NOVELTY - Process (I) for extracting a fuel product (102) from a carbonaceous material (104), comprises (a) contacting the carbonaceous material with a metal and/or a metal ion containing compound (106) in the presence of water (108) under conditions suitable for initiating an exothermic reaction, and providing the hydrocarbon product.    USE - The process is useful for: extracting fuel product, hydrogen gas and alcohol from carbonaceous material; and upgrading the fuel product from carbonaceous material (all claimed).    ADVANTAGE - The process: provides fuel product (hydrocarbon product) from carbonaceous material by utilizing less water and energy requirements, thus it is simple and cost-effective, where the obtained hydrocarbon product has improved quality (e.g. enhanced flowability, reduced viscosity, intensity, molecular weight or impurities).    DETAILED DESCRIPTION - INDEPENDENT CLAIMS are also included for:    (1) upgrading a carbonaceous material, comprising (a) as above per se;    (2) a process (II) for extracting a hydrocarbon product, hydrogen gas or an alcohol from a carbonaceous material, comprising contacting the carbonaceous material with the metal and/or metal ion containing compound, water, optionally an alkaline agent, and optionally an oxidizing agent (110), under conditions suitable for initiating exothermic reaction and providing the hydrocarbon product; and    (3) extracting a fuel product from a carbonaceous material, comprising contacting the carbonaceous material with the metal and/or metal ion containing compound in the presence of water under conditions suitable for initiating exothermic reaction and providing the hydrocarbon product and a product gas mixture, and contacting the product gas mixture with a metal catalyst under conditions to convert at least some of carbon dioxide or carbon monoxide in the product gas mixture to methane to produce an upgraded product gas mixture.    DESCRIPTION OF DRAWING(S) - The figure shows a flow chart for extracting fuel product from carbonaceous material.    Fuel product (102)    Carbonaceous material (104)    Metal and/or metal ion containing compound (106)    Water (108)    Oxidizing agent (110)