Presentations and Newsletters

Presentations and Newsletters2019-07-11T10:01:41+00:00

Energy Industry at a Crossroads

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 [...]

Business Development Updates and Technology Overview

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 a [...]

Technology Milestone and IMO 2020 Update

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 [...]

The Really Inconvenient Truth

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 a $99 trillion industry that will need to become environmentally compliant, optimized and sustainable. Optima’s innovative ship-based solutions provide meaningful economic and logistical benefits to both the refining and shipping industries and is positioned to play a role in the world’s energy transformation. Optima ship-based desulfurization and heavy oil upgrading solutions are gaining traction and validation from leading global shipping companies, process companies, traders and private equity investors. While our ship-based solutions are still in the prototype stage, two of the largest shipbrokers in the world are keen to work with us to commercialize this strategy. We have engaged several desulfurization and upgrading processes companies and are negotiating memorandum of understandings (MOU) for use of their technologies. We are not interested in developing new technologies. Rather we are looking at processes that can operate efficiently and effectively on a ship and provide turnkey solutions to [...]

The Next Big Thing: Eco-Compliant Refinery Solutions

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 companies must modernize their refineries.  Optima Process Systems, Inc. is using new technologies to provide environmentally compliant solutions to address this upgrading need in this trillion-dollar oil refining market. The magnitude, consequence, risk and urgency of this effort to improve the global environment is highlighted and championed below by top thought leaders: Bank of England Governor, Mark Carney presented A Transition in Thinking and Action to the International Climate Risk Conference for Supervisors on April 6, 2018 in Amsterdam. There, Carney outlined the scope of institutional interest coalescing behind this movement since the Paris Agreement of 2015: "At the One Planet Summit in Paris in 2017, financial institutions responsible for managing $80 trillion of assets – equivalent to the annual global GDP – publicly supported the Task Force for Climate-related Disclosures (TCFD)." "The supporters included 20 globally-systemic banks, 8 of the top 10 global asset managers, the world’s [...]