USA (212) 688-8868 sales@genoil.net

Genoil Inc.

Genoil recently signed a $50 billion LOI to develop energy projects in Russia and Chechnya. The LOI has been signed by the President of the Board of Directors of Grozneft, who was employed in the administrative department of the Russian Federation. We also recently furnished a Middle Eastern client with a $5 billion LOI from a leading Chinese bank who is much larger than The World Bank Group to fund the development of 3.5 million barrels per day of new oil production. Genoil intends to lead these projects and has secured these two significant LOI’s in the span of seven months. Genoil will implement our advanced hydroconversion fixed bed technology in both of these projects. Through strategic Chinese backing from partners like Beijing Petrochemical who have many years of operational experience, Genoil is also able to provide a full range of oil field services to clients from exploration through production, hydrocarbon recovery, and environmental services. By providing structured comprehensive complete solutions including the capability to arrange long term off-take agreements, Genoil can provide clients with more competitive business models than any other company, especially because of Genoil’s much lower overhead, and the importance of relationships and financing in today’s extremely challenging market environment. There are 900 billion barrels of sour, medium, and heavy or high carbon content oil reserves which pose dangerous environmental hazards due to their high levels of impurities. Upgrading and removing the impurities from these crude streams is world`s greatest environmental challenge and potential market opportunity estimated at over $45 trillion.

Investor Presentation

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Crystal Oily Water Separator

Manufactured by DongHwa Entec

 

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Genoil 147 Acre Test & Technology Centre

Latest Photos of our new technology centre

 

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Media & News

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Our latest news

 

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GHU Hydroconversion Upgrader (GHU), achieves the best hydrodesulfurization (HDS), hydrodemetalization (HDM), hydrodegnitrogenation (HDN) performance of any fixed bed reactor technology in the world. Our process can desulfurize residue and heavier crude by over 95% which was demonstrated during long pilot plant test runs for Conoco Canada Ltd’s engineers present at their bitumen oil fields in Kerrobert, Saskatchewan. Pilot tests were also conducted at our 147 acre test site in Two Hills, Alberta for Lukoil and other noteworthy clients.   With an extremely low OPEX of 75% less than the competition, the GHU can capture enormous profits for producers and unparalleled savings for consumers. Our patented process vastly improves the efficiency & performance of the fixed bed reactor – achieving a much greater desulfurization rate of (95+%), demetalization (98%), denitrogenation (53%) and a 92% pitch conversion rate over standard fixed bed hydrotreating and hydroconversion processes. The GHU can convert the 524 plus fraction by over 80% at the mild conditions of 745 F and 1600 psig and can reduce the acid number from 3.05 to .11.

Low Sulfur Fuel Oil – 0.1% and 0.5 % IMO LSFO : Genoil can supply ultra low cost consistent quality ISO 8217:2010 compliant 0.1% & 0.5% LSFO worldwide to the shipping industry. Our goal is to meet worldwide demand and provide shipping companies with one standard product globally, that they are already familiar with. Our process is, environmentally friendly and is improves the latest fixed bed reactor technology. Since 1897, a variety of different hydro-processing technologies have been developed to enable refiners to meet the continuous tightening sulfur specifications imposed upon the industry. Genoil HDS achieves the best results in the world at a greatly reduced cost.

Crystal Separation Technology : Crystal Separators exceed regulations by utilizing a filter-less operation, separating oil from water to below 2ppm! This design can be run continuously for years requiring NO down time and has the lowest cost of ownership on the market. Crystal is certified by the US Coast Guard and the American Bureau of Shipping. With no internal moving Crystal is designed to run 24 hours a day in the harshest environments. With an ultra-compact footprint Crystal is extremely customizable and can be utilized in a wide range of maritime and non maritime based applications.   Request a quote

Genoil Latest News

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Genoil Hosts Annual Meeting In Calgary – Corporation Moving To Curacao

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RT Business – Canadian Oil Company To Invest $ 50bn in Russian Projects

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Grundsatzvereinbarung über 50 Milliarden: Genoil baut Raffinerien für Russland

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TRUMP RUŠI SANKCIJE ZAPADA PREMA MOSKVI: Kanadska kompanija ulaže u Rusiju 50 milijardi dolara!

