Royal Dutch Shell is pioneering shale gas development in China. <br /><br />In the first deal of its kind, the oil major has signed a production sharing contract with China National Petroleum Corporation.<br /><br />Beijing plans to dramatically boost its shale gas output and said it is looking for foreign firms for product sharing contracts with Chinese companies or to provide engineering services.<br /><br />...<br />http://www.euronews.net/
