Chevron leaving Western Slope oil shale project

Filed under: AM Roundup |

After attempts at wringing oil from the oil shale on the Western Slope, Chevron is closing up shop, reports the Denver Business Journal.

The oil company informed the Bureau of Land Management that it was divesting itself of its lease to explore the oil shale. Oil shale formation and the sludgy kerogen produced are different from shale oil, which produce crude oil.

Read more at the Denver Business Journal.