All Shell’s core businesses have operations in China.
Shell has onshore and offshore gas and oil development projects in partnership with PetroChina and CNOOC, both inside and outside China, which help to fuel the country’s fast-growing economy.
Shell’s Downstream business in China consists of 11 joint ventures and eight wholly-owned companies. In China, Shell is one of the leading international lubricants providers, and international bitumen manufacturers and marketers. Shell has a large network of about 1,100 petrol stations in China, operated through joint ventures. Shell has five lubricants blending plants, one grease plant and four bitumen plants in the country.
Shell’s cleaner coal technology has been adopted by its joint venture with Sinopec in Yueyang, Hunan Province and by 21 other Chinese industry customers through licences.
Shell Energy (China) is a new addition to the Downstream businesses in China. It is Shell’s Chinese trading entity and is actively engaged in the country’s burgeoning CO2 trade.