Energy & Hydrocarbons

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

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Algerian gas production rises to 8.45 billion cubic meters

Algerian gas production rises to 8.45 billion cubic meters

Algeria's natural gas production recorded an increase of 7.1 percent in April 2026, reaching 8.447 billion cubic meters, an increase of over 560 million cubic meters compared to the same month in 2025, while exports rose to 3.937 billion cubic meters, supported by increased gas flows through pipelines. Data from the Energy Research Unit showed that Algerian production rose from 7.885 billion cubic meters in April 2025 to 8.447 billion cubic meters in April 2026, equivalent to an average of 9.9 billion cubic feet per day compared to 9.3 billion cubic feet per day a year earlier. View the full content on الشروق أونلاين

Jun 23, 2026echoroukonline.com
Sonelgaz Allocates 433 Million Dinars to Strengthen the Electricity Network in the Capital During Summer 2026

Sonelgaz Allocates 433 Million Dinars to Strengthen the Electricity Network in the Capital During Summer 2026

The Algerian Electricity and Gas Company 'Sonelgaz-Distribution' has allocated significant resources and investments to ensure regular and continuous electricity supply in Algiers during the summer of 2026, amid expectations of an increase in electricity demand to 2300 megavolt-amperes, a 7 percent increase compared to last year. The company revealed, during a press conference organized by the Algiers pole of 'Sonelgaz-Distribution' to present the activity report for 2025 and preparations for summer 2026, an investment of more than 433 million dinars to establish new facilities aimed at strengthening transmission and distribution networks and improving service stability during peak periods. Read the full content on Echourouk Online.

Jun 23, 2026echoroukonline.com
Hydrocarbons: Aqrab Receives a Delegation from the International Monetary Fund

Hydrocarbons: Aqrab Receives a Delegation from the International Monetary Fund

Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, 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.

Jun 23, 2026radioalgerie.dz
The United States Lifts Sanctions on Iranian Oil for Sixty Days

The United States Lifts Sanctions on Iranian Oil for Sixty Days

The U.S. Treasury Department issued a license today, Monday, to lift sanctions on Iranian oil for 60 days as part of a temporary agreement to end the war. The license allows for the production, delivery, and sale of Iranian oil, and is valid until August 21. The decision is a result of talks that took place yesterday at the Swiss resort of Bürgenstock, mediated by Pakistan and Qatar, where the meeting concluded with an agreement on a roadmap for ...

Jun 22, 2026al24news.dz
Oil: Brent crude at $79.19 per barrel

Oil: Brent crude at $79.19 per barrel

Oil prices experienced fluctuations this Monday during European trading, in a market still reacting to the latest geopolitical developments in various parts of the world. During morning trading, the price of North Sea Brent crude for August delivery fell by 1.71% to $79.19. Meanwhile, its American counterpart, West Texas Intermediate crude for July delivery, rose by 0.52% to $77.

Jun 22, 2026radioalgerie.dz