Chevron Gets Okay For Shale-Gas License In Poland and 2 Other Dow Movers to Watch
Chevron Corporation (NYSE:CVX): Current price $118.25
Chevron now has all the necessary approvals to commence work on a shale-gas license in Poland, subsequent to protesters who oppose to land being fenced off occupying the site. Spokeswoman Grazyna Bukowska commented in an email that “Chevron respects the right of individuals to express their opinions within the law. Our exploration program is progressing.” Occupy Chevron (Poland) demanded that Chevron abandon its plans and leave the land, remarking on its website that the company had not gotten approval to set up fences on the site in the village of Zurawlow. The U.S. oil giant says that Poland is crucial for regional operations, even though Talisman Energy exited in May, and Marathon Oil Corp. reported that it is looking for ways to dispose of its 11 Polish licenses.