Shell plans at least $1 billion a year China shale gas investment

http://www.reuters.com/article/2012/08/21/us-shell-china-idUSBRE87K0AS20120821

Royal Dutch Shell (RDSa.L) plans to spend at least $1 billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive strategy to expand in the world's biggest energy market.