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ONGC Videsh (OVL) is expected to explore for unconventional energy resources like oil sands, shale gas and liquids, company’s director (exploration) Narendra K Verma said in a statement posted on the firm’s website. “Optimal mix of conventional and newly emergent unconventional hydrocarbon...
Jordan and China have taken the first steps towards building the world’s second-largest oil shale power plant, energy officials announced, just days after a similar joint project between the Kingdom and an Estonian firm was unveiled. The Chinese-owned firm Lejjun Oil Shale Investments and the...
Linc Energy has discovered a “significant” oil shale deposit within the Stuart Range Formation in South Australia“We need to define this resource. We’ve got at least a year or two of detailed exploration and definition work,” said Craig Ricato, legal and corporate affairs director at Linc.Linc...
Thailand’s PTTEP Canada, along with Sinochem and Japan Canada Oil Sands, have expressed interest in investing in various plays across Canada."We're open to opportunities both in conventional and unconventional resources, including shale gas, tight gas, coal bed methane, oilsands, oil shale ... and...
The Oil Shale Market 2011-2021By: Matthew Jones, VisiongainGlobal oil shale resources are enormous, standing at around 4.8 trillion barrels according to the World Energy Council’s Survey of Energy Resources 2010 (WEC SER 2010). Though it is unclear precisely what percentage of these resources is...
Shooting out of a pipe at the Zoharim oil shale drilling site southwest of Beit Shemesh on Wednesday morning was the first shale sample from the location – an 80-centimeter-long, 15-centimeter-diameter, grayish cylinder of sediment – that had just been shuttled 331 meters upward by a sweating, hard-hat-outfitted...
Syria will offer first licenses to develop shale reserves as soon as it decides whether to extract oil from the rock or burn the petroleum-rich shale as fuel in power plants, Deputy Oil Minister Abdo Hussameddin said.“We could tender by next month,” he told reporters Thursday after officials met...
Two Singapore based companies, SNOG Pte Ltd. and UPR Pte., Ltd, are reportedly planning to explore for shale resources in Myanmar's Karen state in co-operation with Myanmar Oil and Gas Enterprise.The exact location given by the New Light of Myanmar is Mapale, a few kilometres north of the main border...
Two new developments in the Israeli energy sector could well help offset the West’s growing dependence on potential problematic sources of energy.The Tamar field, which should begin production in 2013, is expected to supply all of Israel’s domestic requirements for at least 20 years. The Economist...
Karak International Oil, a subsidary of UK’s Jordan Energy & Mining Ltd. has signed a US $1.8 billion shale oil deal with Jordan's Natural Resources Authority.Under the deal, Jordan will extract oil from the Al Lajjuna concession, an area of 22 square kilometers in the Karak Governorate, ...