Shell Earmarks $1 Billion for Chinese Shale Investment
Bloomberg reported that Shell plans to invest $1 billion in developing Chinese shale assets after winning a contract with China National Petroleum Corp.
Bloomberg reported that Shell plans to invest $1 billion in developing Chinese shale assets after winning a contract with China National Petroleum Corp.
Bloomberg reported that Ophir Energy Plc is becoming an attractive takeover target for Shell.
Reuters reported that Shell is expected to spend $410 million over two years as they explore the Yuzivska shale gas area in Ukraine and determine the viability of its reserves
Bloomberg reported that Shell and Kinder Morgan Inc are planning on forming a company to export liquefied natural gas from a site in located in Georgia.
Reuters reported that the Ukraine is about to sign a $10 billion shale gas deal with Shell, marking a major step away from Russian gas dependence.
Mining Weekly reported that Shell has advised that the Australian government needs to modify their policy environment if they are to remain competitive in the global liquefied natural gas (LNG) market.
MarketWatch reported that Shell intends to invest $1 billion annually in its Chinese gas business, in an effort to tap into the tremendous potential of the country's burgeoning demand for natural gas.
Bloomberg reported that Shell plans to sink $20 million into natural gas projects through 2015.
Bloomberg reported that Shell's Chinese joint venture shale gas developments may rival those in the U.S. in terms of amount of resource.
Bloomberg reported that Shell's third quarter profits rose by 2.3 percent, after a hike in earnings from liquefied natural gas.
Get our independent commentary on gas trends and companies delivered to your inbox.