Shell has learned a great deal about oil shale in Colorado and will apply that knowledge to oil-shale plays in other parts of the world…
By Mark Jaffe: The Denver Post: Posted: Â 09/24/2013Â
Royal Dutch Shell on Tuesday became the most recent company to abandon efforts to turn Western Slope oil-shale rock into oil, announcing it is abandoning its Mahogany project.
Chevron stopped its oil-shale research in Rio Blanco County in February 2012.
“The energy markets have evolved since we started the project in 1982,” said Kelly op de Weegh, a Shell spokeswoman. “We are exiting our Colorado project to focus on other opportunities.”