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Genoil Syncrude is a National Security Interest of The United States

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Genoil Inc. (OTC PINK:GNOLF) announces its Upstream Upgrading Crude Production Plant as a potential solution for oil supply disruptions during Middle East conflicts. The plant can replace 25 million barrels per day of crude oil within 60 days, offering better efficiency than strategic petroleum reserves.

The Genoil upgrading plant demonstrates 52% higher efficiency compared to existing refining methods. While traditional refineries yield only 65% liquid fuel from feedstock, Genoil's Syncrude achieves nearly 100% yield with no refining residue, unlike WTI and Brent blends that have 40% residue.

Financial institutions have offered to finance up to $50 billion USD in equity and debt for these projects. The company emphasizes the urgency of implementing this solution as a preventive measure against potential economic disruptions from oil supply interruptions.

Genoil Inc. (OTC PINK:GNOLF) annuncia il suo impianto di produzione di petrolio grezzo con upgrading upstream come una soluzione potenziale per le interruzioni dell'approvvigionamento di petrolio durante i conflitti in Medio Oriente. L'impianto può sostituire 25 milioni di barili al giorno di petrolio grezzo entro 60 giorni, offrendo un'efficienza migliore rispetto alle riserve strategiche di petrolio.

L'impianto di upgrading di Genoil dimostra un'efficienza superiore del 52% rispetto ai metodi di raffinazione esistenti. Mentre le raffinerie tradizionali producono solo il 65% di combustibile liquido dalla materia prima, il Syncrude di Genoil raggiunge quasi il 100% di rendimento senza residui di raffinazione, a differenza delle miscele WTI e Brent che hanno un residuo del 40%.

Le istituzioni finanziarie hanno offerto di finanziare fino a 50 miliardi di dollari USA in capitale e debito per questi progetti. L'azienda sottolinea l'urgenza di implementare questa soluzione come misura preventiva contro potenziali interruzioni economiche causate dall'interruzione dell'approvvigionamento di petrolio.

Genoil Inc. (OTC PINK:GNOLF) anuncia su planta de producción de petróleo crudo de upgrading upstream como una posible solución para las interrupciones del suministro de petróleo durante los conflictos en Medio Oriente. La planta puede reemplazar 25 millones de barriles por día de petróleo crudo en 60 días, ofreciendo una mejor eficiencia que las reservas estratégicas de petróleo.

La planta de upgrading de Genoil demuestra una eficiencia un 52% superior en comparación con los métodos de refinación existentes. Mientras que las refinerías tradicionales producen solo el 65% de combustible líquido a partir de la materia prima, el Syncrude de Genoil alcanza casi un 100% de rendimiento sin residuos de refinación, a diferencia de las mezclas WTI y Brent que tienen un residuo del 40%.

Las instituciones financieras han ofrecido financiar hasta 50 mil millones de dólares USD en capital y deuda para estos proyectos. La empresa enfatiza la urgencia de implementar esta solución como medida preventiva contra posibles interrupciones económicas debido a problemas en el suministro de petróleo.

제노일 주식회사 (OTC PINK:GNOLF)가 중동 갈등 동안 석유 공급 중단에 대한 잠재적 솔루션으로 업스트림 원유 생산 업그레이드 플랜트를 발표했습니다. 이 플랜트는 60일 내에 하루 2500만 배럴의 원유를 대체할 수 있으며, 전략 비축유보다 더 나은 효율성을 제공합니다.

제노일 업그레이드 플랜트는 기존 정유 방법에 비해 52% 더 높은 효율성을 보여줍니다. 전통적인 정유소는 원료에서 단지 65%의 액체 연료를 생산하는 반면, 제노일의 신크루드는 정제 잔여물 없이 거의 100%의 수율을 달성합니다. WTI 및 브렌트 혼합물은 40%의 잔여물을 가지고 있습니다.

재정 기관들은 이 프로젝트를 위해 최대 500억 달러 USD의 자본과 부채를 지원하겠다고 제안했습니다. 이 회사는 석유 공급 중단으로 인한 잠재적인 경제적 혼란에 대한 예방 조치로 이 솔루션의 시행이 시급하다고 강조합니다.

Genoil Inc. (OTC PINK:GNOLF) annonce son usine de production de brut à upgrade amont comme une solution potentielle pour les perturbations de l'approvisionnement en pétrole pendant les conflits au Moyen-Orient. L'usine peut remplacer 25 millions de barils de pétrole brut par jour dans les 60 jours, offrant une meilleure efficacité que les réserves stratégiques de pétrole.

L'usine d'upgrade de Genoil montre une efficacité supérieure de 52% par rapport aux méthodes de raffinage existantes. Alors que les raffineries traditionnelles ne produisent que 65% de carburant liquide à partir de matières premières, le Syncrude de Genoil atteint presque 100% de rendement sans résidus de raffinage, contrairement aux mélanges WTI et Brent qui présentent 40% de résidu.

Les institutions financières ont proposé de financer jusqu'à 50 milliards USD en capitaux propres et en dettes pour ces projets. L'entreprise souligne l'urgence de mettre en œuvre cette solution en tant que mesure préventive contre d'éventuelles perturbations économiques dues à des interruptions de l'approvisionnement en pétrole.