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Oil & Gas 360 – Genoil Signs Letter of Intent for $50 Billion of Work in Russia and Chechnya

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Islamic News Agency Of Russia – Western companies to invest billions in Chechnya , Западная компания вложит миллиарды в Чечню

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Партнера Дональда Трампа (Donald Trump) заинтересовала чеченская нефть

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Ship & Bunker Magazine – Genoil Announces $50 Billion LOI for Desulfurised Fuel Project in Russia

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Oil & Gas Journal – Chechnya due 6 million-tpy refinery

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Vedemosti – Канадская Genoil объявила о гигантских планах в Чечне

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Канадский нефтедобытчик вложит 15 миллиардов долларов в Чечню

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Канадская Genoil вложит 15 миллиардов долларов в Чечню

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Канадцы вложат в Чечню 15 миллиардов долларов

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Hydrocarbon Processing Magazine – Genoil signs $50-B letter of intent to develop integrated oil project in Russia

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Авантюрный сценарий: Китай идет в Чечню через Канаду

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В Чеченский нефтепром придут канадские инвесторы

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В Чечне рассчитывают вернуть позиции крупного нефтедобытчика

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Нефтедобытчик из Канады вложит в Чечню 15 миллиардов долларов

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Аналитик оценил инвестиции Genoil и “Грознефти” в проекты в России

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Your Oil & Gas News | Genoil signs US$50 billion LOI to develop and construct upgrading and energy projects in Russia and Chechnya

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О чём будут говорить сегодня: дочь Тимченко в СОГАЗе, $15 млрд в нефть в Чечне, etc.

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First Business News – Canadian oil company to invest $50bn in Russian projects

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Hydrocarbon Engineering Magazine – Genoil signs US$50 billion Letter of Intent

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Canadian Genoil eyes $50 bn oil projects in Russia November 11, 2016 | By Annie Tsoneva, EMIS Editor

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Operazione da 50 miliardi Cecenia, una società petrolifera canadese investe 15 miliardi di dollari. Ma i soldi non sono suoi

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Bunkerspot – Genoil Signs $50 Billion Russian LOI

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Headline News – CANADIAN OIL COMPANY TO INVEST $50BN IN RUSSIAN PROJECTS

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Bunker Index – Genoil signs $50bn letter of intent to produce 3.5m barrels of desulphurized fuels a day

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Energy Business Review – Genoil Signs $50bn oil field development and production projects in Russia

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Energy Voice Magazine – Market info – Genoil signs $50bn letter of intent for work in Russia

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Genoil signs US$50 billion Letter of Intent to Develop and Construct Upgrading and Energy Projects in Russia and Chechnya

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Prestigious Panel Awards Genoil the Fathom Ship Efficiency ‘One to Watch’ award 2016

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Sea Technology Magazine

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Genoil To Have Shareholders Meeting – Nov 14 In Calgary

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Ship & Bunker – Refiners Said to Have “Little Interest” in Fixing Residual Fuel Problem Posed by 0.5% Global Sulfur Cap

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Hellenic Shipping News – What do we need to meet tomorrow’s marine fuel Challenges

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Setting the Pace

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Management’s Discussion and Analysis

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BUNKERSPOT : Consortium Secures $5 Billion LOI For Desulfurization Programme

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Ship & Bunker World News

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Consortium of Genoil & Beijing Petrochemical Receives US$5 Billion Dollar Bank Letter of Intent for Upgrading Project.

