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Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services
Genoil Inc. is technology-based company engaged in the development of technologies relating to the oil and gas industry. The Company specializes in heavy-to-light oil technology, oil field development and exploration and production. It is a provider of hydro conversion fixed-bed technology for the upstream and downstream oil and gas industry. It is also working with Chinese policy banks and Chinese companies to provide, project financing, drilling, production, and processing services to the oil and gas industry. Its technology consists of Genoil Hydroconversion Upgrader (GHU), which converts sour (high sulfur), heavy hydrocarbon feed stocks into lighter oil with higher quality distillates for conventional refining. The Company is also engaged in other technologies, such as oil upgrading and recycling, water purification port technologies, well testing, and sand cleaning. The Company markets its technology to customers in the Middle East, Russia and China.


OTCPK:GNOLF - Post by User

Genoil Inc
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Comment by peterap2001on May 06, 2011 11:00am
478 Views
Post# 18540050

RE: Something Interesting

RE: Something Interesting

Also looks like IPIC is involved in a good size refinery in the Emirates. Stone and Webster was awarded the FEED on it in April, and it will meet it's own power requirements. Just interesting...

"The Project Management Consultancy (PMC) contract for the front end engineering and design phase of the Fujairah Refinery has been awarded to Shaw Stone & Webster in April 2011. The project is currently in its pre-front end engineering and design phase (Pre-FEED), with project completion anticipated to occur by mid 2016.IPIC is giving this project high priority and importance. So that the refinery will have the capability to meet its own power requirements, In addition power will be provided to the grid of the Northern Emirates. "


Full Article on their website: https://www.ipic.ae/en/media/description.aspx?News_ID=461&MenuID=6&CatID=10&mnu=Cat

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