lady athena's rockin' crab shell pasta

Ingredients

• 1 tablespoon olive oil
• 1 tablespoon butter
• 2 tablespoons shallots, finely chopped
• 2 large cloves garlic, pressed
• 1/2 cup roasted red peppers, finely chopped
• 1/4 teaspoon dried basil
• 1/4 cup dry white wine (substitute chicken stock)
• 1 cup 35% heavy cream
• 1 1/2 cups (1/2 lb.) crab meat, roughly chopped
• 2 teaspoons cooking sherry
• 1/4 teaspoon hot paprika
• 1 pinch white pepper
• ground himalayan sea salt, to taste
• 1/3 cup grated grana padano cheese, plus more for garnish
• 2 1/2 cups dried medium shell pasta
• 1 tablespoon fresh parsley, chopped