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#Energy

African nations set to launch bank for funding oil projects
Economy

African nations set to launch bank for funding oil projects

The African Petroleum Producers’ Organisation (APPO) is finalising plans to set up the Africa Energy Bank (...)

 Energy: The achievements made are enough for Algeria to enter international markets
Economy

Energy: The achievements made are enough for Algeria to enter international markets

Minister of Energy and Mines Mohamed Arkab affirmed, from Jijel, that the achievements made by the sector (...)

Oil rises 1% as tankers avoid Red Sea after strikes on Houthis
Economy

Oil rises 1% as tankers avoid Red Sea after strikes on Houthis

Oil rose over 1% on Friday as an increasing number of oil tankers diverted course from the Red Sea (...)

National fuel consumption recaches 17.7 million tonnes in 2022
Economy

National fuel consumption recaches 17.7 million tonnes in 2022

The national consumption of fuel reached about 17.7 million tonnes in 2022 (+3% compared to 2021) thanks (...)

SONATRACH awarded international consortium Petrofac-HQC contract for 1.5 billion USD
Economy

SONATRACH awarded international consortium Petrofac-HQC contract for 1.5 billion USD

STEP Polymers Spa (SONATRACH wholly- owned affiliate) has just awarded to the international consortium (...)