The energy industry is at a crossroads. The world and global energy markets must address the massive environmental challenge of pollution and global warming. Optima Process Systems, Inc., which offers innovative low-cost solutions to reduce the environmental impact of transport fuels, is helping to develop practical technologies and solutions to address this challenge. Fossil [...]
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Optima Process Systems, Inc. is focused on helping the oil industry deliver cleaner energy by leveraging existing low-cost technologies. This letter will provide a business development update and technology overview. FluidOil’s VHTL heavy oil upgrading technology has massive commercial potential. IMO 2020 will drive Optima’s ship-based desulfurization solutions. During the past 12 months, Optima [...]
Optima Announces Technology Milestone and Provides IMO 2020 Update IMO 2020 will hurt the shipping industry but not crash the stock market. Optima signs MOU with FluidOil, Ltd to secure heavy oil upgrading technology. Optima identifies new desulfurization technologies to address IMO 2020. IMO 2020 in Perspective: IMO 2020, [...]
The upcoming IMO 2020 rule will give sophisticated refiners a license to print money. Global fossil fuel refining is a $2.5 trillion industry. Despite the success of alternative fuels and green technologies, it is estimated that fossil fuel refining will grow by 50% by 2050. Cumulatively, this is [...]
If nothing changes, we could see $200/bl oil and a global economic crisis on the order of 2008. As the world works to stop climate change, new powerful global environmental regulations are forcing oil refiners to produce fuels with lower emissions. To comply with these new regulations, oil [...]