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Energy

Iran eyes revival of gas sector
Iran is working full throttle to develop its South Pars natural gas field, the world’s largest, amid hopes of sanctions relief and the return of Western oil majors.
Iran eyes revival of gas sector
Iran is working full throttle to develop its South Pars natural gas field, the world’s largest, amid hopes of sanctions relief and the return of Western oil majors.
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 West’s energy watchdog said on Tuesday.
Mubadala signs deal with Shell in Malaysia
As part of Mubadala Petroleum’s 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.
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