Published by The New York Sun on 2005-12-08 David Lifschultz carries his solution to the world’s oil problems in a beaten-up briefcase. Literally. “See – here,” Mr. Lifschultz, CEO of GenOil, said, bringing out a blue velvet box and opening it...
Oil and gas supplies will struggle to keep up with world demand growth, making energy prices more expensive and more volatile in the long term, the head of Europe’s largest oil company has warned. Peter Voser, the chief executive of Royal Dutch Shell, told the...
The crisis in Libya is halting production of some of the world’s most coveted oil. The reservoirs beneath its desert landscape yield crudes that are easily refined into diesel and petrol and also low in sulphur, making them cleaner to burn. Opec, of which Libya is a...
What role should oil sands play in the world’s future energy mix? Oil sands and heavy oil production are essential to meeting global energy demands. According to the International Energy Outlook world energy consumption is projected to increase 49% from 2007 to 2035....
The International Energy Agency may not have a solution but no one can accuse them of no longer understanding the gravity of the problem. In their June report, the IEA warned that unless OPEC could increase production by at least 1.5 million barrels a day, world oil...
Nonetheless, the Castro regime’s myopic strategic decision of switching from a fuel-oil fired system to the use of heavy, high-sulfur Cuban crude oil as a fuel source — promoted in order to save hard currency by limiting the import of fuel oil — has proven...
Comments Off on Genoil Signs an Agreement in Saudi Arabia To Build a Super Upgrading Complex and Also Signs Immediate Revenue Generating Contract With a Middle Eastern Entity
“We Are Seeing a Strong Interest in GHU Technology with Oil Prices on The Rise” RIYADH, SAUDI ARABIA / ACCESSWIRE / October 27, 2021 / Genoil Inc (OTC:GNOLF) signed an agreement to...