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Genoil 2015 – 6 K Filing

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Management Discussion and Analysis

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Genoil Inc. appoints marine energy and environment consultancy BLUE to support growth in shipping industry

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Former Miller Coors Chief Integration Officer Joins Genoil

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Genoil Inc. Provides Upgrading Developments & Signs Strategic Alliance to Market the Crystal Industrial Land Units With Xi’an Beigeng Energy Technology Co., Ltd

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Genoil Inc. Provides Upgrading Developments & Signs Strategic Alliance to Market the Crystal Industrial Land Units With Xi’an Beigeng Energy Technology Co., Ltd

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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

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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

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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

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Management’s Discussion and Analysis – December 31, 2014

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Genoil Management Discussion & Analysis

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Genoil Provides an Update on Upgrading Projects

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JT&N represented Genoil Inc. in its comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd.

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Genoil Signs an Agreement with Munich Capital Partners to Finance Genoil GHU Projects Around the World

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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

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Leading Intellectual Property Strategist Joins Genoil’s Advisory Board

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JR Owens Joins Genoil USA as Vice President & Chief Operating Officer

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Former Board of Director Joseph Fatony Returns To Genoil

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Chinese National Offshore Oil Company Ltd. Division Signs Contract With Genoil

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Leslie Vanderpool Joins Genoil’s Board of Advisors

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Bengt Koch Joins Genoil’s Advisory Board

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HYT Extends Agreement to Build a Genoil Upgrader in China

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Slavko Scepanovic joins Genoil Inc. as Senior Vice President of Engineering and Projects

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Genoil and OW Bunker in Partnership for Low Sulphur Fuel Oil

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Candice Beaumont – Honored By World Economic Forum

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Crystal Sea Redesign

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Genoil Announces Management & Board Restructuring

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Bakken update: Over 2012 and 2013, the average IP rate has decreased from 800 to 700 boe/d.

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Genoil Appoints Slobodan Puhalac to the Board of Directors

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Sobodan Puhalac Former Energy Minister To Join Board of Directors

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Shale Gas – More Problems

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BP Energy Outlook 2030 DEEPLY FLAWED

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Quantitative Easing

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German Consolidation of Europe

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Dennis Sears Joins Genoil

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Genoil Emirates Obtains Professional License to Operate in The United Arab Emirates

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Brent Crude is UP!

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NO PEAK OIL -SAUDI OPENING OLD FIELDS

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Have We Beaten Peak Oil????

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Latest Oil Developments

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China Backs Iran

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Two year Old Manchester Guardian Article

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Lunch at The Four Seasons with: David Lifschultz

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Shell chief warns of era of energy volatility

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Genoil Inc. Receives Coast Guard Certification for Its Crystal MU 30 and MU 40 Bilge Separators

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Hunt for top-grade crude sources begins

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Heavy Oil and Oil Sands

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World Oil Markets Face Production Shortfall in Second Half

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Institute for Cuban American Studies University of Miami

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Sulphurous Crude Price Gap Widens

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Espo Crude Blend

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Rising Production of Heavy Crude

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Coming to an end

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Welcome to Genoil’s new blog site!!

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Genoil Inc. Announces Completion of Acquisition of 100% of the Issued and Outsanding Shares of Two Hills Environmental Inc. & Recent Capital Infusion

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Genoil Inc. Installs Larger Crystal Sea Separator on Board VLCC Tanker & Provides Update on Growing Interest in Genoil’s Upgrader

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Genoil Inc. Purchases 147 Acres in Alberta

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Genoil Announces ABS Certification OWS for Crystal Sea and Moving Ahead with License for Abu Dhabi Port and Upgrader Business

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Genoil Is Shipping Second Oil Water Separator And Will Form a New Corporation To Handle Genoil Technologies Within Saudi Arabia

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John Novak Formerly of GM Hughes Electronics Joins Genoil’s Advisory Board

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Genoil Announces Formation of a New Corporation with S.B.K. Holdings and the Opening of Offices In Dubai and Abu Dhabi

