Algeria Keeps November Oil Output at 1.007 Million Barrels a Day
Algeria will maintain oil production at 1.007 million barrels per day in November under the latest OPEC+ decision.
Energy
Sonelgaz and Senelec Sign Energy Cooperation Agreement
Sonelgaz and Senelec signed an agreement to deepen Algeria-Senegal energy cooperation and exchange electricity-sector expertise.
Tebboune Receives Energy Ministers From SoutH2 Corridor Countries
President Tebboune received energy ministers from Austria, Germany, Italy and Tunisia involved in the SoutH2 hydrogen corridor.
Algiers to Host Five-Country Talks on SoutH2 Hydrogen Corridor
Algeria and four partners will meet in Algiers on 1 October to review the planned hydrogen corridor linking North Africa and Europe.
Algeria and Austria Sign Hydrogen and Renewable Energy Cooperation Memorandum
Algeria and Austria signed a memorandum setting a framework for cooperation in renewable energy, hydrogen and related technologies.
OPEC Sees Global Oil Demand Reaching 124 Million Bpd by 2050
OPEC projects global oil demand could reach 124 million bpd by 2050 and estimates $17.7 trillion in oil investment will be needed.
Algeria and OPEC Discuss Oil Market Stability During Al Ghais Visit
Algeria’s hydrocarbons minister and OPEC’s secretary-general discussed market stability and producer cooperation ahead of the Algiers Agreement anniversary.