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Energy

IEA sees oil demand rising as growth picks up
Global oil demand will rise more quickly this year as economic growth in industrialised countries accelerates, absorbing more supply even as US shale oil production reaches record highs, the Westís energy watchdog said on Tuesday.
Mubadala signs deal with Shell in Malaysia
As part of Mubadala Petroleumís recent exploration success and expanding interests to develop its position offshore in Malaysia, the company has signed an agreement with Shell to swap equity in two exploration blocks in offshore Malaysia.
Oil prices will range-trade in 2014
Six major macro themes dominated the oil market in 2013.
Brent crude rose above $112 a barrel
Brent crude rose above $112 a barrel on Friday as civil unrest in Africa cut into oil supply.
Qatar Petroleum unit plans $880m IPO in Jan
Authorities want to revive IPOs as a way to develop Qatar into a regional financial hub.
Venezuela floats chance of gasoline price hike
Venezuela on Monday floated the idea of raising gasoline prices, in one of the least expensive fuel markets in the world.
Mexico to reform state-run oil sector
A Mexican Senate committee unveiled a proposal Saturday to reform the state-run oil sector, opening the door to private companies and investment for the first time in decades.
Iran, sanctions and crude oil prices
The prospect of a US-Iran diplomatic rapprochement, while remote, cannot be ruled out.
Egypt to pay $1.5b arrears to foreign oil firm, says PM
Egypt promised on Wednesday to pay $1.5 billion of the $6 billion it says it owes oil firms, hoping the announcement made at an investment conference will revive confidence in an economy battered by nearly three years of political upheaval.
Opec agrees to maintain crude production cap at Vienna talks
Grant Smith, Wael Mahdi 
and Nayla Razzouk
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