Chevron to Seek Shale Gas in Poland as Europe focuses on unconventional reserves
Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt for unconventional gas reserves in Europe in the hopes of duplicating the production boom in the U.S.
The need in Europe to reduce dependence on imported gas, especially from Russia, is spurring efforts to tap shale gas and coal-bed methane using new technologies that have proven successful in U.S. production.
Full article at: Chevron shale gas