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UK is going ahead with shale gas exploration

Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.

read more... 18/12/2013

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PGNiG and Chevron to explore for shale gas reserves in the southeast of Poland

Poland’s oil and gas company PGNiG, signed a letter of intent with American fuel giant Chevron, on the terms of a possible cooperation on shale gas exploration projects, which would bring together four licences in southeastern Poland.

read more... 17/12/2013

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Shale gas to cut Poland’s CO2 emissions

The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.

read more... 13/12/2013

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Turkey could increase its share in TANAP project

Turkey has demanded to Azerbaijan to increase its share in Trans-Anatolian gas pipeline (TANAP), the head of Azerbaijan's state energy company SOCAR, Rovnag Abdullayev, said this week at a conference. Currently Turkey owns a 20% share in the project, while the rest of the shares belong to SOCAR of Azerbaijan.

read more... 12/12/2013

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Romania: Chevron forced to suspend shale gas explorations

US oil major Chevron halted exploration works for shale gas in eastern Romania for the second time in two months, as a lot of people gathered to protest against government support for shale gas exploration and separate plans to set up Europe’s largest open-cast gold mine in a small Carpathian town.

read more... 10/12/2013

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