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Inside Investor

Romania and the Shale Question

Romania and the Shale Question

Situation: Romania is ushering in a new government following December general elections, and this new government-designate is indicating that the shale question will be decided very soon. At stake are Chevron’s existing exploration contracts, which are languishing under a moratorium on hydraulic fracturing. The Prime Minister-designate, Victor Ponta, has now said that Chevron’s situation…

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