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 3:08am

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Post# 25975220

RE:RE:RE:One Pager

hernandez15 wrote: Nothing but LOI & MOU. These cost nothing but a glass of whiskey or champagne; Bruce updates the website and gooooo. Big refiners started producing the low sulfur bunker long time ago and their there is no room for the guys who run buisness from their hiding hole.

You are right ... talk is cheap. When billions of dollars, not just millions, are at stake then it is better to take lots of time to make sure it will succeed. Shell makes Ultra-low Sulphur Fuel Oil (0.1%) but can they get it down to 0.05%? Even if they could, I suspect the Genoil process would have the cost advantage.

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