Sunday 13 July 2014

Chevron leaves Lithuanian shale venture behind

OIL AND GAS
Chevron leaves Lithuanian shale venture behind
Vilnius, Lithuania (UPI) Jul 9, 2013 - U.S. supermajor Chevron announced it has shut down its offices in Lithuania and sold off half of its interests in the country. "Chevron closed its office in Vilnius, Lithuania," a statement posted Tuesday on its website said. "The company has divested its 50 percent equity interest in [joint venture] LL Investicijos." In a separate statement, Swedish energy company Tethys Oil sai ... more


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