MEXICO CITY, MEXICO / ACCESSWIRE / June 12, 2019 / (OTC PINK: GNOLF) Genoil Inc., the publicly traded clean technology engineering company for the energy industry, announced today that Lic. José E. García Torres, Legal Representative of the company Genoil Inc. and Dr. Fernando Castrejón Vacio, Director of Product Technology of the Instituto Mexicano del Petroleo "IMP", met to sign a Memorandum of Understanding, which seeks to establish guidelines for cooperation between Genoil and the IMP to jointly team up to develop business opportunities in matters of improvement of heavy and extra-heavy oils in Mexico. The interest of this Memorandum includes the joint search for business opportunity, as well as the development of potential investments in service projects, the scaling of products, provision of technological services, consulting and specialized advice, promotion of investment, specialized training and marketing in everything related to the Processing of Heavy Crude Oil, as well as for the process of Hydrotreating. Also present for the signing ceremony was Dr. Jorge Ancheyta Juárez, Product Manager for the Transformation of Crude of IMP and Genoil engineer Mario Alberto Carreón Rascón.
Genoil & Instituto Mexicano del Petroleo Sign Collaboration Agreement for The Joint Development of Heavy Crude Upgrading Projects in Mexico
Jun 12, 2019
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