NEW YORK (Bloomberg) -- Royal Dutch Shell Plc, which signed the first shale-gas production sharing contract in China, will trim its project in Sichuan province because of geological challenges and the area’s dense population. The Anglo-Dutch company along with China National Petroleum Corp. had planned billions of dollars in investment from this year to meet the country’s energy demand, the world’s largest. Shell now plans to focus chiefly on the development of the Changbei tight gas field in the Shaanxi region.
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