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The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.
The Jordan Times. The government of Jordan has concluded negotiations with Shell for the in-situ production of oil from oil shale. Jordan has reserves of some 40 billion tonnes of oil shale in 21 locations near the Yarmouk River, Buweida, Beit Ras, Rweished, Karak, Madaba and Maan districts.
Jordan Times. Jordan and Shell are signing an agreement to further the development and potential commercialization of the country’s oil shale resources. The agreement outlines a three-stage process leading to a commercialization decision in about 10 years.
With the recent approval of the Committee on Foreign Investment in the United States (CFIUS), Eesti Energia (internationally known as Enefit) of Estonia has purchased a 100% interest in Oil Shale Exploration Company ( OSEC ) of Alabama, which has significant oil shale interests in Utah. billion barrels of shale oil in Utah.
Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.
Territories that were largely desert in the middle of the 20th century are now thriving oil economies. Still in its infancy as a commercially viable fuel, hydrogen produced sustainably by using renewable energy to power the electrolysis of water can provide vast quantities of clean fuel. Many more will follow.
Jordan Brompton, co-founder and CMO of myenergi, commented: “At myenergi, we’re committed to making the world a better place by helping homeowners to embrace a better future and reduce their reliance on fossil fuels. Hayley Nolan Photography. Coastal Silver. The Little Tea Pot. Grimsby Town Football Club. Riverhead Coffee.
Jordan Brompton, co-founder and CMO of myenergi, commented: “At myenergi, we’re committed to making the world a better place by helping homeowners to embrace a better future and reduce their reliance on fossil fuels. Hayley Nolan Photography. Coastal Silver. The Little Tea Pot. Grimsby Town Football Club. Riverhead Coffee.
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