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Sulphurous Crude Price Gap Widens

Jun 12, 2011 | General

Saudi Arabia’s spare capacity is mostly of sulphurous crude, of little use for simple refiners who need lighter grades to substitute Libya’s high-quality output. Saudi Arabia’s solo move to boost output is widening the price gap between undersupplied...

Espo Crude Blend

Jun 10, 2011 | General

Russia’s new Espo crude blend has been a big success since its launch at the end of 2009, but Moscow’s desire to maintain the new grade’s stable low sulfur content and help promote it as a possible future Asian market benchmark is beginning to have a negative impact...

Rising Production of Heavy Crude

Jun 10, 2011 | General

The problems with Urals Blend quality are not just down to Espo, however. Rising production of heavy crude from the republics of Bashkortostan and Tatarstan has also had an impact, as has the failure to make any progress on establishing a crude quality bank system for...

Coming to an end

Jun 9, 2011 | General

“The easy oil is coming to an end,” says Alex Munton, a Middle East analyst for the Scottish energy consulting firm Wood Mackenzie. ‎”All the countries in the Middle East are going to have to start grappling with these [heavy-oil] reserves,”...

Welcome to Genoil’s new blog site!!

May 18, 2011 | General

Genoil is a new kind of energy company offering some of the most advanced petroleum clean technology solutions in the world. We are based in Alberta, Canada and have seven primary research driven areas of focus; desulfurization & carbon reduction, oil...