FULING, China—A global natural-gas glut has slowed the U.S. shale boom, but in this Yangtze River town, a Chinese one is just starting. Leading the charge is China Petroleum & Chemical Corp., or Sinopec, which aims to double domestic gas production within... China’s state-owned energy companies, their profits decimated by the commodities bust, are pushing ahead with billions of dollars in new investment to extract gas from shale.
Source: Wall Street Journal July 31, 2016 10:41 UTC