CHEVRON EXPRESSES INTEREST IN SHALE GAS DEALS IN POLAND AND ROMANIA
Thursday, March 24, 2011
Chevron (NYSE:CVX) is looking into shale gas deals in Poland and Romania, Corporate Vice President John Gass said on Monday. Gass said the company foresees dynamic growth in the demand for natural gas in the coming years. Last week the company announced increased drilling for unconventional gas and oil in the U.S. and elsewhere as part of a plan to raise production 1% this year. The company expects to drill 70 wells in the Marcellus Shale, a huge source of new gas production located ...