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News

Bulgaria: Chevron Fracking Not Permitted

SOFIA, Bulgaria — Bowing to public pressure, Bulgaria’s government says U.S. oil company Chevron cannot explore for shale gas in the country using the extraction technique known as “fracking.” Energy Minister Traicho Traikov said that under Tuesday’s decision “Chevron can still have the right to test for oil and gas, but without using the controversial…

Fractured Future

Conservation Council doubts safety of shale gas industry A series of special op-eds written on the shale gas industry Almost two years ago, the Conservation Council learned the New Brunswick government intended to permit shale gas development across the province. At the time, we assumed that it could be done safely, if we enacted tough…

Cadogan Petroleum PLC has invested $500 million dollars in hydrocarbon exploration and production in Ukraine and will invest hundreds of millions of dollars more after 2012

Cadogan Petroleum PLC has invested $500 million dollars in hydrocarbon exploration and production in Ukraine and will invest hundreds of millions of dollars more after 2012, Cadogan CEO Bertrand Des Pallieres said in an interview with Kommentarii. “We have already invested $500 million and are now carrying out a program worth 130 million more. We…

Chevron Blasts Shale Gas ‘Misinformation Campaign’

The US energy giant Chevron told the European Parliament, Tuesday, that there was a “campaign of misinformation” around shale gas exploration in Europe. Chevron’s Derek Magness told MEPs at the Industry Research and Energy Committee of the European Parliament that exploration of shale gas in Europe was being done in a “responsible manner” and that…

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