Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Algeria - The delegation of Naftal continued its field mission in Niger by inspecting energy facilities and investment sites, with the aim of assessing cooperation and investment opportunities included in the memorandum of understanding signed with the Nigerien Petroleum Company 'SONIDEP', according to a statement from the company.
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The ordinary general assembly of SONATRACH approved the consolidated accounts of the group and the financial accounts of the company for the year 2025 during a meeting dedicated to reviewing financial performance and monitoring the progress of major structural projects of the group. The general assembly was held yesterday, Tuesday, at the headquarters of SONATRACH's general management, chaired by the Minister of State, Minister of Energy, Mohamed Arkab, with the participation of members of the general assembly of the group, including Minister of Finance Abdel Karim Bouzerd, Governor of the Bank of Algeria Mohamed Lamine Labbou, representative of the Presidency of the Republic Fawzi Amkrane, along with SONATRACH's CEO Nourredine Daoudi. Read the full content on Echourouk Online.
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Oil prices fell today, Wednesday, continuing the losses recorded this week, trading near the lowest levels in four months reached in the previous session.
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A delegation from Naftal continued its field mission in Niger by inspecting energy facilities and investment sites, with the aim of assessing cooperation and investment opportunities.
echaab.dz
A delegation from Naftal continued its field mission in the Republic of Niger through a series of technical visits that included energy facilities and investment sites in the cities of Zinder, Agadez, and Tahoua, as part of evaluating cooperation and investment opportunities outlined in the memorandum of understanding signed with the Nigerien Petroleum Company 'SONIDEP'. The visits included the city of Zinder, located about 900 kilometers southeast of the capital Niamey, where the delegation inspected several facilities belonging to 'SONIDEP', including a fuel storage depot and gas cylinder filling centers, and reviewed sites designated for potential future projects in fuel storage and distribution, aiming to assess their technical and logistical capabilities and their compatibility with the...
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Algeria, represented by the Minister of Internal Trade and National Market Regulation, Amaal Abdel Latif, chaired this Wednesday in the Austrian capital Vienna, the meeting of the Ministerial Council of the OPEC Fund for International Development (OFID), as part of its assumption of the presidency of this body for one year.
radioalgerie.dz
Oil prices fell this Wednesday, continuing the losses recorded this week, trading near their lowest levels in four months recorded in the previous session. Brent crude futures fell by 37 cents or 0.5 percent, reaching $76.71 per barrel, while West Texas Intermediate crude futures dropped by 36 cents or 0.5 percent, recording $72.85 per barrel. Both crude types had dropped by about one percent during trading on Tuesday, marking their lowest levels since early March.
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Received yesterday by the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, the head of the International Monetary Fund (IMF) mission,
ecotimesdz.com
The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received yesterday at the ministry's headquarters a delegation from Siemens Energy.
ecotimesdz.comAlgeria - The Minister of State, Minister of Energy, Mohamed Arkab, co-chaired with the Deputy Prime Minister of the Russian Federation, Dmitry Patrushev, the proceedings of the thirteenth session of the Algerian-Russian Joint Government Committee for Economic, Commercial, Scientific and Technical Cooperation, scheduled in the Russian capital Moscow from June 24 to 26, with the aim of evaluating the results of bilateral cooperation and exploring new prospects for partnership between the two countries.
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The Minister of State, Minister of Energy, Mohamed Aqrab, co-chairs the 13th session of the committee with the Deputy Prime Minister of the Russian Federation, Dmitry Patrushev.
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Algeria - Today, Tuesday, the Minister of State, Minister of Energy, Mohamed Arqab, received a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsongaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, according to a statement from the ministry.
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