Portland, OR — (PRESS RELEASE JET) — 09/29/2017 — Oil shale is a sedimentary rock with finely grained structure and presence of different organic contents. It contains solid bituminous materials called kerogen, which is released in the form of petroleum-like liquids during the heating of the rock via chemical process called pyrolysis. It is mined and processed to develop oil, which is same as the one pumped from conventional oil wells; thus, it is considered as the substitute of crude oil. (shale oil market price)The deposits of oil shale is present in different regions around the world but majority of them occurs in the U.S.
The growth of the global oil shale market is driven by depleting sources of crude oil and projected benefits of oil shale such as reduction in energy dependence and oil prices balance. Moreover, development in drilling techniques is increasing the quantity of recoverable oil reserves, which supplements the market growth. However, higher cost incurred during oil shale mining & processing hampers the (shale oil marketwatch) market growth.
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Comprehensive competitive analysis and profiles of major market players provided in the report are:
– AFSK HOM TOV
– American Resource Petroleum Corp.
– American Shale Oil Corp. (AMSO)
– Aurasource Inc.
– Blue Ensign Technologies Ltd.
– Chattanooga Corp.
– Shale Gasoline
– Shale Diesel
– Heavy Oil
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The report segments the oil shale market on the basis of product, technology, process, application, and geography. Based on product, the market is divided into shale gasoline, shale diesel, kerosene, and heavy oil. By technology, it is bifurcated into in-situ technology and ex-situ technology. Ex-situ is further divided into Kiviter process, Fushun process, Galoter retort, Petrosix technology, and Paraho process.
– In-situ Technology
– Shells In-situ Conversion Process
– Ex-situ Technology
– Kiviter Process
– Fushun Process
On account of process, the oil shale market is segmented into oil shale exploration, ore preparation, oil shale retortion, shale oil refining, and specialty services. The applications covered in the study include fuel, electricity, cement, and chemical. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA. (shale oil companies stock market)
– North America
o Rest of Europe
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