Unconventional Resources

Unconventional oil is petroleum produced or extracted using techniques other than the conventional (oil well) method. Oil industries and governments across the globe are investing in unconventional oil sources due to the increasing scarcity of conventional oil reserves.

According to the International Energy Agency's (IEA) World Energy Outlook 2001 unconventional oil included "oil shale’s, oil sands-based synthetic crudes and derivative products, (heavy oil, Orimulsion), coal-based liquid supplies, biomass-based liquid supplies, gas to liquid (GTL) - liquids arising from chemical processing of gas."

In the IEA's World Energy Outlook 2011 report, "unconventional oil include extra-heavy oil, natural bitumen (oil sands), kerosene oil, liquids and gases arising from chemical processing of natural gas (GTL), coal-to-liquids (CTL) and additives."

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