Global Oil Shale Market

Global Oil Shale Market – By Technology, Geography, Market Potential, Trends & Forecasts 2030

Report Code: EP 1208 Feb, 2011, by marketsandmarkets.com
Global Oil Shale Market – By Technology, Geography, Market Potential, Trends & Forecasts 2030

Key Take-aways

  • To measure the current global oil shale market in terms of its various segments, which are products, applications, and retorting technology processes.
  • To analyze the oil shale market’s current business model in various geographies.
  • To study the key market events in terms of industry insights and political trends.
  • To evaluate market opportunities for stakeholders by identifying the focus areas within the market.
  • To strategically analyze the competitive landscape and to discuss the participation of the market’s top companies.

 Report Description

The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. These factors and fluctuating costs have created the need for other resources to meet the growing demand for fuel oil. 

Global oil shale resources can supply more than 2.8 trillion barrels of nonrenewable energy. This is almost three times the capacity of crude oil reserves. Currently, the cost of retorting oil from oil shale is higher than the cost of crude oil production. Although this factor has kept many companies out of the market so far, cutting-edge research is now being undertaken across the globe to reduce the cost of production. One such study by Shell seeks to cut production costs to less than $25 per barrel. These developments within the oil shale industry can soon open up tremendous market opportunities for all the industry stakeholders. In addition to the extracted fuel oil, oil shale yields several other sub-products like lubricating oil which also possess huge market potential.

This report will be the first of its kind to study the oil shale market on the basis of each market segment. It provides vital market data and also strategically discusses market opportunities for the stakeholders in the oil shale market.

Scope and Format

The oil shale market or more specifically the Kerogen market is segmented according to the extracted products, applications, technologies, and geographies. Each section will provide market data, market drivers, trends and opportunities, and key players. In order to provide a comprehensive market insight, the report’s market tables are also categorized on the basis of revenues generated by each product, application, technology, and geography. The report also highlights the strategic issues involved in tapping the oil shale market, which is expected to dominate the world market for nonrenewable energy.

Stakeholders

The intended audiences will be:

  • Oil shale companies
  • Petroleum Companies
  • Energy Companies
  • Mining companies
  • Technology Providers

Research Methodology

The global oil shale market is analyzed and forecasted for the period 2015 to 2030. The market forecasts are based on primary and secondary research data. The market structure is designed on the basis of secondary research on the product portfolios of oil shale and energy companies. This structure is cross-validated through primaries conducted with industry players. The secondary research was based on paid sources such as Factiva and basic internet search using associations, company websites and news articles.

Each section of the report offers market data with respect to segments and geography. It also provides market trends with respect to drivers, restraints and opportunities. The report contains strategic section with respect to competitive landscape and market overview. The report ill encompass around 15 company profiles.

THE REPORT ANSWERS THE FOLLOWING QUESTIONS

  • What are the key market dynamics influencing the market trends?
  • Where are key opportunities available to the market players to capitalize on?
  • What are the competitive strategies increasingly adopted to combat competition? 

What makes our report unique?

  • Provision of longest market segmentation in the industry.
  • The report provides analysis of patents and more than 20 company profiles giving a competitive outlook.
  • The report includes market data for segments such as tools, services and applications for the major geographies – North America, Europe, Asia-Pacific and ROW.
  • The high level analysis provided by the report analyzes the market prospective for different major market segments along with the identification of opportunities.
  • Provided competitive analysis stating the major segments focused by the global market players and the key developments – equipments, devices and technology.

Key questions answered

  • Which are the high growth markets segments in terms of devices and consumables?
  • What are the market forecasts and estimates from the period 2009-12?
  • What are the major drivers and opportunities in the market?
  • What is the competitive outlook, what are the major tools and services, who are the major players in the market segments?

Oil Shale Market

The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. Fluctuating costs have created the need for other resources to meet the growing demand for fuel oil.

Crude Oil Prices

Global oil shale resources can supply more than 2.8 trillion barrels of nonrenewable energy. This is almost three times the capacity of crude oil reserves. Currently, the cost of retorting oil from oil shale is higher than the cost of crude oil production. Although this factor has kept many companies out of the market so far, cutting-edge research is now being undertaken across the globe to reduce the cost of production. One such study by Shell seeks to cut production costs to less than $25 per barrel. These developments within the oil shale industry can soon open up tremendous market opportunities for all the industry stakeholders. In addition to the extracted fuel oil, oil shale yields several other sub-products like lubricating oil which also possess huge market potential.

