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The US Energy Information Administration (EIA) has released its first Short-Term Energy Outlook for 2013. The EIA predicts average Brent crude oil and Henry Hub natural gas prices spot prices will fall compared to 2012. Coal’s share of the energy mix will rise.
TransCanada has been selected to develop the CAN$ 5 billion gas pipeline network, which will provide feed gas for the Pacific Northwest LNG export facility.
The Canadian energy pipeline operator has announced expansion plans on its oil pipeline systems in the US and Canada, worth Cdn$ 600 million.
PIRA Energy Group provide a report on the global economic backdrop and oil markets.
Azerbaijan's Shah Deniz II gas group is reported to take over a 50% stake in the Nabucco pipeline consortium in early 2013.
A pipeline services company has unveiled its new ILI reporting software
Statoil has acquired 70,000 acres of liquid rich shale acreage in the Marcellus shale area for a total cost of US$ 590 million.
STATS Group has completed an isolation project in the Dutch sector of the North Sea on behalf of Wintershall Noordzee BV.
Raising fewer funds than expected, Chesapeake Energy has sold a package of gas pipelines and related assets for US$ 2.16 billion to Access Midstream Partners.
A recent ceremony to launch the construction of the South Stream gas pipeline that will transport Russian gas to Europe, bypassing Ukraine, was attended by Russian President Vladimir Putin.
Estonia has rejected a request by Nord Stream AG to survey its waters for a potential expansion route for the Nord Stream gas pipeline.
TDW Offshore Services has completed its longest ever pipeline isolation operation in the Origin pipeline network offshore Australia.