Presentations and Newsletters

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 fuels and oil, in particular, have been highly efficient energy sources since 1850. Fossil fuels have played a major role in the growth, industrialization and modernization of the global economy. However, like coal, Big Oil’s legacy of pollution, environmental damage from its exploration and development and its impact on global warming have created an epoch problem. Optima’s Commercial Prospects: Optima has engaged with four different technology providers with proven technologies. Optima has identified several pilot projects which can reduce the toxic emissions from transport fuels and improve process efficiency. Costing between $3,000,000 to $10,000,000, these pilot projects test the commercial viability of these new cleaner low-cost technology based solutions. Not only do these projects look viable, they appear to be highly profitable. Two of the projects could generate revenues and earnings in 2020. Optima’s four technologies include: a heavy oil upgrader which converts thick [...]

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 has worked diligently to identify new low-cost technologies, reviewed the companies that own these technologies and create strategies to work with them to commercialize their products. Optima has identified certain brilliant technical solutions, but some are housed in companies that lack the industry contacts and financial wherewithal to commercialize them. This is where Optima can add tremendous value by working with these technology companies to bring their products to market. Our team of professionals has a track record of creating and transforming under-resourced companies into viable entities. Through our diligence and discussions, we have now identified the three best technologies that Optima wishes to use on its ship-based systems or on land-based applications based on client preferences. Our focus is now to deepen our relationships with these companies and develop commercially viable projects. FluidOil, Ltd. VHTL: Last month, Optima announced that it had signed [...]

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, which will reduce the sulfur limit on bunker fuel from 3.5% to 0.5%, is expected to have a broad environmental and economic impact affecting the 90,000 vessels that make up the world’s shipping fleet. One year ago, energy market historian and Yale professor Philip K. Verleger, Jr. predicted that the IMO 2020 global environmental regulation could cause an economic collapse and drive oil prices to $200/barrel. In spite of Verleger’s warning and significant reporting on the matter, insufficient industrial preparation has occurred to address this critical environmental regulation. Only a few hundred ships have converted to scrubbers which remove sulfur dioxide (SO2) from ships’ emissions. Major refineries, for whom significant re-tooling can cost upwards of $10 billion, have not undergone the requisite transformations to address the 3.5 million barrels per day (b/d) shortfall of low sulfur bunker fuel needed to replace the high sulfur fuel which [...]