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Energy Hits New Rocks in Mongolia
2013-10-10 09:06:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: Mongolia, 90 percent dependent on fuel imports from Russia and vulnerable to price hikes, is seeking to develop its oil shale deposits of at least 800 billion tons. The country recently signed a five-year agreement with U.S. company Genie Energy to explore oil shale "in situ". Oil shale is essentially oil trapped in solid form within rock. Shale oil, also known as kerogen oil, is produced by pyrolysis, hydrogenation, or thermal dissolution, by contrast with shale gas, which is extracted by...
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Category:Electronics and Electrical