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BP signs second shale gas production sharing contract with China National Petroleum Corporation
International oil major BP (ticker: BP) said Thursday that the company has signed its second shale gas production sharing contract with China National Petroleum Corp (CNPC). The contract with the state-owned company covers an area of about 1,000 square kilometers at Rong Chang Bei in the Sichuan Basin with CNPC as the operator, BP said in its press release.

“As the world’s largest developing country, China plays a vital role in the transformatio...


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