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Senior Economist Paul H. Rubin of Emory University to Join Advisory Board

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Genoil is Shipping Crystal Sea Separator and Plans to Open Middle East Office

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Macondo Oil Spill Gives Canadian Entrepreneur Glimpse of Future

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Update on Gulf Of Mexico Spill Response

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Gulf Of Mexico Oil Spill Cleanup Solutions By Genoil Progress Update

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Donghwa Entec Co, Ltd. Enters into Licensing Agreement With Genoil

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Genoil Inc. Provides 2009 Year-End Update

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GENOIL INC. ANNOUNCES MEMORANDUM OF UNDERSTANDING WITH TIANJIN PORT

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GENOIL INC. ANNOUNCES INITIAL CLOSING OF PRIVATE PLACEMENT AND SHARES FOR DEBT TRANSACTION

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GENOIL INC. ANNOUNCES RECEIPT FROM THE USPTO OF ADDITIONAL PATENTERSION UPGRADER FOR ITS HYDROCONV

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GENOIL INC. ANNOUNCES APPOINTMENT OF NEW CFO

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GENOIL INC. ANNOUNCES THIRD AGREEMENT TO PROTECT OCEAN AND COASTAL WATERS IN CHINA

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GENOIL INC. ANNOUNCES CONFERENCE CALL AND LIVE WEBCAST

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GENOIL INC. ANNOUNCES MEMORANDUM OF UNDERSTANDING WITH QINHUANGDAO PORT

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GENOIL INC. ANNOUNCES GRAN OF STOCK OPTIONS

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NEW MEMBER OF GENOIL’S ADVISORY BOARD

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GENOIL INC. AND HAIYITONG INC. SIGN REVISED LETTER OF INTENT FOR HEAVY OIL HYDROCONVERSION PROJECT

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NEW MEMBER JOINS GENOIL’S ADVISORY BOARD

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GENOIL INC. AND OCM TASIMACILIK SIGN A MEMORANDUM OF UNDERSTANDING TO JOINTLY DEVELOP OIL WATER TREATMENT PROJECTS

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GENOIL INC. PROPOSES CANCELLATION OF EXTENDED NOTES

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GENOIL INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

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GENOIL INC. PROVIDES UPDATE ON CANCELLATION OF NOTES AND WARRANTS AND ISSUANCE OF NEW NOTES AND WARRANTS

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GENOIL INC. ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT

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GENOIL INC. ANNOUNCES MEETINGS IN BEIJING

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GENOIL INC. PROVIDES UPDATE

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GENOIL INC. ANNOUNCES CHANGES TO BOARD OF DIRECTORS AND APPROVAL OF GRANT OF STOCK OPTIONS

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GENOIL INC. ANNOUNCES CHANGES IN MANAGEMENT AND PROVIDES UPDATE ON CRYSTAL SEA SEPARATOR STRATEGY

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GENOIL ANNOUNCES CANCELLATION OF ANNUAL MEETING

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GENOIL ANNOUNCES DIRECTOR RESIGNATION

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GENOIL INC. ANNOUNCES TERMINATION OF JOINT OPERATING AGREEMENT WITH AQUAMATION INC.

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GENOIL INC. ANNOUNCES BRIDGE FINANCING

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GENOIL INC. ENTERS INTO AN AMENDED NOTE EXTENSION AND AMENDMENT AGREEMENT

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GENOIL RECEIVES AMERICAN BUREAU OF SHIPPING CERTIFICATION FOR ITS OILY WATER SEPARATOR

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GENOIL INC. ENTERS INTO NOTE EXTENSION AND AMENDMENT AGREEMENT

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UPDATE: GENOIL INC. COMPLETES PURCHASE OF EQUIPMENT FOR COMMERCIAL DEMONSTRATION PLANT AND PROVIDES ESTIMATES FOR 30,000 BPD PROJECT

