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EIA releases first Short-Term Energy Outlook for 2013

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. CoalÂé¶¹´«Ã½Ó³»­™s share of the energy mix will rise.

 
 
 
 
 
 

Statoil acquires Marcellus acreage

Statoil has acquired 70,000 acres of liquid rich shale acreage in the Marcellus shale area for a total cost of US$ 590 million.