EUROPE

Chevron to exit Ukraine shale play: reports

OIL major Chevron will abandon a $US10 billion ($A12.17 billion) shale gas production sharing agreement struck with the Ukrainian government in the more peaceful times of late 2013, according to presidential official Valeriy Chaliy.

"There is information that they (Chevron) are planning this decision," Chaliy confirmed to journalists in response to a local media report on the matter according to Reuters. A move by the Ukrainian...

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