Genoil Inc (GNOLF) 0.0579 $GNOLF
Consortium of Genoil & Beijing Petrochemical Receives US$5 Billion Dollar Bank Letter of Intent for Upgrading Project.
Marketwired - Fri Apr 15, 6:10AM CDT
Genoil (OTCBB: GNOLF) & Beijing Petrochemical Engineering Co Ltd (BPEC), a division of Shaanxi Yanchang Petroleum Group Company, are pleased to announce that they have received a $ 5 billion dollar (USD) letter of intent for an initial 500,000 barrel per day (bpd) upgrading project, to be situated in the Middle East. The letter of intent from one of the largest banks in China is to cover the initial project cost, and will be presented to a major party in the Middle East. For this project, the goal of the consortium is to develop 3.5 million bpd of upgrading capacity at a total estimated cost of $ 35-50 billion. Financing will be subject to a number of conditions and approval of the contract terms by all parties.
Genoil Completes a Non Brokered Private Placement
Marketwired - Mon Apr 11, 2:47AM CDT
Genoil Inc. (OTCBB: GNOLF) - The company closed its private placement on Friday December 11, 2015, raising gross proceeds of $322,730 totaling 6,454,600 shares at a price of $ 0.05 per unit. Each unit is comprised of one common share of the company and one transferrable common share purchase warrant (a warrant). Each warrant will entitle the holder to purchase one additional common share of the company at an exercise price of $ 0.05 per share for a period of five years from the date the Warrants were issued.
Genoil Inc. Appoints Marine Energy and Environment Consultancy BLUE to Support Growth in Shipping Industry
Marketwired - Wed Mar 23, 5:00AM CDT
Genoil Inc. (OTCBB: GNOLF), the publicly traded clean technology engineering company for the petroleum industries, today announced the appointment of BLUE Communications Ltd, a leading communications and business consultancy specializing in the marine, energy and environment sectors.
Genoil Inc. Provides Upgrading Developments & Signs Strategic Alliance to Market the Crystal Industrial Land Units With Xi'an Beigeng Energy Technology Co., Ltd
PR Newswire - Mon Jan 25, 6:45AM CST
(OTC:GNOLF)
Hebei Zhongjie Petrochemical Group Co. Ltd. & Genoil Sign Comprehensive Contract To Build One of The World's Most Advanced Residue Upgrading Refineries With Significantly Increased Profitability
CNW Group - Tue Jan 19, 6:45AM CST
Hebei Zhongjie and Genoil Inc. of Canada have signed a contract and plan to establish a new company called Dora Energy Technology Company this month for the construction of one of the world's most advanced heavy oil refineries. This project will utilize the Genoil GHU Technology. Hebei Zhongjie Petrochemical has already invested 25,000,000 RMB's to date and we are very excited about this project. The parties have completed a new feasibility study and technological selection required for the new refinery project. A well-known private Chinese engineering firm has been selected for the engineering and they calculate the project will generate a 32% rate of return on equity and will have a payoff of 7 years. The feasibility study encompasses all economic calculations including the capital costs, the operating costs and necessary factors as part of the package required by our Chinese lending source.
GNO.VN: ()
Genoil and Beijing Petrochemical Engineering Company, A Subsidiary of Shaanxi Yanchang Petroleum Group Corp. Ltd., Sign Alliance Agreement to Be Genoil's EPC Partner Agreeing to Jointly Sell and Market The GHU Worldwide
PR Newswire - Mon Jan 11, 6:45AM CST
Genoil (GNOLF) & Beijing Petrochemical Engineering Company (BPEC), an engineering division of Shaanxi Yanchang Petroleum Group Corp Ltd. one of the four largest petroleum companies in China and a Fortune 500 Company with over $43 billion dollars in assets, and over $25 billion dollars a year in revenues, are pleased to announce they have signed a general alliance agreement for Genoil GHU projects, to provide EPC services and to develop sales and marketing for Genoil's GHU technology around the world. As part of the agreement, BPEC will be Genoil's EPC contractor, and will offer clients an EPC project and process guarantee for projects based on the Genoil GHU Technology.
GNO.VN: ()
Genoil Completes 2013 & 2014 Audited Financials & Three 2015 Quarterly's, Raises $622,000 USD in a Non Brokered Private Placement, and Is Moving Forward on Its Residue Upgrading Refinery in China
Marketwired - Mon Dec 14, 5:01AM CST
Genoil (OTCBB: GNOLF) announces that it has recently completed its 2013 and 2014 audited financial statements and completed the first three quarters of 2015. During the period the company cut its annual administrative expenses from CAD $ 2,259,499 in 2012 to CAD $ 262,495 in 2014. This reflects an 88% reduction over the period.
Genoil Provides an Update on Upgrading Projects
Marketwire Canada - Wed Mar 25, 8:42AM CDT
The Genoil ("Genoil" or the "Corporation"
(OTCBB:GNOLF) executives including a technical engineering team have scheduled an imminent trip to China to hold meetings with HYT, China National Petroleum Corporation (CNPC) and their affiliates. Genoil will be meeting with the officers of both companies, who visited the Genoil GHU in Two Hills Alberta in 2008. This visit took place during the testing for the HYT projects feasibility study. The purpose of the our upcoming trip will be to work on the financing for the new Genoil / HYT refinery and to line up long term contracts on input feedstocks and output products. The construction of a Genoil GHU in combination with our new refinery will be the first major commercial and most advanced heavy oil upgrader in China. This will be the newest and most advanced refinery in the world.
