Shell to Spend $1 Billion per Year on China Shale

(Before It's News)

Shell’s top China Executive recently re-affirmed the company’s plan to spend $1 billion per year developing China’s shale gas saying, “”If there has been an adjustment to that pledge, it could only be an upward revision”, Reuters reports. China is estimated to hold the world’s largest reserves of the unconventional gas.

Shell to Spend $1 Billion per Year on China Shale was originally featured in The Daily Resource Hunter. Check out the newest Daily Resource Hunter research video “The Price of Gas Explained”.

Article Title originally appeared in the Daily Resource Hunter (www.dailyresourcehunter.com) At the Daily Resource Hunter our approach to research is different. With our boots on the ground, we travel the world looking for the most lucrative resource opportunities and deliver them to you in a daily email newsletter. For more information visit us at www.dailyresourcehunter.com)

• Postal Worker’s Vacation Causes Halt In Mail Delivery For Some In Jersey City
• Shilling: Fed Has to Show They’re Doing Something
• With AAPL 19.8% Of The NASDAQ, Is Another Rebalancing Imminent?
• Biderman’s Daily Edge 8/22/2012: Don’t Lose Money While Waiting For Market Plunge
• US Fed Hints Strongly at Fresh Round of Stimulus
• Gerald Celente – Mike Broomhead – 550 KFYI – August 21, 2012
• Why Cybercrime Is Such Easy Money
• Gold Daily and Silver Weekly Charts – Rally Intensified on Fed’s QE Statement
• Sibel Edmonds with Lew Rockwell: The U.S. of Terrorism
• Silver Breakout Leads to Gold Breakout