field technology signed a memorandum of understanding today, Saturday, in Beijing (China), aimed at exploring cooperation opportunities in the oil and gas sector and related services, according to a statement from SONATRACH. The protocol was signed during a ceremony organized on the sidelines of the visit by the CEO of SONATRACH, Nourredine Daoudi, to China, accompanied by a high-level delegation.

Aug 29, 2026radioalgerie.dz