Shell making inroads in China

Europe's biggest oil company, Royal Dutch Shell, has announced a raft of new tie ups with Chinese partners as it bids to increase its exposure to Asia.

Europe's biggest oil company, Royal Dutch Shell, has announced a raft of new tie ups with Chinese partners as it bids to increase its exposure to Asia.

Shell has agreed on two offshore oil and gas production sharing contracts (PSCs) with CNOOC, the Chinese National Offshore Oil Company.

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