The global oil shale market is expected to start generating revenues from 2015. In this year, the market is estimated to be $12.02 billion. The volume produced will increase after 2020 as more countries are expected to begin oil shale production.

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TABLE OF CONTENTS   
   
1 INTRODUCTION
  
  1.1 KEY TAKE-AWAYS 
  1.2 REPORT DESCRIPTION 
  1.3 SCOPE AND FORMAT 
  1.4 STAKEHOLDERS 
  1.5 RESEARCH METHODOLOGY 

2 SUMMARY  

3 MARKET OVERVIEW  
  3.1 INTRODUCTION 
  3.2 SOURCES OF ENERGY 
  3.3 GLOBAL ENERGY CONSUMPTION 
  3.4 CRUDE OIL 
  3.5 OPPORTUNITIES FOR SHALE OIL 
  3.6 OIL INDUSTRY LIFECYCLE 
  3.7 OIL SHALE RESERVES 
  3.8 OPPORTUNITIES FOR STAKEHOLDERS 
  3.9 DRIVERS 
      3.9.1 DEPLETING CRUDE OIL RESOURCES
      3.9.2 INCREASING DEMAND FOR CRUDE OIL
      3.9.3 COST BENEFIT OF OIL SHALE IN LONG RUN
 3.10 RESTRAINTS 
      3.10.1 HIGHER PRODUCTION COST OF OIL SHALE
      3.10.2 ENVIRONMENTAL ISSUES
      3.10.3 LOW CARBON CONTENT
 3.11 DEFINING THE OIL SHALE MARKET 
      3.11.1 BY PRODUCTS
      3.11.2 BY APPLICATIONS
      3.11.3 BY TECHNOLOGY
      3.11.4 BY PROCESSES
 3.12 MAJOR COMPANIES 
 3.13 PATENT ANALYSIS 

4 GLOBAL OIL SHALE MARKET, BY PRODUCTS  
  4.1 INTRODUCTION 
  4.2 GLOBAL MARKET FOR SHALE OIL EXTRACTED FROM OIL SHALE 
      4.2.1 FACTORS INFLUENCING THE SHALE OIL MARKET
            4.2.1.1 Heavy demand from transportation and industrial sectors
            4.2.1.2 Cartelization in the conventional crude oil industry
            4.2.1.3 High cost of production of oil shale
            4.2.1.4 Oil Content
      4.2.2 GLOBAL SHALE GASOLINE MARKET
      4.2.3 GLOBAL SHALE DIESEL MARKET
      4.2.4 GLOBAL KEROSENE MARKET
      4.2.5 GLOBAL HEAVY OIL MARKET
  4.3 GLOBAL MARKET FOR GASES FROM OIL SHALE 
      4.3.1 GLOBAL PROPANE MARKET FROM OIL SHALE
      4.3.2 GLOBAL BUTANE MARKET FROM OIL SHALE

5 GLOBAL OIL SHALE MARKET, BY APPLICATIONS  
  5.1 INTRODUCTION 
  5.2 FUEL APPLICATIONS MARKET 
      5.2.1 DEPLETING FOSSIL FUEL RESERVES & HIGH OIL PRICES
      5.2.2 REGULATORY PROBLEMS
  5.3 ELECTRICITY APPLICATION MARKET 
      5.3.1 DEPLETING FOSSIL FUELS
      5.3.2 INCREASE IN ELECTRICITY CONSUMPTION
      5.3.3 OTHER SOURCES OF ELECTRICITY
  5.4 CEMENT APPLICATION MARKET 
      5.4.1 INFRASTRUCTURE DEVELOPMENT
  5.5 CHEMICAL APPLICATION MARKET 

6 GLOBAL OIL SHALE MARKET, BY PROCESS  
  6.1 INTRODUCTION 
  6.2 GLOBAL MARKET FOR OIL SHALE EXPLORATION 
      6.2.1 GOVERNMENT SUPPORT FOR EXPLORATION
      6.2.2 HUGE POTENTIAL IN EXPLORED COUNTRIES
  6.3 ORE PREPARATION 
  6.4 OIL SHALE RETORTION 
  6.5 SHALE OIL REFINING 
      6.5.1 SHALE OIL
      6.5.2 SHALE GAS
  6.6 SPECIALTY SERVICES 
      6.6.1 LOGISTICS & TECHNOLOGY OUTSOURCING
      6.6.2 WASTE MANAGEMENT AND POLLUTION CONTROL
            6.6.2.1 Land-Use and Waste Management Issues
            6.6.2.2 Water and Air Pollution Problems

