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Shell turns to Asian suppliers in US shale race

Ben van Beurden, Chief Executive Officer. Royal Dutch Shell Plc

Ben van Beurden, Chief Executive Officer. Royal Dutch Shell Plc

Extract from an article by Guy Chazan and James Wilson published by The Financial Times on 1 April 2014

Royal Dutch Shell has said it will deploy more Chinese equipment at its struggling US shale business – becoming the latest natural resources company to try to reduce costs by switching to cheaper Asian suppliers. Mr van Beurden, who took the reins at Shell in January, said one of his biggest challenges was to turn around the company’s North American shale business.

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