Detailed organic and inorganic geochemical analyses were used to assess the depositional environment and source rock potential of the Cenomanian and Turonian oil shale deposits in the Tarfaya Basin. This study is based on core samples from the Tarfaya Sondage-4 well that penetrated over 300m of Mid Cretaceous organic matter-rich deposits. A total of 242 samples were analyzed for total organic and inorganic carbon and selected samples for total sulfur and major elements as well as for organic petrology, Rock-Eval pyrolysis, Curie-Point-pyrolysis-gaschromatography-Mass-Spectrometry and molecular geochemistry of solvent extracts. Based on major elements the lower Cenomanian differs from the other intervals by higher silicate and lower carbonate contents. Moreover, the molecular geochemistry suggests anoxic bottom marine water conditions during the Cenomanian-Turonian Boundary Event (CTBE; Oceanic Anoxic Event 2: OAE2). As a proxy for the Sorg/Corg ratio, the ratio total thiophenes/total benzenes compounds was calculated from pyrolysate compositions. The results suggest that Sorg/ Corg is low in the lower Cenomanian, moderate in the upper Cenomanian, very high in the CTBE (CenomanianTuronian Boundary Event) and high in the Turonian samples. Rock-Eval data reveal that the lower Cenomanian is a moderately organic carbon-rich source rock with good potential to generate oil and gas upon thermal maturation. On the other hand, the samples from the upper Cenomanian to Turonian exhibit higher organic carbon content and can be classified as oil-prone source rocks. Based on Tmax data, all rocks are thermally immature. The microscopic investigations suggest dominance of submicroscopic organic matter in all samples and different contents of bituminite and alginite. The lower Cenomanian samples have little visible organic matter and no bituminite. The upper Cenomanian and CTBE samples are poor in bituminite and have rare visible organic matter, whereas the Turonian samples change from bituminite-fair to bituminite-rich and to higher percentages of visible organic matter towards the younger interval. These differences in the organic matter type are attributed to i) early diagenetic kerogen sulfurization and ii) the upwelling depositional environment. Moreover, kerogen sulfurization was controlled by the relationship between carbonate, iron and sulfur as well as the organic matter. Thus, the organic carbon-rich deposits can be grouped into: i) low Sorg and moderately organic matter-rich oil prone source rocks, ii) moderate Sorg and organic-carbon-rich oil prone source rocks, iii) high Sorg and organic carbon-rich oil prone source rocks and iv) very high Sorg and organic carbon-rich oil prone source rocks, the latter representing the CTBE interval. Types 2 to 4 will generate sulfur-rich petroleum upon maturation or artificial oil shale retorting. This integrated organic and inorganic approach sheds light on the various processes leading to the development of the world-class oil shales deposited through the Cenomanian to Turonian. In addition, this study shows how the changes in the depositional environment might have controlled kerogen sulfurization and organic matter preservation and structure. This detailed approach provides a better understanding on source rock development during the Cenomanian to Turonian in a global context, as many of the geochemical features were identified worldwide for deposits related to OAE2