Shell Increases Shale Bet On Promise Of Higher Rewards

BMI View: Shell's intention to invest US$1bn per year to develop China's shale gas resources underscores the emerging opportunity that many international oil companies see there. While we acknowledge the large upstream rewards that China's potentially large shale deposits offer, we maintain that significant risks remain that could limit the extent to which China can replicate the US' shale gas boom.

To read the full article, please choose one of the following options: