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Shell, CNPC sign long-term cooperation deal on shale, other projects

  • Royal Dutch Shell (RDS.A, {{RDS.B]]) and China National Petroleum (SNP) sign a long-term deal to collaborate on projects in unconventional resources such as shale, the deepwater and liquefied natural gas spheres, and other upstream and downstream projects.
  • Ben van Beurden, in his first overseas visit since becoming Shell's CEO, tells CNPC Chairman Zhou Jiping that both sides have set up deep and wide-ranging ties and have huge room for further cooperation.
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