December 19, 2007 – 5:42PM
US energy giant Chevron Corp has signed a 30-year product-sharing contract with China National Petroleum Corp (CNPC) to jointly develop a large gas field in southwestern China.
The gas block, occupying 1,969 square kilometres (757.3 square miles), marked China’s largest onshore exploration involving a foreign group, said a CNPC statement released Tuesday.
Under the terms, CNPC, the parent of China’s largest oil producer PetroChina, will hold a 51 percent stake in the Chuandongbei gas block in Sichuan province while Chevron has the remaining 49 percent, it said.
The field has proven reserves of 175.97 billion cubic meters (6.2 trillion cubic feet).
“The signing of the contract demonstrates our worldwide focus on large-scale exploration and production projects, and our long-term strategy to grow our business in China,” Dave O’Reilly, Chevron’s chief executive said.
Last year, CNPC signed a deal with French energy firm Total to explore the Sulige gas field in the Inner Mongolia region.
That deal followed plans to jointly develop the Changbei gas field in the same region with Anglo-Dutch oil giant Royal Dutch Shell.
China’s natural gas output is expected to nearly double to 94 billion cubic meters in 2010 from 58.6 billion cubic meters in 2006, but it will still need imports to fill a gap of 16 billion cubic meters annually, according to Xinhua.
© 2007 AFP
http://news.theage.com.au/chevron-to-jointly-develop-chinese-gas-field/20071219-1i1u.html
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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