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GENOIL INC. ANNOUNCES PRIVATE PLACEMENT

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GENOIL INC. ANNOUNCES APPOINTMENT OF NEW DIRECTOR

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GENOIL INC. MANAGER OF GLOBAL BUSINESS DEVELOPMENT FEATURED IN EXCLUSIVE INTERVIEW WITH WALLST.NET

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GENOIL INC. PLANS COMMERCIAL DEMONSTRATION PLANT AND PROVIDES CORPORATE AND HEBEI ZHONGJIE GHU PROJECT UPDATE

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GENOIL AND AQUAMATION ANNOUNCE SITE PREPARATION AND TRANSPORT OF MAJOR EQUIPMENT FOR ABEOKUTA AND GEREGU

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GENOIL AND AQUAMATION ANNOUNCE COMMENCEMENT OF WORK

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GENOIL AND AQUAMATION FORM GLOBAL STRATEGIC ALLIANCE

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GENOIL INC. AND HEBEI ZHONGJIE PETROCHEMICAL GROUP COMPANY ANNOUNCE RESULTS OF HEAVY OIL UPGRADING TEST

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GENOIL’S GHU TECHNOLOGY PATENT APPROVED BY CANADIAN INTELLECTUAL PROPERTY OFFICE

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GENOIL INC. ANNOUNCES DIRECTOR RESIGNATION

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GENOIL INC. ANNOUNCES APPOINTMENTS OF NEW MANAGER OF GLOBAL BUSINESS DEVELOPMENT AND MANAGER OF MIDDLE EAST OPERATIONS

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GENOIL INC. AND STONE & WEBSTER INTERNATIONAL SIGN BINDING MEMORANDUM OF UNDERSTANDING

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GENOIL INC. ANNOUNCES APPOINTMENTS OF NEW CHIEF FINANCIAL OFFICER, CONTROLLER AND VICE PRESIDENT OF GLOBAL SALES AND MARKETING

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GENOIL INC. ENTERS INTO NOTE EXTENSION AGREEMENT

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GENOIL INC. ANNOUNCES COMPLETION OF HEAVY OIL UPGRADING TEST FOR HEBEI ZHONGJIE PETROCHEMICAL COMPANY.

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GENOIL INC. ANNOUNCES SHARES FOR DEBT APPLICATION.

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GENOIL INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT. GENOIL AND HEBEI ZHONGJIE PETROCHEMICAL GROUP HYDROCONVERSION PROJECT ON SCHEDULE.

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GENOIL INC. ANNOUNCES CLOSING OF FIRST TRANCHE OF OVER-SUBSCRIBED PRIVATE PLACEMENT

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GENOIL INC. ANNOUNCES ISSUANCE OF SHARES

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GENOIL TO PRESENT AT CONFERENCES IN BAHRAIN, KUALA LUMPUR AND SAN FRANCISCO

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GENOIL ANNOUNCES RESULTS OF ANNUAL MEETING AND NEW BOARD OF DIRECTORS

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GENOIL ANNOUNCES TESTING AGREEMENT WITH HEBEI ZHONGJIE

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GENOIL INC. ENTERS INTO DEBENTURE EXTENSION AND FUNDING AGREEMENTS

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GENOIL INC. PROVIDES UPDATE IN RESPECT OF HEBEI ZHONGJIE PROJECT

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GENOIL INC. ANNOUNCES APPROVAL OF GRANT OF STOCK OPTIONS

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GENOIL INC. ANNOUNCES SUCCESSFUL TESTING OF ITS CRYSTAL BILGE WATER SEPARATOR

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Genoil CEO Featured in Exclusive Interview with WallSt.net

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GENOIL INC. ANNOUNCES APPROVAL OF GRANT OF STOCK OPTIONS AND SHARES FOR DEBT APPLICATION

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GENOIL INC. ANNOUNCES FURTHER DEVELOPMENTS IN RESPECT OF ‘LETTER OF INTENT’ WITH HEBEI ZHONGJIE PETROCHEMICAL GROUP COMPANY LTD.

