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Royal Dutch Shell Plc, Europe’s largest energy company, will shift its investment focus to oil- rich shale in the U.S. because of lower natural-gas prices.“We are going to the lower end of our investment in the United States for shale gas,” Chief Executive Officer Peter Voser said today in an interview...
The Chief Executive Officer of EOG Resources Inc. expects that the company will begin drilling at the Vaca Muerta oil shale in Argentina's Neuquen basin within weeks.Mark Papa said preliminary testing of the company's oil shale acreage in Argentina has so far been very promising."We think it could be...
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...
Eesti Energia AS has signed an agreement by which it will acquire 100% of Oil Shale Exploration Company (OSEC), a US company holding the largest privately owned oil shale resources in the State of Utah, USA.By acquiring OSEC, Eesti Energia will obtain over 3.1 billion tons of in place oil shale that...