Chevron To Stop Shale Gas Drilling In Poland Due To Bleak Prospects – 31 January 2015

RT logoAmerican energy giant Chevron announced it will discontinue its shale gas project in Poland as it no longer makes business sense. The company previously canceled drilling projects in the Arctic and in Ukraine.

“The opportunities here no longer compete favorably with other opportunities in Chevron’s global portfolio,” the company said in a statement.

Not only Chevron’s Polish unit has changed mind about the perspectives of shale drilling, Reuters points out.

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