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Genoil Selected to Present at Energy Venture Fair VII Conference in California and Heavy Oil Conference in China

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Genoil Announces Completion of Bridge Financing

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GENOIL AND CHINESE REFINERY GROUP SIGN LETTER OF INTENT TO BUILD GENOIL UPGRADER AT HEBEI REFINERY

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GENOIL INC. ANNOUNCES CLOSING OF OVER-SUBSCRIBED PRIVATE PLACEMENT

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GENOIL INC. ANNOUNCES PURCHASE OF ROYALTY RIGHTS OF MURPHY CANADA EXPLORATION COMPANY

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GENOIL INC. ANNOUNCES APPOINTMENT OF CONTROLLER AND DIRECTOR OF CORPORATE FINANCE

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GENOIL INC. ANNOUNCES THE APPOINTMENT OF DAVID KIPPEN AS INTERIM CHIEF FINANCIAL OFFICER, RESIGNATION OF KIRK MORGAN AS CHIEF FINANCIAL OFFICER, AND ISSUANCE OF CONVERTIBLE NOTE

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GENOIL INC. AND STEAUA ROMANA REFINERY SIGN A MEMORANDUM OF UNDERSTANDING FOR A HYDROCONVERSION UPGRADER IN ROMANIA.

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GENOIL INC. ANNOUNCES SHARES FOR DEBT APPLICATION

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Genoil Inc. Selected to Present at Energy Tech Investor Conference and Triple Gold Investment Conference

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Genoil Inc. Provides Update for Investors on Status of Upgrading Projects and Expansion of Engineering Department

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GENOIL INC. ANNOUNCES HIRING OF DAVID KIPPEN AND APPROVAL OF GRANT OF STOCK OPTIONS

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GENOIL ANNOUNCES HIRING OF VICE PRESIDENT, ENGINEERING, RESULTS OF ANNUAL MEETING, AND PROVIDES STRATEGIC UPDATE

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GENOIL INC. ANNOUNCES COMPLETION OF CDN. $750,000 BRIDGE FINANCING AND SHARES FOR DEBT APPLICATION

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Genoil Announces Conversion of an Additional $750,000 Principal Amount Convertible Debenture

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Update on Hebei Zhongie Petro-Chemical Group for the first major heavy oil Hydroconversion Upgrader in China

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GENOIL INC. ANNOUNCES APPROVAL OF GRANT STOCK OPTIONS

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James Runyan Joins Genoil as Senior Vice President of Engineering and Operations; Genoil Selected to Present at 4th Russian & CIS Refining & Petrochemical Conference

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Interview with Genoil CEO, David Lifschultz, broadcast on Forbes Video Network; Genoil exhibits at Offshore Technology Conference in Houston

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PALM BEACH, FL–(MARKET WIRE)

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Genoil Inc. Announces Conversion of Cdn. $750,000

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Interview with Genoil CEO, David Lifschultz, on CBC Radio Show

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David K. Lifschultz Selected to Present at Aspen Clean Energy Roundtable

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Genoil’s technology GHU(TM) patent approved by United States Patent

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Genoil provides update on Silver Eagle

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GENOIL INC. ANNOUNCES COMPENSATION OF CONSULTANT

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GENOIL INC. AND HEBEI ZHONGIE PETRO-CHEMICAL GROUP SIGN A MEMORANDUM OF UNDERSTANDING TO JOINTLY BUILD THE FIRST MAJOR HEAVY OIL HYDROCONVERSION UPGRADER IN CHINA

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GENOIL INC. ANNOUNCES COMPENSATION OF COMMITTEE MEMBERS

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Interview with Genoil CEO, David Lifschultz, broadcast on CEOCAST.com

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Genoil reports successful testing of tarsands bitumen upgrading project