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Genoil News

06 Sep 2017

Genoil Signs Tri-Partite Scientific Pact on Low Sulphur Fuel Oil

Clean technology engineering company for the petroleum industry Genoil Inc has signed a tri-partite science, research and technical cooperation agreement with two leading Russian institutions. Genoil has joined forces with the UFA Scientific Research Institute of Petroleum Refining and Petrochemistry, located in Bashkortostan, Russia, and the OJS VNIIUS Institute, located in Tatarstan, Russia to establish a world class partnership. The scope of the agreement is to research, develop and market cutting-edge technologies and patents both in the Americas and globally. The partnership will focus on the petrochemistry, petroleum refining and gas chemistry industries where, through joint co-operation and a wide base of expertise, the parties саn add significant value to client proposals.

09 Apr 2014

OW Bunker, Genoil Partner for Low Sulphur Fuel Oil

OW Bunker, a physical distributors and resellers of marine fuels, today announced that it has signed a Memorandum of Understanding (MOU) with Genoil, the global engineering technology development company. The relationship has been established to build a facility that can produce 0.1% low sulphur fuel oil, and provide ship owners and operators with the opportunity to buy a cheaper product than distillates that still meets ECA compliance regulations. As part of the agreement, Genoil will finance the building of a Hydroconversion Upgrading System (GHU) within Europe. The facility is primarily designed for hydro cracking and the desulphurization of fuel oils.

03 Mar 2009

Genoil MOU with Tianjin Port

Genoil Inc. (TSX.V: GNO) (OTCBB: GNOLF.OB) has signed a memorandum of understanding with Tianjin Port, one of China’s major shipping harbors. The MOU with Tianjin Port is for the introduction and implementation of Genoil’s oil-water separation system to treat and clean bilge water of oil, contaminants, chemicals and pathogens. This is the second Chinese port to sign an agreement with Genoil to use its oil-water separation technology. Tianjin Port is located 170 km south east of Beijing and east of Tianjin city – China’s third largest city. During 2007, Tianjin Port was the fourth largest port in China and sixth largest in the world with over 300 million tons of annual throughput.

06 Dec 2007

Genoil, Aquamation Commence Work

Genoil Inc. and Aquamation, Inc. announced that Genoil has commenced work on Aquamation’s Geregu and Abeokuta Gas Metering Plants in Nigeria. Both projects are underway for the Nigerian Gas Company (a wholly owned subsidiary of Nigerian National Petroleum Company) and on behalf of Zakhem Construction - Nigeria. Aquamation and Genoil will perform these projects under the previously announced Joint Operating Agreement between the companies.

30 Nov 2007

Genoil and Aquamation Form Alliance

Genoil Inc. announced that they have executed a Joint Operating Agreement with Aquamation Inc., to collaborate in industrial water treatment projects & process plant projects for clients in the oil and gas and petrochemical industries. Under the Joint Operating Agreement, Genoil and Aquamation will jointly market and further develop and integrate their oil and water separation technologies. Additionally, Genoil and Aquamation will share revenues and profits for these projects.