Shale oil extraction Energy estimates that the "ex-situ" processing would be economic at sustained average world oil prices above $54 per barrel and "in-situ" processing would be economic at prices above $35 per barrel. These estimates assume a return rate of 15%. Royal Dutch Shell announced in 2006 that its Shell ICP technology would realize a profit when crude oil prices are higher than $30 per barrel ($190/m), while some technologies at full-scale production assert profitability at oil prices even lower than $20 per barrel ($130/m). To increase the efficiency of oil shale retorting and by this the viability of the shale oil
Imperial Oil Building Imperial Oil Building The Imperial Oil Building, now known as Imperial Plaza, is a skyscraper located at 111 St. Clair Avenue West in Toronto, Ontario, Canada. The 21-storey building was completed in 1957 as the headquarters of Imperial Oil, Canada's largest oil company. The building's design had previously been rejected for a proposed new Toronto City Hall. After several decades of use as the head office of Imperial Oil, the building was sold in 2010 and converted into a condominium apartment building. The building sits atop a high escarpment with a commanding view to the south, and before the construction