7 GLOBAL OIL SHALE RETORTION MARKET, BY TECHNOLOGY  
  7.1 INTRODUCTION 
  7.2 IN-SITU TECHNOLOGY 
      7.2.1 SHELL’S IN-SITU CONVERSION PROCESS
  7.3 EX-SITU TECHNOLOGY 
      7.3.1 KIVITER PROCESS
      7.3.2 FUSHUN PROCESS
      7.3.3 GALOTER RETORT
      7.3.4 PETROSIX TECHNOLOGY
      7.3.5 PARAHO PROCESS

8 GLOBAL OIL SHALE MARKET, BY GEOGRAPHY  
  8.1 INTRODUCTION 
  8.2 U.S. OIL SHALE MARKET 
      8.2.1 DRIVERS & RESTRAINTS
  8.3 CHINA OIL SHALE MARKET 
      8.3.1 DRIVERS & RESTRAINTS
  8.4 RUSSIAN OIL SHALE MARKET 
      8.4.1 DRIVERS
            8.4.1.1 Large producer, exporter and consumer of oil
            8.4.1.2 Large oil shale resource holder
  8.5 EUROPEAN OIL SHALE MARKET 
      8.5.1 ESTONIA
      8.5.2 UK
  8.6 ROW OIL SHALE MARKET 
      8.6.1 ISRALE
      8.6.2 CANADA
      8.6.3 AUSTRALIA

9 COMPANY PROFILES  
  9.1 AFSK HOM TOV 
      9.1.1 OVERVIEW
      9.1.2 TECHNOLOGY
      9.1.3 STRATEGIC ANALYSIS
  9.2 AMERICAN RESOURCE PETROLEUM CORP. 
      9.2.1 OVERVIEW
      9.2.2 STRATEGIC ANALYSIS
  9.3 AMERICAN SHALE OIL CORP. (AMSO) 
      9.3.1 OVERVIEW
      9.3.2 TECHNOLOGY
      9.3.3 STRATEGIC ANALYSIS
  9.4 AURASOURCE INC. 
      9.4.1 OVERVIEW
      9.4.2 TECHNOLOGY
      9.4.3 STRATEGIC ANALYSIS
  9.5 BLUE ENSIGN TECHNOLOGIES LTD. 
      9.5.1 OVERVIEW
      9.5.2 TECHNOLOGY
  9.6 CHATTANOOGA CORP. 
      9.6.1 OVERVIEW
      9.6.2 TECHNOLOGY
      9.6.3 STRATEGIC ANALYSIS
  9.7 CHEVRON SHALE OIL COMPANY 
      9.7.1 OVERVIEW
      9.7.2 TECHNOLOGY
      9.7.3 STRATEGIC ANALYSIS
  9.8 EESTI PÕLEVKIVI 
      9.8.1 OVERVIEW
      9.8.2 TECHNOLOGY
      9.8.3 STRATEGIC ANALYSIS
  9.9 ELECTRO-PETROLEUM INC. 
      9.9.1 OVERVIEW
      9.9.2 TECHNOLOGY
  9.10 EXXON MOBIL CORP. 
       9.10.1 OVERVIEW
       9.10.2 TECHNOLOGY
       9.10.3 STRATEGIC ANALYSIS
  9.11 FUSHUN MINING GROUP CO., LTD 
       9.11.1 OVERVIEW
       9.11.2 TECHNOLOGY
       9.11.3 STRAEGIC ANALYSIS
  9.12 GLOBAL RESOURCE CORP 
       9.12.1 OVERVIEW
       9.12.2 TECHNOLOGY
       9.12.3 STRATEGIC ANALYSIS
  9.13 IMPERIAL PETROLEUM RECOVERY CORP. 
       9.13.1 OVERVIEW
       9.13.2 TECHNOLOGY
       9.13.3 STRATEGIC ANALYSIS
  9.14 INDEPENDENT ENERGY PARTNERS 
       9.14.1 OVERVIEW
       9.14.2 TECHNOLOGY
       9.14.3 STRATEGIC ANALYSIS
  9.15 MILLENNIUM SYNFUELS, LLC 
       9.15.1 OVERVIEW
       9.15.2 TECHNOLOGY
       9.15.3 STRATEGIC ANALYSIS
  9.16 MOUNTAIN WEST ENERGY 
       9.16.1 OVERVIEW
       9.16.2 TECHNOLOGY
       9.16.3 STRATEGIC ANALYSIS
  9.17 NARVA OIL PLANT 
       9.17.1 OVERVIEW
       9.17.2 TECHNOLOGY
       9.17.3 STRATEGIC ANALYSIS
  9.18 PETRO PROBE, INC 
       9.18.1 OVERVIEW
       9.18.2 TECHNOLOGY
       9.18.3 STRATEGIC ANALYSIS
  9.19 PETROBRAS 
       9.19.1 OVERVIEW
       9.19.2 TECHNOLOGY
       9.19.3 STRATEGIC ANALYSIS
  9.20 QUEENSLAND ENERGY RESOURCES 
       9.20.1 OVERVIEW
       9.20.2 TECHNOLOGY
       9.20.3 STRATEGIC ANALYSIS
  9.21 SCHLUMBERGER 
       9.21.1 OVERVIEW
       9.21.2 TECHNOLOGY
       9.21.3 STRATEGIC ANALYSIS
  9.22 SHALE TECHNOLOGIES, LLC 
       9.22.1 OVERVIEW
       9.22.2 TECHNOLOGY 
  9.23 SHELL OIL CO. 
       9.23.1 OVERVIEW
       9.23.2 TECHNOLOGY
       9.23.3 STRATEGIC ANALYSIS
  9.24 VIRU KEEMIA GROUP 
       9.24.1 OVERVIEW
       9.24.2 TECHNOLOGY
       9.24.3 STRATEGIC ANALYSIS
  9.25 XTRACT ENERGY PLC 
       9.25.1 OVERVIEW
       9.25.2 TECHNOLOGY

