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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

Comment by UpPeriscopeon Sep 23, 2019 5:25pm
123 Views
Post# 30156498

RE:RE:RE:RE:Genoil to the rescue-as offered in jest.

RE:RE:RE:RE:Genoil to the rescue-as offered in jest.Davey-it seems you've a well-established practice of identifying opportunities to showcase your incompetence in ever consummating deals that you invariably blow. Why bother? Total volume since Davey's posted his White Knight specter: 51,500.

I trust you didn't discard the well-worn sandwich board since you posted (as Nichy several months ago) that  your European contacts were to buy Genoil shares by the tens (or was is hundreds?) of millions.

9/17/19
"Nevertheless, these drone attacks can awaken interest in Genoil in the financial markets as a solution to the potential Straits of Hormuz Crisis..."

Saudi oil attack: Where are we a week on and what happens next?
 
Repairs and Restoration
Saudi Arabia initially expected to re-start most lost oil output within days of the attack, but that early optimism was tempered after evaluation of the damage. Energy Minister Prince Abdulaziz bin Salman and Saudi Aramco CEO Amin Nasser still painted a positive picture of the kingdom’s ability to restore oil production and exports after the attack at a briefing on September 17. Here’s a summary of the key takeaways from the briefing:

  •  
  • Exports Continue, Saudi Arabia Seeks Fuel
The attack could affect flows of both crude oil and refined products, as Saudi Arabia cuts deliveries to its own processing plants in order to maintain exports. It will also shift the balance of Saudi crude supply toward its heavier grades from offshore fields at the expense of the lighter supplies mostly produced onshore and processed at Abqaiq.

Saudi Aramco “will be able to meet all its commitments to customers this month by drawing on its crude oil reserves,” the energy minister said ...

Full Article:
https://economictimes.indiatimes.com/markets/commodities/views/saudi-oil-attack-where-are-we-a-week-on-and-what-happens-next/articleshow/71241719.cms


 
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