Genoil Signs an Agreement with Munich Capital Partners to Finance Genoil GHU Projects Around the World
Marketwired - Tue Feb 03, 7:16AM CST
Genoil (OTCBB: GNOLF) & MCP Munich Capital Partners GMBH ("MCP" have entered into an agreement where MCP is mandated to provide financial structuring and advisory services to Genoil oil upgrading projects and enable equity and debt financing for the planned GHU facilities. MCP's who has vast experience in the energy sector will provide financial and procedural structuring for funding Genoil's projects and to introduce Genoil to their extensive contacts of institutional and private investors around the world.
Genoil Inc. and Hebei Zhongjie Petrochemical Sign a New 700 Million Dollar Contract for the Operation and Construction of a Heavy Oil Refinery Utilizing the GHU Technology
Marketwired - Mon Feb 02, 5:01AM CST
Genoil (OTCBB: GNOLF) is pleased to announce it has signed a more comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd. ("HYT" for the establishment of a limited liability company, including a Genoil technology license agreement and trademark licenses. This contract establishes the structure of the new joint venture corporation which will be located in the Zhongie Industrial Park in the Hebei Province of the People's Republic of China.
Genoil Signs MOU to Develop 180,000 to 240,000 Barrels Per Day of Genoil Upgrading Capacity in Iraq
Marketwire Canada - Thu Jan 29, 6:30AM CST
Genoil Inc. (OTCBB:GNOLF) signed a Memorandum Of Understanding with the ALIS National Petroleum Investment LTD to develop six Genoil GHU Upgraders, each with a capacity between 30,000 - 40,000 barrels of oil per day to be built at different locations in Iraq.
Chinese National Offshore Oil Company Ltd. Division Signs Contract With Genoil to Build a $700 Million Refinery
Marketwired - Tue Oct 28, 6:25AM CDT
Genoil Inc. (OTCBB: GNOLF). Hebei Zhongjie Petrochemical Company Ltd., which operates as a subsidiary of CNOOC, signed a contract for a one million two hundred thousand tons per year refinery, utilizing the Genoil Upgrading Process. The Refinery will produce finished products for sale in the local Chinese market.
CEO: 121.07 (-2.28)
Consortium of Genoil & Beijing Petrochemical Receives US$5 Billion Dollar Bank Letter of Intent for Upgrading Project.
Marketwired - Fri Apr 15, 6:10AM CDT
Genoil (OTCBB: GNOLF) & Beijing Petrochemical Engineering Co Ltd (BPEC), a division of Shaanxi Yanchang Petroleum Group Company, are pleased to announce that they have received a $ 5 billion dollar (USD) letter of intent for an initial 500,000 barrel per day (bpd) upgrading project, to be situated in the Middle East. The letter of intent from one of the largest banks in China is to cover the initial project cost, and will be presented to a major party in the Middle East. For this project, the goal of the consortium is to develop 3.5 million bpd of upgrading capacity at a total estimated cost of $ 35-50 billion. Financing will be subject to a number of conditions and approval of the contract terms by all parties.
Genoil Completes a Non Brokered Private Placement
Marketwired - Mon Apr 11, 2:47AM CDT
Genoil Inc. (OTCBB: GNOLF) - The company closed its private placement on Friday December 11, 2015, raising gross proceeds of $322,730 totaling 6,454,600 shares at a price of $ 0.05 per unit. Each unit is comprised of one common share of the company and one transferrable common share purchase warrant (a warrant). Each warrant will entitle the holder to purchase one additional common share of the company at an exercise price of $ 0.05 per share for a period of five years from the date the Warrants were issued.
Genoil Inc. Appoints Marine Energy and Environment Consultancy BLUE to Support Growth in Shipping Industry
Marketwired - Wed Mar 23, 5:00AM CDT
Genoil Inc. (OTCBB: GNOLF), the publicly traded clean technology engineering company for the petroleum industries, today announced the appointment of BLUE Communications Ltd, a leading communications and business consultancy specializing in the marine, energy and environment sectors.
Genoil Inc. Provides Upgrading Developments & Signs Strategic Alliance to Market the Crystal Industrial Land Units With Xi'an Beigeng Energy Technology Co., Ltd
PR Newswire - Mon Jan 25, 6:45AM CST
(OTC:GNOLF)
Hebei Zhongjie Petrochemical Group Co. Ltd. & Genoil Sign Comprehensive Contract To Build One of The World's Most Advanced Residue Upgrading Refineries With Significantly Increased Profitability
CNW Group - Tue Jan 19, 6:45AM CST
Hebei Zhongjie and Genoil Inc. of Canada have signed a contract and plan to establish a new company called Dora Energy Technology Company this month for the construction of one of the world's most advanced heavy oil refineries. This project will utilize the Genoil GHU Technology. Hebei Zhongjie Petrochemical has already invested 25,000,000 RMB's to date and we are very excited about this project. The parties have completed a new feasibility study and technological selection required for the new refinery project. A well-known private Chinese engineering firm has been selected for the engineering and they calculate the project will generate a 32% rate of return on equity and will have a payoff of 7 years. The feasibility study encompasses all economic calculations including the capital costs, the operating costs and necessary factors as part of the package required by our Chinese lending source.
