Kuwaiti oil executive Haitham al-Ghais was named as the next secretary general of the Organization of the Petroleum Exporting Countries (OPEC).
OPEC and their allies
OPEC+ agreed on Tuesday to stick to its existing policy and raise oil output by 400,000 barrels per day in February.
flag of Kazakhstan
Protests erupted in the Kazakh town of Zhanaozen in the oil-rich western Mangystau region, and have since spread to the regional hub of Aktau. Demonstrators are angered by a rise in the price of liquefied natural gas.
OPEC agreed to appoint Haitham Al-Ghais as its new secretary general this Monday. He will take up his post on 1 August.
The Pars Oil and Gas Company has announced that a natural gas field is out of service, following a pipeline leak in Gulf waters.
Russian President Vladimir Putin said last week that Germany was reselling Russian gas to Poland and Ukraine rather than relieving an overheated market, blaming German gas importers.
Some politicians and experts have blamed Russia for restraining its gas exports as the wait continues for regulatory approval and a broader standoff with the West plays out over Ukraine.
Iran says the cameras were damaged in a June attack it alleges Israel was behind. Tel Aviv has been widely blamed for multiple attacks against its arch-rival in recent years.
Sonatrach algeria getty
The first agreement is a $1.4 billion exploration and production contract in the Berkine Basin area in southeastern Algeria for the production of 45,000 barrels of oil equivalent per day, Sonatrach said.
Zahrani power plant in Lebanon
TotalEnergies has agreed to conduct a preliminary study related to building a floating regasification unit in a south Lebanon power plant