Oil Shale Market: Growing Demand, Consumption, Analysis of Leading Players- Anadarko, Occidental Petroleum, Chesapeake Energy, ExxonMobil, Marathon Oil
Oil shale, a fined-grained sedimentary rock that contains kerogen which is a mixture of organic chemical compound that yields substantial amounts of oil and combustible gas upon destructive distillation. It is a substitute for conventional crude oil and increasing investment in R & D within oil sector to reduce the environmental impact provides a significant growth opportunity for the very market.This growth is primarily driven by Huge Demand from Transportation and Industrial Sectors and Cartelization in the Conventional Crude Oil...
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