American Shale Oil
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American Shale Oil
The American Shale Oil, LLC (AMSO), originally known as EGL Oil Shale, LLC, was a developer of in-situ shale oil extraction technology based in Rifle, Colorado. It was owned by Genie Energy and Total S.A. In May 2016, Genie Energy announced that the AMSO project was closing. History EGL Oil Shale was established as a subsidiary of EGL Resources, a privately owned independent oil and gas company with operations in the southwestern United States. In 2006, it was awarded a lease by the United States Bureau of Land Management to develop and demonstrate its in-situ oil shale extraction technology in Western Colorado. On 22 January 2008, IDT Corporation and EGL Resources signed an agreement, according to which IDT acquired 75% of EGL Oil Shale and renamed it AMSO, LLC. AMSO was formed on 15 February 2008. Shortly thereafter, IDT bought an additional 15% of AMSO, LLC. Subsequently, on 3 March 2009, French oil major Total bought 50% of AMSO, LLC's shares for $3.2 million, with E ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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Oil Shale Companies Of The United States
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Defunct Oil Companies Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Piceance Basin
The Piceance Basin is a geologic structural basin in northwestern Colorado, in the United States. It includes geologic formations from Cambrian to Holocene in age, but the thickest section is made up of rocks from the Cretaceous Period. The basin contains reserves of coal, natural gas, and oil shale. The name likely derives from the Shoshoni word ''/piasonittsi/'' meaning “tall grass” (''/pia-/'' ‘big’ and ''/soni-/'' ‘grass’). Hydrocarbon resources In 2016 USGS released an assessment of the resources of the Mancos Shale of the Piceance Basin in Colorado and Utah, "a total of assessed technically recoverable mean resources of 74 million barrels of shale oil, 66.3 trillion cubic feet of gas, and 45 million barrels of natural gas liquids." Natural gas The basin has come to increasing public attention in recent years because of widespread drilling to extract natural gas. The primary target of gas development has been the Williams Fork Formation of the Mesaverde Group, ...
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Newark, New Jersey
Newark ( , ) is the most populous city in the U.S. state of New Jersey and the seat of Essex County and the second largest city within the New York metropolitan area.New Jersey County Map
New Jersey Department of State. Accessed July 10, 2017.
The city had a population of 311,549 as of the , and was calculated at 307,220 by the Population Estimates Program for 2021, making it
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United States Department Of Energy
The United States Department of Energy (DOE) is an executive department of the U.S. federal government that oversees U.S. national energy policy and manages the research and development of nuclear power and nuclear weapons in the United States. The DOE oversees the U.S. nuclear weapons program, nuclear reactor production for the United States Navy, energy-related research, and domestic energy production and energy conservation. The DOE was created in 1977 in the aftermath of the 1973 oil crisis. It sponsors more physical science research than any other U.S. federal agency, the majority of which is conducted through its system of National Laboratories. The DOE also directs research in genomics, with the Human Genome Project originating from a DOE initiative. The department is headed by the Secretary of Energy, who reports directly to the president of the United States and is a member of the Cabinet. The current Secretary of Energy is Jennifer Granholm, who has served ...
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Golden, Colorado
Golden is a List of municipalities in Colorado#Home rule municipality, home rule city that is the county seat of Jefferson County, Colorado, Jefferson County, Colorado, United States. The city population was 20,399 at the 2020 United States Census. Golden lies along Clear Creek (Colorado), Clear Creek at the base of the Front Range of the Rocky Mountains. Founded during the Pike's Peak Gold Rush on June 16, 1859, the mining camp was originally named Golden City in honor of Thomas L. Golden. Golden City served as the capital of the provisional Territory of Jefferson from 1860 to 1861, and capital of the official Territory of Colorado from 1862 to 1867. In 1867, the territorial capital was moved about east to Denver#History, Denver City. Golden is now a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the Front Range Urban Corridor. The Colorado School of Mines, offering programs in engineering and science, is located in Golden. In addition, it is also h ...
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Colorado School Of Mines
The Colorado School of Mines, informally called Mines, is a public research university in Golden, Colorado, founded in 1874. The school offers both undergraduate and graduate degrees in engineering, science, and mathematics, with a focus on energy and the environment. While Mines does offer minor degrees in the humanities, arts, and social sciences, it only offers major degrees in STEM fields, with the exception of economics. In the Fall 2019 semester, the school had 6,607 students enrolled, with 5,155 in an undergraduate program and 1,452 in a graduate program. The school has been co-educational since its founding, however, enrollment remains predominantly male (69.2% as of Fall 2020). In every QS World University Ranking from 2016 to 2020, the university was ranked as the top institution in the world for mineral and mining engineering. It is classified among "R1: Doctoral Universities – Very high research activity". __toc__ History Early history Golden, Colorado, e ...
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Petrochina
PetroChina Company Limited () is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer and was China's second biggest oil producer in 2006. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007,Analysts express optimism about Chinese shares
(Xinhuanet.com, with source from ''Shanghai Daily'')
and subsequently entered the constituent of SSE 50 Index. In the 2020

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Shell In Situ Conversion Process
The Shell ''in situ'' conversion process (Shell ICP) is an ''in situ'' shale oil extraction technology to convert kerogen in oil shale to shale oil. It is developed by the Shell Oil Company. History Shell's ''in situ'' conversion process has been under development since the early 1980s. In 1997, the first small scale test was conducted on the Mahogany property test site, located west of Denver on Colorado's Western Slope in the Piceance Creek Basin. Since 2000, additional research and development activities have carried on as a part of the Mahogany Research Project. The oil shale heating at Mahogany started early 2004. From this test site, Shell has recovered of shale oil. Process The process heats sections of the vast oil shale field ''in situ'', releasing the shale oil and oil shale gas from the rock so that it can be pumped to the surface and made into fuel. In this process, a freeze wall is first to be constructed to isolate the processing area from surrounding ...
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Hydraulic Fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Hydraulic fracturing began as an experiment in 1947, and the first commercially successful application followed in 1950. As of 2012, 2.5 million "frac jobs" had been performed worldwide on oil and gas wells, over one million of those within the U.S. Such treatment is generally necessary to achieve adequate flow rates in shale gas, tight gas, tig ...
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