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.

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Genoil Inc

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Comment by notforprofiton Mar 14, 2017 2:48am

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Post# 25975208

RE:RE:One Pager

Ed2424 wrote: Genoil isn't really planning "to build upgraders for in excess of 16 million tons / year (320,000 bpd) of High Sulfur Fuel Oil (HSFO)" THEY meant LSFO didn't they?

Upgrading of HSFO is where the demand will be. I suspect that it would be more costly to upgrade LSFO to bring it down to 0.05% because of the extra processing required to make LSFO.

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