Read the latest news and press releases on shale opportunities, trends, and projects in the Oil & Gas industry.
Shale Oil News & Press Releases from the Oil & Gas Industry
The shale oil industry revolves around an unconventional activity involving the mining of fine-grained sedimentary rocks which contains kerogen that can produce liquid hydrocarbons or synthetic oil and gas. Although this activity has been around for a while, it is only in recent decades that companies have started re-engaging their shale oil activities. Most of the projects involving shale oil occur in countries in North America, Europe, Asia and even Australia. Shale oil can be used as heating oil, marine fuel, and to generate low grade fuel for power generation in thermal power plants.
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