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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Comment by UpPeriscopeon Mar 18, 2022 5:15pm

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Post# 34526781

RE:Libra and Stockstarker

0.005 CENTS when oil price forecasts are all over the board $200, do I hear $300? And Daveyboy is where again? What'll be the excuse this cycle? Oil prices were 'too low' at one point.
Side note stealth: on the Stocks App I use-Davey has finally one article attached under GNOLF: the Saudi project release of October 27/21.
"

RIYADH, SAUDI ARABIA / ACCESSWIRE / October 27, 2021 / Genoil Inc (OTC PINK:GNOLF) signed an agreement with the nephew of King Salman to develop a greenfield Genoil Upgrader with a capacity of 600,000 barrels per day in the Kingdom of Saudi Arabia. This complex will be one of the largest refining or upgrading complexes in the world on the scale of Aramco's Ras Tanura refinery, the largest in the Middle East or Exxon's Singapore Refinery. Genoil estimates the project to cost approximately $5 billion USD, the project will exclusively be utilizing Genoil's Upgrading Technology "GHU" Process."

blah, blah, blah...
ALWAYS a superlative to throw in. What a laughing stock-barely trading at half a cent but of course Genoil's project is right up there vieing with Aramco and Exxon.