Home Facts industry

Royal Dutch Shell plc China Expansion

Royal Dutch Shell plc China Expansion

Write: Yoshimitsu [2011-05-20]
Source: Emoneydaily DateTime: 2011-03-22

According to a report that appeared in the Reuters, Royal Dutch Shell plc is drilling 17 gas wells in China, including those for tight gas and shale gas. Royal Dutch Shell plc Chief Executive Peter Voser said that the company will be investing $1 billion a year for the next five years if the drilling is successful. Royal Dutch Shell plc stocks stood at 2146 at the end of the last trading session.