Romanian Citizens Urging Government to Withdraw Concessions from Chevron

Reuters reported that Romanian citizens are protesting Chevron’s plans to explore for shale gas, and are pressuring the government to withdraw concessions.

As quoted in the market report:

But analysts say if public opposition heightens further, authorities might need to reconsider their stance on shale for fear of alienating millions of voters and thus prevent the company from setting up one of its biggest operations as the country is gearing up for a presidential election in 2014.

To view the whole Reuters report, click here.