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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 Sep 05, 2017 12:52pm
206 Views
Post# 26657069

Alternative Energy Stock Review

Alternative Energy Stock Review
https://genoil.ca/alternative-energy-stock-review/

Alternative and Green Energy Stocks

Enormous Potential from World Class Team of Experts.

It’s not often you come across of team of experts as impressive as the one assembled at GenOil Inc., (GNOLF) an Oiltech start-up with an intensely promising clean oil technology. GenOil is lead by successful entrepreneur David K Lifschultz, who manages a well respected Family Office and counts President Donald Trump (see press reports) and Blackstone’s Stephen Schwarzman as close associates and/or business partners.

Genoil has put this team of experts together to monetize a technological solution, which reduces sulfur in dirty oil (HSFO – or high sulfur fuel oil) into cleaner LSFO – or low sulfur fuel oil. A lot of money (billions in fact) can be made from converting low-cost dirty oil into ‘acceptably-cleaner’ higher value fuel oil.

In addition (stroke of good fortune), the International Maritime Organization (an agency of the United Nations) has mandated that the worldwide shipping industry in just 2 ½ years – must reduce sulfur, to diminish acid rain and other health problems – which could possibly crush the entire shipping industry, as it is addicted to low-cost high sulfur oil despite all of the pollution its use creates.
So in sum, clean oil, now must be used. The days of dirty shipping oil, are soon to be phased out.

Bullboard Posts