As China considers how to exploit potentially the world's largest shale reserves, the chairman...
As China considers how to exploit potentially the world's largest shale reserves, the chairman of its largest offshore oil and gas producer says the country probably shouldn’t overdo it. China's complex geology will make it harder to develop shale gas vs. the U.S., Cnooc's (CEO) Wang Yilin says. China should "put aside its conflicts in the South China Sea" to develop deepwater oil and gas there, he adds.
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