The most substantial feature of shale oil and power cogeneration is the technology that uses the high-temperature solid phase from the ash separator of a circulating fluidised-bed (CFB) boiler as the heat carrier in the rotating drum reactor in oil shale retorting equipment rather than high-temperature ash from a single-purpose built-in semi-coke burning furnace. Retort pro­ducts generated in the rotating drum reactor are separated from semi-coke in the separator and canalised into the condensing and cleaning equipment. Semi-coke is transported into the CFB furnace. All co-products generated in this technological process, such as phenol water, drying agent containing oil shale particles etc., are defused in the furnace of the CFB boiler. The applica­tion of such technology makes it possible to minimise the dangerous waste of shale oil production and guarantee the maximum use of oil shale energy.