Last year, Chevron Corp. signed an agreement to bring the fracking revolution to Ukraine, hunting for natural gas trapped in shale rocks near the Polish border. Now the government that signed the agreement is gone, toppled by a popular uprising. And Russia's abrupt annexation of Crimea has cast doubt on Ukraine's future.
Russia's War Against Ukraine
San Francisco Chronicle: Chevron has no plans to end fracking agreement with Ukraine
From left, Derek Magness, the CEO of Chevron Exploration & Production Europe congratulates Energy Minister Eduard Stavystsky (C) with the signing of a production sharing agreement on Nov. 5. At far right is Viktor Ponomarenko, chairman of state-owned mineral resources company Nadra Ukraina. U.S. Ambassador to Ukraine Geoffrey Pyatt and Ukrainian President Viktor Yanukovych are in the background.
