A part of Estonia’s power generation is based on oil shale combustion in thermal power plants, resulting in high CO2 and pollutant emissions. The presented paper is a part of long-term experimental work to investigate the combustion of Ca-rich oil shale for air and oxyfuel combustion environments. The experiments were performed in a 60 kWth circulating fluidized bed (CFB) test facility under air, O2/CO2, and O2 with the recycled flue gas (RFG) modes of inlet O2 as vol.% ranging from 21% to 52%, and with RFG of 50% and 87%. The influence of different combustion atmospheres, excess oxygen volumetric ratios in the primary oxidizer (λPr), and dense bed temperatures (TDB), on the total NOx and N2O formations, have been studied in detail.The results show that specific concentrations of NOx (per MJ) were reduced by 14% in O2/CO2 mode, and 22% in O2/RFG compared to air combustion. N2O emissions were increased in OXY21 mode and reduced significantly from 20 mg/MJ to 4 mg/MJ with increasing inlet O2% to 52% under O2/CO2. NOx and N2O emissions were the lowest of all combustion experiments at high inlet O2% with RFG application (OXY87 + RFG). Under all tested atmospheres, NOx emissions were increasing with increasing excess oxygen in the primary oxidizer. N2O enhanced with excess oxygen, accounted for the homogenous gas-phase reaction of volatile-N and the heterogenous reaction of char-N. NOx emissions at low operating TDB were decreasing with increasing bed temperatures and increased at higher TDB > 770 °C in air combustion and TDB > 850 °C in OXY30. N2O emissions were slightly decreased at higher bed temperatures under air and O2/CO2 modes. Combustion efficiency enhanced at higher inlet O2% resulting in lower CO concentrations with reduced fuel burnout, and increased NOx and N2O emissions.Overall, NOx and N2O formations were more affected by the condition of operating parameters under both air and oxyfuel combustion experiments, and the obtained results are giving confidence that oxyfuel technology does not influence the release of nitrogen emissions from oil shale combustion. To lower the cost of CO2 impurities removal, the optimal operating conditions during oil shale CFB combustion can be confirmed after considering the discussed parameters. However, further CO2 purification resulting from oil shale oxyfuel flue gas stream is possibly required.