Shell, Yanchang Petroleum launch retail JV in China

May 28, 2014

Royal Dutch Shell Plc and Shaanxi Yanchang Petroleum (Group) Corp. Ltd have launched a retail joint venture in Guangdong province, in a bid to increase Anglo-Dutch oil company Shell’s retail footprint in Guangdong and deepen their existing partnership, Shell said on May 27, China Daily has reported.

Shell is currently operating about 1,100 gas stations through joint ventures in China, including some 30 gas stations in Guangdong.

Copyright: China Daily, 2014