EurActiv:Chevron gives up shale gas exploration in Romania
Thursday, February 26, 2015
Chevron Corp said it will give up shale gas exploration plans in Romania, after an assessment showed the Black Sea state does not compete favourably with other investment opportunities. Energy firms have been attracted by estimates of massive shale gas reserves in Poland and Romania. Last month, the U.S. energy major took a similar decision to discontinue its operations in Poland. "Chevron intends ...