http://in.reuters.com/article/2012/06/18/us-poland-shale-idINBRE85H1CT20120618
Warsaw's hope of escaping energy dependence on Russia...with massive new finds from shale nat gas...has been dealt a serious blow.
USA energy giant Exxon announced it is ending its exploration projects there...after 2 test drillings came up dry.
XON still controls 4 exploration licenses..and 2 jointly with Total.
Exxon claims commercial exploitation of Polish shale gas is at least 5 years away.
So far...Poland has issued 112 exploration licenses.
Other energy firms...including Chevron and Total...say they are still committed to Polish shale gas.
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- ITALY : Oh, No! Silvio's Spectre Returns.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / CHECHNYA : VIDEO/ FOTOS: 40 Story Grozny Skyscraper Burns.
- UKRAINE : 04 Dec UPDATE: Kyiv Girl Wins Junior Eurovision Contest; 4 Nations Will Skip Eurovision 2013.
- POLAND: Chopin Contest Attracts Young Asian Pianists.