MEXICO CITY, MEXICO / ACCESSWIRE / October 10, 2018 / Genoil (OTC PINK: GNOLF) announced that it has dramatically improved overall performance and capabilities of its heavy to light crude oil upgrading technology ''Genoil GHU Technology.'' This further proves the GHU Upgrader's flexibility and high profitability for conversion of Pemex crude oil. Converted high quality GHU crude oil can be exported from Mexico at a substantially higher price, with an estimated profitability of over $50.00 per barrel at today's oil prices. The GHU is a cutting edge advanced hydroconversion technology which is based on a common refining process utilized globally to remove sulfur and other impurities in a variety of feedstocks. Genoil is using new and improved catalyst that considerably increases performance and reduces operating costs.
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