Global Resource announced this morning that it has signed an agreement with Professor Dinesh Agrawal of Pennsylvania State University to research the commercialization of its proprietary microwave technology to extract hydrocarbons from oil shale.
The Chairman of Global Resource commented, “We are looking forward to working with Professor Agrawal and Penn State on proving the commercial viability of microwave technology for extracting hydrocarbons from oil shale in a cost-effective and emissions-free process.”
“Unlike the existing technologies for extracting energy from oil shale, microwave technology uses less energy and is, therefore, more efficient. Also, due to the vacuum process, there are no CO or CO2 emissions,” he added.
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