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Estonian shale oil company acquires shale interests in Utah

Green Car Congress

In Enefit, we have a company which has the technology, commitment, history, and financing to try and bring that oil shale to market.”. Similar to its approach in Jordan ( earlier post ), the US project will not be funded by regulated businesses and Enefit would look to acquire a strategic partner in the development phase.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Shell’s recent agreement to develop oil shale in Jordan at a projected cost of $20 billion illustrates the potential cost of these projects. CTL technologies are further along but combining the various technologies into a commercially viable plan still faces operational and technical challenges. Earlier post.).

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