Chevron takes hit as Romania's designated Ponta Government plans immediate moratorium on shale gas exploitation

The governing program of the government formed by Romania's designated prime minister Victor Ponta, which was submitted in the Parliament on Thursday evening, mentions the immediate introduction of a moratorium on shale gas exploitation until developing European-level studies on the impact of hydraulic fractioning procedures on the environment are concluded.   The moratorium means any activity of shale gas extraction ...

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