Latest updates from the Algerian business ecosystem
Read the full content on Echourouk Online. The post Rakach inspects the progress of the utility vehicles project in Batna appeared first on Echourouk Online.
echoroukonline.com
The Minister of State and Minister of Hydrocarbons, Mohamed Arkab, stated that the hydrocarbons sector recorded 17 new discoveries through SONATRACH's efforts since the beginning of the current year.
echaab.dz
The Algerian Water Desalination Company, a subsidiary of SONATRACH, announced a scheduled technical shutdown of the Foka 2 seawater desalination plant from October 18 to 22, to carry out annual maintenance work. The company confirmed that this operation is part of a proactive program aimed at ensuring the technical readiness of the facility and the continuity of its performance. The company explained in a clarifying statement that the maintenance date had been postponed by one week at the request of the Algerian Water Company, taking into account the requirements of public service, amid the works that the company was carrying out on the water distribution network in the Boumerdes province. View the full content on Echourouk Online.
echoroukonline.com
Algeria's revenues from hydrocarbon exports reached $37.5 billion between January and the end of September 2026, according to what was reported today, Saturday, in Algiers by the Minister of State and Minister of Hydrocarbons, Mohamed Arqab. Mr. Arqab explained, during a presentation he gave before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Law project, in the presence of the Minister of Relations with Parliament, Najiba Djilali, that these revenues were mainly driven by a 37% increase in the average price of Algerian crude oil compared to the same period in 2025.
radioalgerie.dz
Nigerian businessman Aliko Dangote revealed his group's plans to invest up to $50 billion in the manufacturing sector in Africa by the end of 2030, noting that Algeria intends to enter the production of Linear Alkylbenzene (LAB) with an annual capacity of 100,000 tons, through a strategic petrochemical project underway in Skikda, according to statements reported by 'Business Insider Africa'. Read the full content on Echourouk Online.
echoroukonline.com
Algeria - The Minister of State, Minister of Energy, Mohamed Arkab, began today, Saturday, to present a report on the sector before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Bill.
aps.dz
The President of the Republic, Abdelmadjid Tebboune, announced a series of economic goals and strategic projects, most notably connecting Tamanrasset to the railway network before the end of 2028, completing the trans-Saharan road and linking it to Chad, Niger, and Mali before the end of 2027, in addition to manufacturing a fully Algerian car by the end of 2028, emphasizing the continuation of efforts to diversify the economy and enhance national production. President Tebboune stated during the annual speech before economic operators that Algeria seeks to continue its economic transformation and transition from a managed economy to a free economy based on liberating economic initiative while maintaining social and economic stability. He confirmed that the recorded indicators reflect a significant difference.
echoroukonline.com
Oil prices rose by more than 3% and are on track to achieve weekly gains, according to media reports on Friday. Brent crude futures increased by $3.41 or 3.2% to $109.34 per barrel by 16:41 GMT, while West Texas Intermediate crude futures rose by $2.74 or 2.8% to $100.67, surpassing the $100 mark for the first time since September 21.
radioalgerie.dz
The port authority of Mistergham has set December 31, 2026, as the final deadline for completing the transfer of the import of utility vehicles and activities of self-employed contractors to other national ports, with the process to be gradually implemented within a period not exceeding 15 days, as part of the reorganization of port activities and the allocation of Mistergham Port for import operations directed at public institutions and companies. The authority announced in a statement that its general director chaired a broad awareness meeting last Thursday with the participation of economic operators and partners active in the port community, and in the presence of the head of the customs inspection department for the province of Mistergham, to discuss the necessary organizational and logistical arrangements for implementation.
echoroukonline.com
The CEO of SONATRACH, Nourredine Daoudi, along with a high-level delegation, participated in the 19th edition of the 'Algerian Energy Day' event, held at the 'Lake Charles' event center in the US state of Louisiana from October 12 to 16, according to a statement from the group released today, Friday. According to the statement, this edition was dedicated to discussing the historical cooperation relations between Algeria and the United States in the energy sector and investment opportunities in the oil and gas sectors, as well as the potential for developing renewable energies.
radioalgerie.dz
Algeria's crude oil production surpassed one million barrels per day in September 2026, recording 1.003 million barrels, maintaining this level for the second consecutive month for the first time in over three years, amid expectations of continued increases during the last two months of the year, driven by easing voluntary production cuts within the OPEC+ alliance. According to data from the Organization of the Petroleum Exporting Countries (OPEC), Algerian production rose to about one million and 3 thousand barrels per day in September, compared to one million barrels per day in August, after remaining below this level since April 2023. This increase is part of a gradual trend that began at the start of this year, coinciding with the implementation of the alliance's plan to eliminate production cuts.
echoroukonline.com
The CEO of SONATRACH, Nourredine Daoudi, discussed with officials from the American companies 'Baker Hughes' and 'KBR' in Houston, USA, the prospects for cooperation in the fields of energy technologies, engineering, innovation, and industrial project development, according to the group.
echoroukonline.comNews Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.
