Shell’s major shale gas deal with Ukraine

Ukraine is to sign a landmark shale gas deal worth more than $10 billion (£6.3bn) with oil and gas firm Shell. The Dutch company is expected to give 31-60% of the extracted gas following an agreement approved by the Donetsk and Kharkiv regional administrators. Oleh Proskuryakov, Environmental and Natural Resources Minister said the project has […]

Ukraine picks Shell and Chevron to develop shale gas fields

Oil companies Royal Dutch Shell and Chevron Corp have won the Ukrainian public bid to develop shale gas fields in Ukraine, its Prime Minister announced in an interview with Euronews. The fields in Yuzivske and Oleske are expected to provide the country with up to 10% of its natural gas by 2020, according to reports. The estimated $370 […]