Shell in the oil and energy cooperation agreement signed by the two

Nanfang Daily News (Xinhua / Tao Heung Su) Asia's largest oil company China National Petroleum [12.54 -1.57%] international expansion continued to deepen. Jiang Jiemin, general manager of China Petroleum in Beijing recently met with Shell CEO Fu tournament, the two sides to further deepen the mutually beneficial cooperation and explore new areas of cooperation and extensive exchange of views.

After the meeting, the two sides signed the "Memorandum of Cooperation Canadian integrated oil and gas projects," "Erdos [19.08 -10.00%] basin, rather block the joint evaluation of coalbed methane project agreement" the two energy cooperation project agreement. For details of the agreement, the two sides were not for greater disclosure.

International Energy Agency said in a report, China's energy demand will increase by 75% by 2035. PetroChina said in August, President Zhou Jiping, PetroChina will strengthen cooperation with foreign energy companies to accelerate its global expansion.