GENOIL is an international technology development and process-licensing company based in
The skyrocketing prices of refined petroleum products have made it dramatically clear that the underlying key problem is not a shortage of crude oil supplies, but the ability of refineries to turn out the required oil products. The current problem, which is likely to continue for some time, is an overabundance of heavy, dirty crude oils being offered to refiners who lack the equipment capacity to process these into light, clean transportation fuels, especially motor gasoline and diesel oil. A number of improvements to heavy oil upgrading technology have recently been introduced. Some of these involve hydrogen addition technology, such as Genoil’s proprietary heavy oil upgrader (GHU).
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