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 B2moiston Apr 09, 2018 11:32am

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Post# 27852928

RE:Pemex and GHU

Once again, while these types of press releases seem fantastic or heading in the right direction, the investors in GNO have been bitten 10 times with the hopes and dreams that are expected to ensure.

Believe me, I sure hope this is actually going to be executed, but until there are any real results and GNO receives any kind of commitment $$$ to back up these contracts/LOI's . . . . nobody is going to jump in again.

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