Chevron (CVX) is moving towards exploration for shale gas in Romania but still needs at least...

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

Chevron (CVX) is moving towards exploration for shale gas in Romania but still needs at least two more permits before it can start drilling, the country's environment ministry says. Here's why the prime minister is softening his views on exploration: Romania and neighboring Bulgaria and Hungary could have 538B cubic meters of shale gas between them, more than Europe's entire annual consumption.