Energy
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Global Oil Demand Growth Expected to Accelerate in 2025
Global oil demand is projected to rise by just over 1 million barrels per day (mb/d) in 2025, up from…
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Oil Prices Decline Amid Economic Concerns and Fed Policy Shift
Oil prices fell on Wednesday as renewed worries over a slowing global economy and shifting monetary policy expectations overshadowed earlier…
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Algeria’s Sonelgaz to Foster Energy Cooperation with Four West African Countries
ALGIERS — The Sonelgaz Group announced preparations for videoconference consultation meetings with leaders of energy groups in Senegal, Guinea-Bissau, Gambia,…
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Russia’s biggest oil refinery hit by debris during Ukrainian drone attack
A tank at Russia’s Kirishi oil refinery, one of the country’s largest, was damaged by falling debris during a major…
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OPEC Marks 50 Years Since Landmark Algiers Summit
ALGIERS — The Organization of Petroleum Exporting Countries (OPEC) is commemorating the 50th anniversary of the groundbreaking Algiers Summit, the…
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Algeria Explores Energy Security Strategies for Sustainable Development
ALGIERS – Algerian Prime Minister Nadir Larbaoui chaired Wednesday a government meeting to explore ways to enhance energy security, giving…
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Oil: Brent Crude Drops to $68.65 a Barrel
LONDON, March 5, 2025 – Oil prices fell on Wednesday, particularly following the release of data indicating an increase in…
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Fire Erupts at Oil Refinery in Azerbaijan’s Capital Baku
A fire broke out at an oil refinery in Baku, the capital of Azerbaijan, on Wednesday, according to the country’s…
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Baker Hughes shows interest in expanding partnership with Sonelgaz
ALGIERS – The CEO of Sonelgaz, Mourad Adjal, met on Monday with the Enterprise Growth Market Director for Africa at Baker…
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Algeria and Italy discuss strengthening energy investments
ALGIERS – Algerian Minister of State, Minister of Energy, Mines, and Renewable Energies, Mohamed Arkab, received on Monday a delegation…
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