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Genoil Inc GNOLF

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

Bullboard Posts
Post by peterap2001on May 09, 2013 2:10pm
137 Views
Post# 21358451

new board member

new board member

https://www.marketwire.com/press-release/genoil-appoints-slobodan-puhalac-its-advisory-board-he-has-agreed-stand-election-board-otcbb-gnolf-1789008.htm

 

Genoil Appoints Slobodan Puhalac to Its Advisory Board and He Has Agreed to Stand for Election to the Board of Directors

 

 

CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Genoil (TSX VENTURE:GNO) (OTCBB:GNOLF) announces that Mr. Slobodan Puhalac will be joining Genoil's Advisory Board immediately. Mr. Puhalac has served as Minister of Energy, Economy, Development, Foreign Trade and Economic Relations in Bosnia. Mr. Puhalac is currently the director of the Bosnian Company Gas-Res, which is a joint venture with Gazprom, one of the largest global energy companies in the world. Gas-Res was established by the Republika Srpska Government in Bosnia for gas projects. The company will be overseeing the South Stream Pipeline in the Republic of Srpska which connects Russia to Europe. Mr. Puhalac's current position and industry experience makes him an important energy player in Russia and the Balkans. He will be a valuable addition to Genoil's Advisory Board both for his connections and strategic advice.

"I am joining the board of Genoil because I have great confidence in Genoil's upgrading technology and the global market opportunity it presents," Said Slobodan Puhalac.

Bullboard Posts