The Times: Need to know: “PetroChina, China’s dominant oil producer, confirmed that it had terminated an $8 billion joint venture with oil groups, including Royal Dutch/Shell,” (ShellNews.net)

PetroChina, China’s dominant oil producer, confirmed that it had terminated an $8 billion joint venture with oil groups, including Royal Dutch/Shell, which had involved piping natural gas from the country’s west to markets in the east.