GNO.VN: ()
Genoil and Beijing Petrochemical Engineering Company, A Subsidiary of Shaanxi Yanchang Petroleum Group Corp. Ltd., Sign Alliance Agreement to Be Genoil's EPC Partner Agreeing to Jointly Sell and Market The GHU Worldwide
PR Newswire - Mon Jan 11, 6:45AM CST
Genoil (GNOLF) & Beijing Petrochemical Engineering Company (BPEC), an engineering division of Shaanxi Yanchang Petroleum Group Corp Ltd. one of the four largest petroleum companies in China and a Fortune 500 Company with over $43 billion dollars in assets, and over $25 billion dollars a year in revenues, are pleased to announce they have signed a general alliance agreement for Genoil GHU projects, to provide EPC services and to develop sales and marketing for Genoil's GHU technology around the world. As part of the agreement, BPEC will be Genoil's EPC contractor, and will offer clients an EPC project and process guarantee for projects based on the Genoil GHU Technology.
GNO.VN: ()
Genoil Completes 2013 & 2014 Audited Financials & Three 2015 Quarterly's, Raises $622,000 USD in a Non Brokered Private Placement, and Is Moving Forward on Its Residue Upgrading Refinery in China
Marketwired - Mon Dec 14, 5:01AM CST
Genoil (OTCBB: GNOLF) announces that it has recently completed its 2013 and 2014 audited financial statements and completed the first three quarters of 2015. During the period the company cut its annual administrative expenses from CAD $ 2,259,499 in 2012 to CAD $ 262,495 in 2014. This reflects an 88% reduction over the period.
Genoil Provides an Update on Upgrading Projects
Marketwire Canada - Wed Mar 25, 8:42AM CDT
The Genoil ("Genoil" or the "Corporation"
(OTCBB:GNOLF) executives including a technical engineering team have scheduled an imminent trip to China to hold meetings with HYT, China National Petroleum Corporation (CNPC) and their affiliates. Genoil will be meeting with the officers of both companies, who visited the Genoil GHU in Two Hills Alberta in 2008. This visit took place during the testing for the HYT projects feasibility study. The purpose of the our upcoming trip will be to work on the financing for the new Genoil / HYT refinery and to line up long term contracts on input feedstocks and output products. The construction of a Genoil GHU in combination with our new refinery will be the first major commercial and most advanced heavy oil upgrader in China. This will be the newest and most advanced refinery in the world. Genoil Signs an Agreement with Munich Capital Partners to Finance Genoil GHU Projects Around the World
Marketwired - Tue Feb 03, 7:16AM CST
Genoil (OTCBB: GNOLF) & MCP Munich Capital Partners GMBH ("MCP"
have entered into an agreement where MCP is mandated to provide financial structuring and advisory services to Genoil oil upgrading projects and enable equity and debt financing for the planned GHU facilities. MCP's who has vast experience in the energy sector will provide financial and procedural structuring for funding Genoil's projects and to introduce Genoil to their extensive contacts of institutional and private investors around the world. Genoil Inc. and Hebei Zhongjie Petrochemical Sign a New 700 Million Dollar Contract for the Operation and Construction of a Heavy Oil Refinery Utilizing the GHU Technology
Marketwired - Mon Feb 02, 5:01AM CST
Genoil (OTCBB: GNOLF) is pleased to announce it has signed a more comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd. ("HYT"
for the establishment of a limited liability company, including a Genoil technology license agreement and trademark licenses. This contract establishes the structure of the new joint venture corporation which will be located in the Zhongie Industrial Park in the Hebei Province of the People's Republic of China. Genoil Signs MOU to Develop 180,000 to 240,000 Barrels Per Day of Genoil Upgrading Capacity in Iraq
Marketwire Canada - Thu Jan 29, 6:30AM CST
Genoil Inc. (OTCBB:GNOLF) signed a Memorandum Of Understanding with the ALIS National Petroleum Investment LTD to develop six Genoil GHU Upgraders, each with a capacity between 30,000 - 40,000 barrels of oil per day to be built at different locations in Iraq.
Chinese National Offshore Oil Company Ltd. Division Signs Contract With Genoil to Build a $700 Million Refinery
Marketwired - Tue Oct 28, 6:25AM CDT
Genoil Inc. (OTCBB: GNOLF). Hebei Zhongjie Petrochemical Company Ltd., which operates as a subsidiary of CNOOC, signed a contract for a one million two hundred thousand tons per year refinery, utilizing the Genoil Upgrading Process. The Refinery will produce finished products for sale in the local Chinese market.
CEO: 121.07 (-2.28)
