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March 23rd, 2010:

Shell and China’s CNPC sign 30-year gas discovery deal

BBC NEWS

Royal Dutch Shell has strengthened its ties in China with a 30-year deal to explore for natural gas in the country.

The Anglo-Dutch energy giant will partner China National Petroleum Corporation (CNPC) in the project.

The deal follow’s this week’s joint bid with PetroChina, owned by CNPC, for Australia’s Arrow Energy gas company.

Shell has been expanding its search for gas assets rapidly, and the deal secures the company a strong presence in resource-hungry China.

Under the agreement, which still needs clearance from the Beijing government, Shell and CNPC will initially search for gas in a 4,000 sq km area in the Sichuan province. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

ROYAL DUTCH/SHELL LOOKED AT THE FUTURE AND DIDN’T LIKE THE VIEW

(LOOK BACK AT AN ARTICLE PUBLISHED DURING THE LAST TRANSFORMATION AT SHELL)

WHY IS THE WORLD’S MOST PROFITABLE COMPANY TURNING ITSELF INSIDE OUT? ROYAL DUTCH/SHELL LOOKED AT THE FUTURE AND DIDN’T LIKE THE VIEW. NOW IT IS CHANGING EVERYTHING FROM THE WAY ITS MANAGERS ACT TO THE WAY IT DOES BUSINESS.

By JANET GUYON REPORTER ASSOCIATE WILTON WOODS August 4, 1997

(FORTUNE Magazine) – By all the usual measures, Royal Dutch/Shell should be sitting on top of the world. For the third year in a row it leads the Global 500 in total profits, having earned a staggering $8.9 billion in 1996. The company’s stock has been shining too. Since 1992 Shell has pumped out a 20% average annual total return. All of which makes it surprising to learn that this prosperous behemoth is, in fact, suffering a soul-shattering midlife crisis. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Start-up Turns Sugar Beets Into Alternative to Gasoline

THE WALL STREET JOURNAL

TUESDAY MARCH 23, 2010

By RUSSELL GOLD

A biofuels start-up, working with oil giant Royal Dutch Shell PLC, has begun turning sugar beets into a gasoline substitute compatible with existing engines and pipelines.

Virent Energy Systems Inc. is expected to say Tuesday that its process of converting plants into liquid fuels is working at a 10,000-gallon-a-year pilot site in Madison, Wisc. “At today’s crude-oil and biomass costs, our process is competitive,” says Lee Edwards, Virent’s chief executive. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Signs Natural-Gas Deal With CNPC

THE WALL STREET JOURNAL

Tuesday, March 23, 2010

By SHAI OSTER

BEIJING — China National Petroleum Corp. and Royal Dutch Shell PLC Tuesday announced plans to jointly develop and produce natural gas in China’s Sichuan basin, the Anglo-Dutch giant’s second gas venture in China.

In a statement, Shell said the companies have submitted a production sharing contract to the Chinese government for approval.

The agreement comes more than a year after Shell began discussing with CNPC a production sharing contract for the Jinqiu gas field. CNPC is China’s largest oil and gas company by output. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.