Commodity Trade Mantra

Posts Tagged ‘Gas Reserves’

Chevron Terminates All Shale Gas Exploration In Europe

The US Energy Information Agency first estimated that Romania had enough shale gas reserves to supply the country for more than a century, but on exploration failures it looks like Romania does not have shale gas. So a SHALE ENERGY BANG turned into a WHIMPER as Chevron’s shale gas exploration projects turned out to be an utter failure.

Putin Warns Europe "No Alternative... Will Cut Gas Supplies"

President Vladimir Putin has told European leaders a dispute over Ukraine’s gas debt to Russia could affect supplies of Russian gas to Europe and proposed urgent discussions on the matter. The remarks were the strongest sign yet that Russia could curtail supplies of gas to Ukraine.

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