Energy & Hydrocarbons

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

Showing 1,177–1,188 of 2,990 articles
Energy & Hydrocarbons
Arqab oversees the signing ceremony of a cooperation agreement in the field of hydrocarbons with his Congolese counterpart

Arqab oversees the signing ceremony of a cooperation agreement in the field of hydrocarbons with his Congolese counterpart

Today, the Minister of State, Minister of Hydrocarbons, Mr. Mohamed Arqab, at the headquarters of the Ministry of Hydrocarbons, alongside the Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo, Mrs. Acacia Bandubola Mbongo, oversaw the signing ceremony of a cooperation agreement between Algeria and the Democratic Republic of the Congo in the field of hydrocarbons.

May 30, 2026radioalgerie.dz
Energy & Hydrocarbons
Minister of Hydrocarbons of the Democratic Republic of the Congo on a working visit to Algeria

Minister of Hydrocarbons of the Democratic Republic of the Congo on a working visit to Algeria

At the invitation of the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, the Minister of State, Minister of Hydrocarbons of the Democratic Republic of the Congo, Akasia Bandopola Ambongo, is embarking on a working visit to Algeria, leading an important delegation that includes officials and executives from the Congolese Ministry of Hydrocarbons and from the national hydrocarbons company 'SONAHYDROC'.

May 30, 2026radioalgerie.dz
Energy & Hydrocarbons
Through the Azerbaijan Gateway... SONATRACH Opens a New Chapter in Supplying Europe with Oil Derivatives

Through the Azerbaijan Gateway... SONATRACH Opens a New Chapter in Supplying Europe with Oil Derivatives

Algeria, through the SONATRACH refinery in Italy, has opened a new page in its energy strategy linked to the European market, following the implementation of the oil and gas cooperation agreement with Azerbaijan under a presidential decree published in the latest issue of the official gazette, which includes the ratification of the memorandum of understanding signed between the two countries in September 2022. According to the decree signed by President Abdelmadjid Tebboune, it ratifies the memorandum of understanding on cooperation in the field of oil and gas between Algeria and Azerbaijan signed in Algeria in November 2022. The details of the memorandum included in the official gazette state that the agreement aims to enhance bilateral cooperation in the field of oil and gas.

May 29, 2026echoroukonline.com
Energy & Hydrocarbons
Brent crude barrel at $92.61

Brent crude barrel at $92.61

Oil prices are experiencing fluctuations in the market amid current geopolitical tensions, while investors are awaiting global demand prospects and developments in global conditions. Before noon, the price of a North Sea Brent crude barrel for July delivery, on its last trading day, fell by 1.17% to $92.61, significantly lower than the $100 level that had been …

May 29, 2026al24news.dz
Energy & Hydrocarbons
اقتصاد البلد

Oil Prices: Decline and Head Towards the Biggest Weekly Loss Since April

Oil prices fell today and are heading towards the biggest weekly loss since early April 2026, following reports of an agreement between Washington and Tehran to extend the ceasefire, although the agreement has not yet been ratified. Futures contracts for West Texas Intermediate crude for July fell by 1.19% to $87.84 per barrel. Meanwhile, futures contracts for Brent crude for the same month dropped by 0.96% to $92.81 per barrel. Brent crude has declined by 10.5% this week, marking the largest drop since the week ending April 6, 2026, while West Texas Intermediate crude suffered a weekly loss of 9.2%, the largest since the week ending April 13, 2026.

May 29, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Trans-Saharan Gas Pipeline: A Strategic Project and a Real Economic Corridor

Trans-Saharan Gas Pipeline: A Strategic Project and a Real Economic Corridor

The head of the African Development Bank Group office in Algeria, Abdelkader Delita, highlighted the importance of the strategic Trans-Saharan gas pipeline project. This statement was made by the mentioned official today, Friday, on the sidelines of the ongoing annual meetings of the African Development Bank in Brazzaville. Delita stated that this project will contribute to 'enhancing energy security, regional integration, and continental cooperation, and will form a 'major energy corridor.'

May 29, 2026radioalgerie.dz
Energy & Hydrocarbons
Brent crude at $92.61 per barrel

Brent crude at $92.61 per barrel

Oil prices are experiencing fluctuations in the market amid current geopolitical tensions, while investors are awaiting global demand prospects and developments in global conditions. Before noon, the price of North Sea Brent crude for July delivery, on its last trading day, fell by 1.17% to $92.61, significantly lower than the $100 level it opened the week at. Meanwhile, its American counterpart, West Texas Intermediate crude for the same month, dropped by 1.78% to $87.32 per barrel.

May 29, 2026radioalgerie.dz