Genoil Inc. (OTC PINK:GNOLF) kündigt sein Upstream Upgrading Crude Production Plant als potenzielle Lösung für Ölversorgungsausfälle während der Konflikte im Nahen Osten an. Diese Anlage kann innerhalb von 60 Tagen 25 Millionen Barrel Rohöl pro Tag ersetzen und bietet eine bessere Effizienz als strategische Erdölreserven.

Die Genoil-Upgrading-Anlage zeigt eine 52% höhere Effizienz im Vergleich zu bestehenden Raffinierungsmethoden. Während traditionelle Raffinerien nur 65% flüssigen Kraftstoff aus Rohmaterial erzeugen, erzielt Genoils Syncrude nahezu 100% Ausgabe ohne Raffinierungsrückstände, im Gegensatz zu WTI- und Brent-Mischungen, die 40% Rückstand aufweisen.

Finanzinstitutionen haben angeboten, bis zu 50 Milliarden USD an Eigen- und Fremdkapital für diese Projekte zu finanzieren. Das Unternehmen betont die Dringlichkeit der Umsetzung dieser Lösung als präventive Maßnahme gegen potenzielle wirtschaftliche Störungen durch Ölversorgungsausfälle.

Positive
  • Plant can replace 25 million barrels per day of crude oil within 60 days
  • 52% higher efficiency compared to traditional refining methods
  • Nearly 100% liquid fuel yield compared to industry standard of 65%
  • Secured financing offers up to $50 billion USD
Negative
  • Implementation requires declaration of state of emergency
  • Project requires superseding existing orders and emergency prioritization
  • Standard industry backlogs could affect equipment procurement

Genoil Project Rollout Can Prevent a Collapse in the World Economy

NEW YORK CITY, NY / ACCESSWIRE / December 4, 2024 / Genoil Inc. (OTC PINK:GNOLF) announces that the Genoil Upstream Upgrading Crude Production Plant can supply much needed crude oil that has been lost due large oil disruptions caused from a Middle East Conflict or for example if the Straits of Hormuz were to be closed. Genoil's Upgrading Plant can replace the twenty-five million barrels per day of crude oil within sixty days. The Genoil upgrading plant will be more effective than the strategic petroleum reserves.

The second reason to immediately rollout Genoil Syncrude Plant today, even without a crisis, is because of the enormous efficiency and productivity increases gained from existing refineries processing Syncrude as compared with the existing methods to process raw blended crudes which we calculate to be in the range of 52% more efficiency.

A major oil disruption would require a state of emergency to be declared in Europe and the United States and the parts required would have to be ordered by these states to be furnished for Genoil at once, superseding and delaying all other orders so that they can replace the destroyed or cut off oil in thirty to sixty days. The Genoil plant improves the crude oil so that the crude oil has no refining residue while being refined. By contrast WTI, Brent or other light oil blends have approximately 40 percent residue. The modern refinery today has low liquid fuel yields of only 65% of the feedstock input whereas Genoil's Syncrude would have close to 100%. This translates to a 52% increase in liquid fuel yield over conventional light crude oil blends' which will replace the lost light oil from the Middle East in the event of a war with Iran. Industry norms are on average 2.5 to 3 years to build its greenfield projects due to standard backlogs from refinery equipment providers. The Genoil solution should be initiated at once by the United States so that an emergency plan is in place in the event the oil production is cut off or destroyed. Otherwise, as we have pointed out in a letter to Mr. Jamie Dimon of J. P. Morgan Chase Bank that the disruption of 25 million barrels of oil would trigger an implosion of the over $600 trillion dollars of derivates in a "nuclear chain reaction explosion" to use Warren Buffett's applicable metaphor whether it be by the wells being bombed or the Straits of Hormuz being closed.

Our CEO, David Lifschultz is quite familiar coordinating such emergencies having been the supervisor of the 1987 rescue of the markets due to irregularities in the cash settlement market and in 2008 also discussed in the letter below to Jamie Dimon. He also wrote the Paul Volcker anti-inflation plan at the request of the Rothschilds though David was happy that Paul received the credit for writing it because David happened to like him. Mr. Lifschultz met Paul on the Washington-New York City flight some years later to instruct him to reverse the tight money policy and the plane was delayed a few hours and got to know him quite well.

On the basis of the above, leading financial institutions have offered to finance both equity and debt for up $50 billion USD for these projects.

Forward Looking Statements:

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand, and the company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential risk factors that could affect the company's financial results can be found in the company's Reports filed with the Securities and Exchange Commission.

For more information you can see our latest presentation on our homepage and contact:
Genoil Inc.
David K. Lifschultz, CEO
(212) 688-8868

SOURCE: Genoil, Inc.



View the original press release on accesswire.com

FAQ

What is Genoil's (GNOLF) solution for Middle East oil supply disruptions?

Genoil's Upstream Upgrading Crude Production Plant can replace 25 million barrels per day of crude oil within 60 days, offering a solution for oil supply disruptions during Middle East conflicts.

How much more efficient is Genoil's (GNOLF) upgrading plant compared to traditional methods?

Genoil's upgrading plant is 52% more efficient than traditional refining methods, achieving nearly 100% liquid fuel yield compared to the industry standard of 65%.

What financing has been offered to Genoil (GNOLF) for their upgrading plant projects?

Financial institutions have offered to finance both equity and debt for up to $50 billion USD for Genoil's upgrading plant projects.

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