APPENDIX   
 CHEMICAL COMPOSITION OF OIL SHALE 
 PRIMARY ENERGY CONSUMPTION 
 PRIMARY ENERGY PRODUCTION 
 FOSSIL FUEL RESERVES 
 OIL RESERVES 
 R/P RATIO FOR CRUDE OIL 
 COAL RESERVES 
 NATURAL GAS RESERVES 
 PATENT TABLES 
 U.S. PATENTS 
 EUROPE PATENTS 

LIST OF TABLES   
   
TABLE 1 GLOBAL OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 2 GLOBAL CRUDE OIL PRODUCTION (MILLION BARRELS)  
TABLE 3 GLOBAL SHALE OIL RESERVES  
TABLE 4 SHALE OIL PRODUCTION, BY COUNTRIES, 2008 (THOUSAND BARRELS PER DAY)   
TABLE 5 CRUDE OIL PRODUCTION AND CONSUMPTION GAP, BY GEOGRAPHY, 2009 (THOUSAND BARRELS PER DAY)  
TABLE 6 ESTIMATED PRODUCTION COST, 2008  
TABLE 7 CARBON EMISSION FROM ELECTRICITY GENERATION, BY FUEL  
TABLE 8 AVERAGE CALORIFIC VALUE OF OIL SHALE, BY REGION  
TABLE 9 GLOBAL OIL SHALE MARKET, BY APPLICATIONS, 2015 – 2030 ($MILLION)  
TABLE 10 GLOBAL OIL SHALE MARKET, BY TECHNOLOGIES, 2015 – 2030 ($MILLION)  
TABLE 11 GLOBAL OIL SHALE MARKET, BY PROCESSES, 2015 –2030 ($MILLION)  
TABLE 12 TOP PLAYERS – THEIR TECHNOLOGIES & RESOURCE AREA  
TABLE 13 PATENT IN FIELDS OF OIL SHALE, 2004 – 2008  
TABLE 14 GLOBAL OIL SHALE MARKET, BY PRODUCTS, 2015 –2030 (MILLION BARRELS)   
TABLE 15 GLOBAL SHALE OIL MARKET, BY PRODUCTS, 2015–2030 ($MILLION)  
TABLE 16 GLOBAL SHALE OIL MARKET, BY PRODUCTS, 2015 – 2030 (MILLION BARRELS)   
TABLE 17 OIL CONTENT IN OIL SHALE, BY REGION  
TABLE 18 SHALE OIL YIELD OF OIL SHALE DEPOSITS  
TABLE 19 TOTAL POTENTIAL PRODUCTION OF GASOLINE FROM SHALE OIL, (MILLION BARRELS)  
TABLE 20 TOTAL POTENTIAL PRODUCTION OF SHALE DIESEL (MILLION BARRELS)   
TABLE 21 TOTAL POTENTIAL PRODUCTION OF SHALE KEROSENE, (MILLION BARRELS)   
TABLE 22 TOTAL POTENTIAL PRODUCTION OF HEAVY OIL FROM SHALE OIL, (MILLION BARRELS)  
TABLE 23 TOTAL POTENTIAL PRODUCTION OF GASES FROM OIL SHALE, (MILLION BARRELS)   
TABLE 24 GLOBAL PROPANE MARKET, 2015 – 2020 ($MILLION)  
TABLE 25 GLOBAL BUTANE MARKET, 2015 – 2030 ($MILLION)  
TABLE 26 GLOBAL OIL SHALE MARKET, BY TECHNOLOGY, 2015 - 2030 ($MILLION)  
TABLE 27 GLOBAL OIL SHALE MARKET, BY TECHNOLOGY, 2015 – 2030 (MILLION BARRELS)   
TABLE 28 TECHNOLOGY USED FOR RETORTION, BY COUNTRY  
