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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
Comment by peterap2001on Oct 04, 2017 12:09pm
186 Views
Post# 26775612

RE:RE:Cat Fines

RE:RE:Cat Fineshttps://genoil.ca/genoil-in-advanced-discussions-with-physical-suppliers-shipowners/

Currently, the vast majority are expected to switch to burning compliant – and more expensive – MGO product, while some 10 to 20 percent are expected to install scrubbers so they can continue to burn otherwise noncompliant HFO.

There has been both promise and expectation that various blends and compliant “hybrid” fuels will also be available. However, one issue with these types of fuels, as seen with the current generation of emissions control area (ECA) compliant hybrid fuels, are the question marks raised over their commingling characteristics and other handling qualities.

“ Fuel desulphurised by the GHU will have all the same qualities as the HFO the industry is already familiar with, just with the sulphur removed, providing one fuel standard worldwide” – Bruce Abbott, Chief Operating Officer, Genoil

This has been widely seen as a significant hurdle to their more widespread adoption, and so the success of any such 2020 complaint products could suffer a similar fate.

There has also been increasing talk of various desulfurization technologies becoming available that are able to create cost effective, complaint bunkers without the compatibility issues associated with the so-called hybrids and boutique blends.

Indeed, Genoil says one of the key benefits of its technology is that it only removes sulfur,
and in doing so removes all doubts in relation to technical make-up and compatibility with ships’ engines.

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