Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices rose by more than 2 percent at settlement yesterday, ending a three-session losing streak. Brent crude futures climbed $1.86 or 2.1 percent to $89.70 per barrel. U.S. West Texas Intermediate crude futures increased $1.30, or 1.6 percent, to $83.53 per barrel.
North America strengthens its position as the leading production hub, while Algeria consolidates its role as a supplier to Europe.
Global demand for natural gas rose to a record level of 4.202 billion cubic meters in 2025, (+1.7 percent year-on-year), equivalent to 69 billion cubic meters, according to the Global Gas Report 2026 released today, Wednesday, by the International Gas Union, which highlighted that gas will continue to play a pivotal role in the global energy system. The report explained that the rise …
The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and the Minister of Energy and Renewable Energies, Mourad Adjoul, held a coordinating meeting today, Wednesday, dedicated to discussing the management of the demand of major gas consumers at the national level, according to a statement from the Ministry of Energy.
To follow up on files related to his sector.
The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a meeting today, Wednesday, in Algiers, dedicated to following up on several files related to the energy sector, particularly management files at Sonelgaz and preparations for the social entry 2026-2027, according to a statement from the ministry.
GIZ presents Algeria's advantages to investors in green hydrogen: competitive costs, infrastructure, and strategic objectives
Algeria becomes the leading supplier of ammonia to Norway in July 2026, surpassing the United States.
Algeria - The African Petroleum Producers Organization announced today, Tuesday, that the first African bidding platform in the energy sector on the continent will be officially launched tomorrow, Wednesday, with the aim of facilitating local companies' access to energy markets.
The African Petroleum Producers Organization announced today, Tuesday, the official launch of the first African bidding platform in the energy sector on the continent this Wednesday. This aims to facilitate local companies' access to energy markets. The organization clarified that this platform will allow the continent to benefit more from added value and enhance its industrial capabilities. It highlighted its commitment to creating equal opportunities for African companies.
Gas production in Algeria reaches 54.01 billion m³ in the first half of 2026, driven by upstream investments.
In light of the CBAM mechanism and EU requirements, discover Algeria's industrial decarbonization strategy.