TABLE 29 GLOBAL OIL SHALE MARKET, BY GEOGRAPHY, 2015 – 2030 ($MILLION)  
TABLE 30 GLOBAL OIL SHALE MARKET, BY GEOGRAPHY 2015 – 2030 (THOUSAND BARRELS PER DAY)   
TABLE 31 COUNTRIES WITH POTENTIAL FUTURE PRODUCTION  
TABLE 32 U.S. OIL SHALE RESERVES (ACRES)  
TABLE 33 U.S. OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 34 TOTAL POTENTIAL PRODUCTION OF OIL SHALE IN U.S., (MILLION BARRELS)   
TABLE 35 U.S. ENERGY PRODUCTION, BY ENERGY SOURCE, 2000 – 2009 (QUADRILLION BTU)  
TABLE 36 U.S. ELECTRICITY GENERATION, BY SOURCE, 2004 – 2009 (MILLION KWH)   
TABLE 37 CHINA OIL SHALE RESERVES, BY REGION  
TABLE 38 CHINA OIL SHALE RESERVES, BY OIL CONTENT  
TABLE 39 CHINA OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 40 TOTAL POTENTIAL PRODUCTION OF OIL SHALE IN CHINA (MILLION BARRELS)   
TABLE 41 INCREASING ENERGY CONSUMPTION IN CHINA, 2000 – 2009  
TABLE 42 CHINA’S INSTALLED ELECTRICITY CAPACITY, BY ENERGY TYPE, 2008 – 2020   
TABLE 43 RUSSIAN OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 44 TOTAL POTENTIAL PRODUCTION OF OIL SHALE IN RUSSIA (MILLION BARRELS)   
TABLE 45 EUROPEAN OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 46 TOTAL POTENTIAL PRODUCTION OF OIL SHALE IN EUROPE (MILLION BARRELS)   
TABLE 47 SHALE OIL PRODUCTION, NARVA OIL PLANT (ESTONIA), 2007 – 2010  
TABLE 48 OIL SHALE APPLICATION IN ESTONIA, 2009 – 2030  
TABLE 49 ROW OIL SHALE MARKET, BY PRODUCTS, 2015 – 2030 ($MILLION)  
TABLE 50 TOTAL POTENTIAL PRODUCTION OF OIL SHALE IN ROW (MILLION BARRELS)   
TABLE 51 OIL SHALE DEPOSITS IN ISRAEL, BY CHARACTERISTIC  
TABLE 52 JORDAN OIL SHALE DEPOSIT CHARACTERISTIC  
TABLE 53 SOME OF THE OIL SHALE DEPOSITS IN CANADA, BY YIELD  
TABLE 54 AUSTRALIAN TEN MAJOR OIL SHALE DEPOSITS, BY YIELD  
TABLE 55 CHEMICAL COMPOSITION OF OIL SHALE (%)  
TABLE 56 PRODUCT OUTPUT FROM SHALE OIL (%)  
TABLE 57 PRIMARY ENERGY CONSUMPTION (TRILLION BTU)  
TABLE 58 WORLD PRIMARY ENERGY PRODUCTION  (TRILLION BTU)  
TABLE 59 OIL RESERVES OF THE WORLD  (BILLION BARRELS)  
TABLE 60 R/P RATIO OF CRUDE OIL, 2008 (BILLION BARRELS)  
TABLE 61 COAL RESERVES OF WORLD  (MILLION TONS OIL EQUIVALENT)  
TABLE 62 NATURAL GAS RESERVES OF THE WORLD (TRILLION CUBIC METERS)  
   
