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France's Total drops shale gas exploration in Poland

French oil giant Total has abandoned efforts to explore for shale gas in Poland, the country's environment ministry said Monday, amid controversy over the energy source in Europe. "Their exploration licence expired on April 1 and Total has not requested a renewal," ministry spokesman Pawel Mikusek told AFP, without giving a reason for the decision. He said it was Total's only licence in Poland, for a field in the east of the country. Total Poland declined to comment when contacted by AFP.

Romanian villagers take on Chevron over shale gas

US energy major Chevron, shielded by barbed wire, under police protection and under fire from egg throwers, is in trouble in Romania with villagers angry at its drive to drill for shale gas. Opposition is fierce in the tiny remote village of Pungesti near the border with Moldova which has become a symbol of hostility to the environmentally controversial techniques of extracting shale gas. "In other countries, I have not experienced this type of protest", said grim-faced drill site-manager for Chevron, Greg Murphy.

YPF, Chevron to invest $1.6 bn in 2014 in Argentina's Vaca Muerta

Buenos Aires, Apr 11 (EFE).- Argentine oil company YPF and U.S. energy supermajor Chevron Corp. plan to invest $1.6 billion this year to develop non-conventional oil and gas reserves in the Loma Campana area, part of the massive Vaca Muerta shale formation. Both companies will share equally in the investment outlay, which will go toward drilling 170 wells and building production facilities in Loma Campana, located in the southwestern Argentine province of Neuquen, YPF said in a statement Thursday.

Chevron, YPF ramp up Argentina shale investment

US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The investment comes on top of $1.2 billion Chevron agreed to spend last year for a shale pilot project. The second phase of exploration calls for drilling 1,500 wells across 395 square kilometers (150 square miles) in the hopes of producing 50,000 barrels of oil per day and three million cubic meters of gas per day.

Romanians protest against Chevron fracking plans

Thousands took to the streets of Romania on Sunday to protest against plans by US energy giant Chevron to drill for shale gas. "Chevron US, you can't just drop in uninvited and leave death in your wake", read some banners in Bucharest where hundreds of people gathered in the capital's University square. Similar protests were held in dozens of towns and cities across Romania. "Hydraulic fractures never heal", said protesters referring to the highly controversial drilling method used to unlock shale gas, called hydraulic fracturing or "fracking".

Canada high court to hear Chevron in $9.1 billion Ecuador lawsuit

OTTAWA (Reuters) - The Supreme Court of Canada agreed on Thursday to hear an appeal by Chevron Corp of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51 billion lawsuit for pollution in the Amazon jungle. The Ontario Court of Appeal ruled in December that Ontario was a proper jurisdiction for the Ecuadorean plaintiffs to press Chevron to pay up, and Chevron wants the Supreme Court of Canada to say the Ontario courts have no jurisdiction.

Canada high court to hear Chevron in $9.1 billion Ecuador lawsuit

OTTAWA (Reuters) - The Supreme Court of Canada agreed on Thursday to hear an appeal by Chevron Corp of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51 billion lawsuit for pollution in the Amazon jungle. The Ontario Court of Appeal ruled in December that Ontario was a proper jurisdiction for the Ecuadorean plaintiffs to press Chevron to pay up, and Chevron wants the Supreme Court of Canada to say the Ontario courts have no jurisdiction.

Supreme Court will hear Chevron appeal over Ecuador environmental damages case

OTTAWA - The Supreme Court of Canada has agreed to hear an oil company's appeal of a lower court decision that allowed a group of Ecuadorian villagers to seek billions in damages for environmental pollution. The Ontario Court of Appeal ruled in December that the group, which wants Chevron Canada to be held responsible for a multi-billion-dollar judgment awarded in Ecuador, can have their case heard in Ontario.

Myanmar awards 20 exploration blocks to 13 multinational oil companies

YANGON, Myanmar - Major oil companies including Total, Chevron, Woodside Energy and Shell have won bids for offshore oil and gas exploration blocks off Myanmar's western and southern coasts, the country's Energy Ministry said Wednesday. An announcement on the ministry's website said 13 oil companies won bids to explore in 10 shallow water blocks and 10 deep water blocks in the Gulf of Martaban and Tanintharyi, off the western state of Rakhine. Multinational oil companies such as Dutch Shell, Total E

Energy giants win Myanmar offshore oil and gas blocks

Myanmar named energy giants Chevron, Shell and Total among the winners Wednesday of a landmark auction of offshore oil and gas exploration rights, pinning hope on its natural resources to drive economic growth. The country, left impoverished by nearly five decades of isolation under military rule, has been the subject of feverish interest by energy firms eager to get a share of its untapped energy potential since the removal of most international sanctions in 2012.
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