Genoil Inc. Pushes Development, Financing of its Joint Venture Project with Haiyitong (HYT), Article Posted on BeaconEquity.com
Genoil and Haiyitong move toward completion of a heavy oil and refinery residue upgrading project worth up to $170 million; Genoil provides update on ongoing marketing and financing efforts.
(EMAILWIRE.COM, November 19, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of “Genoil Inc. Pushes Development, Financing of its Joint Venture Project with Haiyitong (HYT).”
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"Canada-based Genoil (GNOLF), an international engineering technology development company, recently announced an update on the ongoing marketing and financing efforts of its heavy oil and refinery residue upgrading project with Haiyitong Inc. in China. … The Genoil Hydroconversion Upgrader (GHU) is an improved catalytic hydroconversion technology that economically upgrades and significantly increases the yields from high sulphur, acidic, heavy crude, bitumen and refinery residues.”
The Genoil Hydroconversion Upgrader will allow the refinery to use cheaper heavy sour crude mixed with the existing refinery residues resulting in significant cost savings:
“Genoil and HYT have agreed to build a 20,000 barrel per day (bpd) GHU unit worth $170 million at the refinery site, with the purpose of enabling the refinery to use lower cost feedstock. Instead of buying light, sweet crude to refine, HYT will be able to process a mixture of cheaper heavy sour crude oil and the existing refinery residues. These residues are currently sold as a low value by-product.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
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We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting:
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BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"Canada-based Genoil (GNOLF), an international engineering technology development company, recently announced an update on the ongoing marketing and financing efforts of its heavy oil and refinery residue upgrading project with Haiyitong Inc. in China. … The Genoil Hydroconversion Upgrader (GHU) is an improved catalytic hydroconversion technology that economically upgrades and significantly increases the yields from high sulphur, acidic, heavy crude, bitumen and refinery residues.”
The Genoil Hydroconversion Upgrader will allow the refinery to use cheaper heavy sour crude mixed with the existing refinery residues resulting in significant cost savings:
“Genoil and HYT have agreed to build a 20,000 barrel per day (bpd) GHU unit worth $170 million at the refinery site, with the purpose of enabling the refinery to use lower cost feedstock. Instead of buying light, sweet crude to refine, HYT will be able to process a mixture of cheaper heavy sour crude oil and the existing refinery residues. These residues are currently sold as a low value by-product.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting:
http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
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Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Press Release Keywords:
stock market, investing, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, genoil inc.
stock market, investing, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, genoil inc.
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