Energy & Hydrocarbons

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

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The CEO of SONATRACH emphasizes the importance of strict adherence to health and safety standards at production facilities

The CEO of SONATRACH emphasizes the importance of strict adherence to health and safety standards at production facilities

The CEO of SONATRACH, Nourredine Daoudi, emphasized the 'utmost' importance of strict adherence to health, safety, and environmental requirements at production facilities. This came during a work visit and inspection he conducted last Thursday to the Arzew refinery in Oran province following the incident that occurred at the 5-liter final oil filling unit with a capacity of 3900, aimed at assessing the situation on-site and closely examining the circumstances of the incident, according to what the Algerian news agency reported from a statement issued by the group on Saturday, July 11.

Jul 11, 2026echoroukonline.com
15 Gigawatts in 9 Years.. Algeria's Bet on Solar Energy

15 Gigawatts in 9 Years.. Algeria's Bet on Solar Energy

Algeria aims to increase its solar and renewable energy capacity to 15 gigawatts by 2035, having already begun implementing an initial program to develop 3.2 gigawatts through the launch of up to 20 utility-scale projects distributed across 12 provinces. These steps come to meet the growing local demand, reduce carbon emissions, and free up larger quantities of natural gas for export, amid sector assurances that achieving these goals requires accelerating investments and transitioning to an Independent Power Producers (IPP) model to open the market to the private sector and global companies. Read the full content on الشروق أونلاين.

Jul 11, 2026echoroukonline.com
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