Tag: Algeria

Energy, Oil & Gas

EU energy imports remain stable in Q1 2026 as LNG volumes rise

European Union’s (EU) petroleum oil imports remained stable in Q1 2026, with values up 0.8% and volumes down 0.6%, while LNG volumes rose 2.9%. The US led oil and LNG supplies, while Norway dominated pipeline gas imports. ...

Energy, Oil & Gas

Saudi Arabia's Midad Energy signs $5.4bn Algeria hydrocarbons deal

Algeria's Sonatrach and Saudi company Midad Energy North Africa have signed a production-sharing hydrocarbon contract for the exploration and exploitation of hydrocarbons on the contractual perimeter of Illizi South, located nearly 100 km south of In Amenas....

Energy, Oil & Gas

Algeria plans $60bn energy investment over five years

Algeria will invest $60 billion in energy projects between 2025 and 2029 as part of a large-scale strategy to boost oil, gas and hydrogen development, Energy and Mines Minister Mohamed Arkab said....