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    market news

    Chevron Wins Support for Shale Gas Exploration from Lithuanian President

    Investing News Network
    Feb. 04, 2013 10:14AM PST
    Oil and Gas Investing

    Bloomberg reported that Chevron has received a boost on Lithuanian shale-gas exploration plans with support the country’s President, despite opposition from residents and other government officials.

    As quoted in the market report:

    Bloomberg reported that Chevron has received a boost on Lithuanian shale-gas exploration plans with support the country’s President, despite opposition from residents and other government officials.

    As quoted in the market report:

    Lithuania needs to find out to how far its shale-gas reserves can go as an alternative to Russian natural gas, spokeswoman Daiva Ulbinaite quoted the president as saying today after a meeting with Jay Johnson, Chevron’s head of Eurasia, Europe and Middle East exploration and production, in the capital, Vilnius.

    To view the full Bloomberg report, click here. 

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