Genoil

Genoil Inc. is a technology development company specializing in the oil and gas industry, focusing on hydro conversion fixed bed technology for both upstream and downstream applications. The company is primarily engaged in the development and commercialization of its upgrader technology, which economically converts heavy crude oil into light synthetic crude, addressing the growing global demand for oil. Genoil also holds rights to several patented and proprietary technologies, which enhance its market position. Revenue is generated through engineering and consulting services, licensing fees, royalties, and profit-sharing arrangements. The company has established a geographical presence in regions including the Middle East, Russia, and China, aligning its operations with areas of increasing energy demand.