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

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With technologically recoverable reserves estimated at about 800 billion barrels in the US—three times the size of Saudi Arabia’s proved reserves—oil shale offers vast development potential. Shell’s recent agreement to develop oil shale in Jordan at a projected cost of $20 billion illustrates the potential cost of these projects.

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Syrian oil ministry announces oil shale tender

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Syria’s Ministry of Petroleum and Mineral Resources has announced a tender for investing in oil shale in the Khanaser area, 103 km in southeastern Aleppo, over an area of 150 km 2 divided into 14 blocks with geological reserves of 2.3 Oil shale deposits in Syria. According to The Oil and Gas Journal , Syria had 2.5

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