Genoil Inc.
OOTC:GNOLF0.03
USD
+0.01
(+25.00%)
CIK
1261002
ISIN
CA3719241018
CUSIP
371924101
Return %
Stock
S&P 500
1Y
68.92
14.20
3Y
2,499,900.00
81.12
5Y
194.12
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
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in mil. unless spec.Quarterly Earnings Per Share
USD
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in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- David K. Lifschultz
- Full Time Employees
- 16
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 4500 Bankers Hall East Calgary AB Canada T2P 4K7
- IPO Date
- Jul 11, 2001
- CIK
- 0001261002
- Website
- genoil.ca
- Similar Companies
- Business
- Genoil Inc. (GNOLF) develops and commercializes proprietary technologies for heavy oil upgrading, desulfurization, water purification, and environmental remediation in the oil and gas industry. The company offers the Genoil Hydroconversion Upgrader (GHU), a fixed-bed hydroconversion process that transforms heavy, sour hydrocarbon feedstocks into lighter synthetic crude oil with higher distillate yields and reduced sulfur content by up to 99.5%; Crystal oil-water separators, including Crystal Sea for marine applications certified by the US Coast Guard and American Bureau of Shipping, achieving oil-in-water separation below 2ppm in a filterless, continuous operation; Maxis 3-phase centrifugal separators for wellhead testing that remove 85-95% of free water; Genoil Sand Decontamination Technology (GSDT) for soil and sand remediation; slop oil treatment systems for waste oil recycling; and additional solutions such as port cleaning, emergency spill response, and disk stacked centrifuges. Genoil provides engineering, consulting, equipment supply, modular fabrication, and project management services, including process optimization, detailed design, and turnkey installations, often in alliance with engineering firms. Founded in 1996 and headquartered in Newport, Rhode Island, with key offices and research facilities in Edmonton and Calgary, Alberta, Canada; Sherwood Park, Canada; New York City; Constanta, Romania; Dubai and Abu Dhabi, UAE, the company targets national oil companies, producers, and refiners primarily in the Middle East, Russia, China, and internationally, deriving revenue from licensing, royalties, profit shares, and engineering fees. Recent developments include the completion of the acquisition of 100% of Two Hills Environmental Inc. to expand operational capabilities in Canada; a strategic agreement to develop five oil and gas fields in Yakutia, Russia, with 1.8 billion barrels of recoverable reserves; issuance of a $5 billion letter of intent for funding major upstream projects to boost profits for national oil companies through enhanced fuel yields; and ongoing advancements in hydrogen-saturated low-carbon Genoil 1 Synthetic MBP Crude to support energy transition and supply security amid geopolitical risks like Strait of Hormuz disruptions.
Company News
As the Looming Crisis Takes Hold, Jet Fuel Inventories Hit a 63-Year Low and Europe Faces Imminent Supply Failure, Genoil Inc. Offers the Only Viable Solution That Can Close the Gap
Genoil Inc. Offers 30-60 Day Upstream Solution To Combat Hormuz Crisis As Physical Oil Tops $250, Threatening $700 Barrel Based On A Global Derivative Collapse
Genoil Inc. (OTC Pink: GNOLF): Proprietary Refining Design Boosts Fuel and Diesel Yields, Ending Reliance on the Strait of Hormuz
Genoil Inc. (OTC PINK: GNOLF) - Addressing One of the Largest Threats to Global Energy Security in Modern History - Genoil Delivers Solution in 60 Days
Genoil Syncrude is a National Security Interest of The United States