Chevron withdraws from shale gas activities in Romania

American oil and gas company Chevron recently said it is quitting its shale gas concessions in Romania, after making a similar decision for Poland. Romania was Chevron’s last shale gas project in Europe. The company did not say why it was giving up its Romanian operations. The announcement was made by a Chevron spokesman, quoted by Wall Street Journal. Last year, Prime MinisterVictor Ponta was announcing the controversies around shale gas exploration in Romania would end, as the country does not seem to have shale gas. Chevron however never confirmed the PM's statements. Back then, the company said it was still analyzing the information it obtained from the first exploration drill in Northeastern Romania. Setting up the drill at Silistea Pungesti triggered local and national protests back in 2014, as it did in other countries where Chevron started fracking operations. Greepeace activists protest at Chevron shale gas exploration site in Romania Chevron starts drilling for shale gas in Romania Chevron to start shale gas exploration in Romania’s Pungesti this month, protests continue in the area Chevron yet to finish shale gas assessment in Romania editor@romania-insider.com