Chevron (CVX) wins support from Lithuania's president for shale gas exploration plans that some...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) wins support from Lithuania's president for shale gas exploration plans that some of the country’s lawmakers oppose, citing the need for an alternative to Russian gas. Lithuania probably has ~180B cubic meters of recoverable shale gas, the equivalent of 60 years' consumption in the country. CVX -1% premarket after UBS cuts shares to Neutral from Buy on valuation.