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Our Business Overview

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Shell is expanding rapidly in mainland China. At the end of 2005, our current investment on the mainland was about US$ 3.5 billion, one of the largest commitments of any international energy company.

 

Shell is concentrating on natural gas and renewable energy and new ways of using coal as well as providing consultancy services on energy efficiency and technological solutions.

 

In our fuels, lubricants, bitumen and chemicals businesses, we offer the latest technological and environmental solutions to contribute to sustainable development.


All Shell's core businesses are represented in China: Exploration and Production, Gas and Power, Downstream (Oil Products and Chemicals) and Renewable Energy.


Currently we have some 21 wholly-owned or joint venture companies employing about 1,600 staff and joint venture staff, almost 90 per cent of whom are citizens of the People's Republic of China.


We have partnerships with all three of China's major oil and gas companies, PetroChina (and China National Petroleum Corporation - CNPC), the China Petroleum and Chemicals Corporation (Sinopec) and the China National Offshore Oil Corporation (CNOOC).

 

Key business developments currently are:

 

    • The US$ 4.3 billion Nanhai petrochemicals project in Guangdong Province.
    • Oil Products retail joint venture in Jiangsu province involving about 500 stations.
    • A growing lubricants and bitumen business throughout China
    • Oil exploration and production offshore in the South China Sea
    • Natural gas development in Hangzhou
    • Coal gasification developments
    • Coal-to-Liquid and Gas-to-Liquid developments
    • Hydrogen in Shanghai
    • Solar electrification projects in western China

 

Shell's business objective in China is to help address the country’s energy priorities including energy supply/security, environmental protection and energy efficiency, working in partnership with Chinese companies and customers to mutual benefit both in China and overseas.

 

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