EMerging Equity
Chevron
Chevron Hammers Another Nail Into Polish Shale Gas Coffin
By Tim Gosling in Prague BNE Chevron announced on January 31 that it is to quit its hunt for Polish shale gas. The last but one energy major to traipse out of the country, the US giant looks to have put the final nail in the coffin of Warsaw’s dreams of leveraging its shale reserves to … Continue reading
Plunging Oil Prices Force Oil Majors To Cut Billions In Spending
The world’s leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt at a sustainable level at a time when oil prices continue to fall. Investment in exploration and development of oil and gas fields could drop by 20 percent by 2017 compared to last … Continue reading
Chevron Pulls Out Of Ukraine Shale Gas Venture
By BNE IntelliNews US energy group Chevron has pulled out of a project to explore for shale gas in West Ukraine’s Olesska field, after trying for more than a year to get the government to simplify taxation for this type of business, writes TASS, citing the press service of the American company. “We have just terminated that … Continue reading
