Vivakor Acquires Next Generation Technology For Oil Extraction In $10M Transaction

IRVINE, Calif. -- Vivakor Inc. announced it has acquired a new, proprietary technology in a $10M transaction for intellectual property that extracts oil and hydrocarbons in a socially responsible, environmentally friendly manner from oilsands.


Global Innovators Submit Ideas To Advance Efficiency And Environmental Performance In Canada's Oilsands

CALGARY, Alta. -- GE announced winners from India, Italy, the Netherlands and the United Kingdom in the first phase of a $1 million Ecomagination Innovation Challenge today. The winning submissions address alternative uses for waste heat in the SAGD (steam assisted gravity drainage) oil extraction process, ultimately reducing GHG emissions.


Genoil And Hebei Zhongjie Petrochemical Sign $700 Million Contract For Heavy Oil Refinery Utilizing GHU Technology

NEW YORK, N.Y. -- Genoil has announced it has signed a more comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd. (HYT) for the establishment of a limited liability company, including a Genoil technology license agreement and trademark licenses. This contract establishes the structure of the new joint venture corporation which will be located in the Zhongie Industrial Park in the Hebei Province of the People's Republic of China.


MCW Energy Group Projects Windfall Reduction In Its Oilsands Processing Costs As A Result Of Slumping Oil Prices

TORONTO, Ont. -- MCW Energy Group Limited, a Canadian holding company involved in the development and implementation of oilsands extraction technologies, through MCW Oil Sands Recovery, LLC, (MCW Oil Sands) has announced further details of its projected oilsands processing costs in the advent of world oil prices under US$50 per barrel.


Vivakor Signs MOU For Oilsands Extraction Technology

IRVINE, Calif. -- Vivakor Inc. announced it has signed a memorandum of understanding (MOU) with Sustainable Fuels Inc. for acquisition of its Intellectual Property which extracts oil and hydrocarbons from oilsands. In August 2014 Vivakor declared it is increasing its activities in the area of rich, high demand natural resources.


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