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Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

Green Car Congress

JULY 25, 2012

Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa.

Gabon 218
Gabon China Oil-Sands Gas 218
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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

APRIL 4, 2011

Gas-flaring countries and trends. A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue.

Waste 260
Waste Gas Equatorial Guinea Gas-Electric 260
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