Accompanying with gradual decrease of oil resources,as a kind of new energy resource, gas shale, oil shale,oil sand and heavy oil have aroused much attention in recent years. There are abundant oil shale resources in Shandong province.Through collecting the former information,field geological survey,well drilling recording,standard mining investigation and laboratory analysis of important samples, oil shale in Shandong province has been analyzed. Characteristics and forming environment of oil shale have been known primarily. It will provide some references for guiding predication and potentiality evaluation of oil shale in Shandong province.