US-based oil and gas majors are lagging well behind their European counterparts when it comes to plans for cutting emissions to comply with the Paris climate deal, according to analysis released Wednesday (24 June).
Chevron lobbied the EU to give foreign investors the legal right to challenge government decisions in a major US-EU trade deal because it would act as a deterrent against laws such as fracking bans, the Guardian can reveal.
The vast shale gas reserves in the separatist-held Ukrainian regions of Donetsk and Lugansk regions are an important element not to be overlooked when analysing the Ukraine crisis, writes Szilvia Batkov.
The bosses of Europe’s six largest energy companies, including BP and Shell, have said gas should play a vital role in plans to tackle global warming, in a rare public intervention aimed at influencing UN talks.
Romania has fought hard to discover shale gas that apparently does not exist, Prime Minister Victor Ponta said late yesterday (9 November). But US energy giant Chevron was quick to respond that it had yet to finalise an assessment of the country’s shale gas potential.
Croatia has received six bids in an international tender for oil and gas exploration areas in the Adriatic, and will choose the best ones by the end of the year, Economy Minister Ivan Vrdoljak said yesterday (3 November).
A shale gas deal in Ukraine hit a setback yesterday (20 August) when a local council rejected the government's draft production-sharing agreement with US energy company Chevron amid warnings by nationalists regarding likely damage to the environment.
Romania’s Senate has overwhelming rejected a motion to ban shale gas exploration and exploitation by hydraulic fracturing, marking an about-face for Prime Minister Victor Ponta’s Social Democrat party (PSD) that introduced the draft law in March.
The American multinational energy corporation Chevron has suspended its shale gas exploration activities in Romania, announcing that its only activity over the next 12 months will be seismic data surveying and reassuring citizens and policymakers concerned about perceived risks.