LIST OF FIGURES   

FIGURE 1 GLOBAL ENERGY UTILIZATION FORECASTS  
FIGURE 2 GLOBAL ENERGY SOURCES  
FIGURE 3 GLOBAL ENERGY UTILIZATION  
FIGURE 4 VARIATION IN OIL PRICES ($PER BARREL)  
FIGURE 5 FORECASTED OIL PRICES AND SHALE OIL PRICES ($PER BARREL)  
FIGURE 6 INDUSTRY LIFE CYCLE  
FIGURE 7 OPPORTUNITIES FOR STAKEHOLDERS IN THE PROCESS OF SHALE OIL PRODUCTION & DELIVERY  
FIGURE 8 APPLICATIONS OF CRUDE OIL  
FIGURE 9 SEGMENTS OF OIL SHALE  
FIGURE 10 GLOBAL MARKET FORECAST FOR OIL SHALE, BY PRODUCTS,  2015 – 2030 ($MILLION)   
FIGURE 11 PATENTS BY GEOGRAPHY  
FIGURE 12 GLOBAL OIL SHALE MARKET, BY APPLICATIONS, 2015 – 2030 ($MILLION)  
FIGURE 13 GLOBAL OIL SHALE MARKET, BY PROCESSES, 2015 – 2030 ($MILLION)  
FIGURE 14 OIL SHALE RETORTING & REFINING PROCESS  
FIGURE 15 OIL SHALE REFINING PROCESS  
FIGURE 16 KIVITER PROCESS  
FIGURE 17 FUSHUN PROCESS  
FIGURE 18 GALOTER PROCESS  
FIGURE 19 PETROSIX PROCESS  
FIGURE 20 AMSO-EGL’S OIL SHALE PROCESS  
FIGURE 21 LAND UTILIZATION OF THE AMSO TECHNOLOGY PROCESS RETORT  
FIGURE 22 THE RENDALL PROCESS OF BLUE ENSIGN TECHNOLOGIES  
FIGURE 23 THE CHATTANOOGA PROCESS  
FIGURE 24 THE CHEVRON TECHNOLOGY  
FIGURE 25 THE MINING PROCESS AND ACTIVITIES IN EESTIA PÕLEVKIVI  
FIGURE 26 THE EEOR TECHNOLOGY OF ELECTRO-PETROLOEUM INC.  
FIGURE 27 THE ELECTROFRAC TECHNOLOGY OF EXXON  
FIGURE 28 THE PATRIOT-I TYPE PROTOTYPE TECHNOLOGY  
FIGURE 29 MICROWAVE TECHNOLOGY OF IMPERIAL PETROLEUM RECOVERY CORP.  
FIGURE 30 GEOTHERMIC FUEL CELL OF INDEPENDENT ENERGY PARTNERS  
FIGURE 31 GFC PROCESS OF INDEPENDENT ENERGY PARTNERS  
FIGURE 32 IN-SITU EXTRACTION TECHNOLOGY OF MOUNTAIN WEST ENERGY  
FIGURE 33 TSK TECHNOLOGY OF NARVA OIL PLANT  
FIGURE 34 SUPERHEATED AIR TECHNOLOGY OF PETRO PROBE  
FIGURE 35 PETROSIX PROCESS OF PETROBRAS  
FIGURE 36 FIGURE FOR THE PARAHO PROCESS OF SHALE TECH  
FIGURE 37 THE IN-SITU CONVERSION PROCESS OF SHELL  
FIGURE 38 OIL RESERVES OF THE WORLD (%)  
FIGURE 39 COAL RESERVES OF THE WORLD (%)  
FIGURE 40 NATURAL GAS RESERVES OF WORLD (%)


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