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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Post by UpPeriscopeon Oct 25, 2022 8:16am

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Post# 35045992

The perfect storm that Genoil (per Davey of course)

was built for.

.0002 and newsless with a market cap about that of a nicely furnished Lucid Air.

"The world is "truly in the middle of the first global energy crisis," according to Fatih Birol, head of the International Energy Agency. The dire warning comes as LNG markets tighten due to Russia's war in Ukraine, as well as OPEC's recent decision to cut supply by 2M barrels per day (or about 2% of global supply). "It is especially risky as several economies around the world are on the brink of a recession."

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