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Ukraine's Energy Challenge

Reuters: Ukraine says Chevron plans to pull out of $10 billion shale gas deal

By Reuters.
From left: Chevron's General Manager for Europe Derek Magness, then-Minister of Ecology and Natural Resources of Ukraine Eduard Stavytsky and Viktor Ponomarenko, Chairman of the National Joint Stock Company \"Nadra Of Ukraine\" sign documents as Geoffrey Pyatt, US ambassador to Ukraine, and then-President Viktor Yanukovych (C) attend during a ceremony in Kyiv on Nov. 5, 2013.
Photo by AFP

U.S. energy major Chevron plans to withdraw from a $10 billion shale gas deal with Kyiv, a senior Ukrainian presidential official said on Dec. 15.

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