Reuters – France rejects Hess bid to explore for shale oil/gas

France has rejected a request by U.S. firm Hess Corp. to explore for shale oil and gas near Paris, the energy minister said, despite assurances it would not use the fracking process banned by law.

Hess sought to take over seven permits granted in 2010 to Toreador, another U.S. company. A 2011 French law banning hydraulic fracturing, or fracking, had put the permits on hold. (Read more…


(English, Article, 2013)

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