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[1] [27] Oil shale can also be used for production of different chemical products, construction materials, and pharmaceutical products, e.g. ammonium bituminosulfonate. [11] [19] However, use of oil shale for production of these products is still very rare and in experimental stages only. [1] [6]
In 2005, China became the largest shale oil producer in the world with an increased number of companies involved in the shale oil extraction. [124] After decrease in the beginning of 1990s Estonian oil shale production has continuously increased since 1995. Several new processing plants using modified Galoter technology have been built. [82]
Union Oil's shale property promised to increase that company's oil production by 50% overnight, and maintain production at that level for 40 years. [53] But as the projects developed, the companies found themselves with multibillion-dollar bets on the economic viability of oil shale, and some looked for partners to spread the risk; some sold ...
The great thing about America's shale oil and gas revolution is that new shale plays keep popping up from time to time. Currently, the two hottest shale plays are arguably North Dakota's Bakken ...
Shale oil extraction is an industrial process for unconventional oil production. This process converts kerogen in oil shale into shale oil by pyrolysis, hydrogenation, or thermal dissolution. The resultant shale oil is used as fuel oil or upgraded to meet refinery feedstock specifications by adding hydrogen and removing sulfur and nitrogen ...
Shale oil is an unconventional oil produced from oil shale rock fragments ... [45] [46] Worldwide production of shale oil was estimated at 17,700 barrels per day ...
U.S. shale producers Devon Energy, Diamondback Energy and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but held production plans steady as they ...
The U.S. government on Tuesday slashed its oil production projection for 2023 by a whopping 21% following a string of disappointing forecasts from the shale patch. More trouble in Shale City: U.S ...