Petroteq Energy Inc.

STUDIO CITY, CA, March 08, 2018 -- Petroteq Energy Inc. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced the filing of its third party independent detailed assay and testing resource evaluation report. The Company engaged Energy Labs of Casper, Wyoming to conduct an independent resource evaluation report on the oil that has been extracted from [...]

STUDIO CITY, CA, March 07, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to announce that SOCAR Energy Ukraine, Ltd. , a subsidiary of State Oil Company of Azerbaijan Republic, as the latest member of PetroBLOQ, the Company’s subsidiary and developer of a blockchain-based oil and gas supply chain management [...]

STUDIO CITY, CA, March 06, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced that it has entered into a six-month agreement with Firebird Logistics LLC , for 100% of Petroteq’s production from its heavy oil extraction facility in Asphalt Ridge, Utah. Firebird is a regional provider of transportation and [...]

Petroteq Energy today announced that it has successfully completed testing of all major process systems at its heavy oil extraction facility in Asphalt Ridge, Utah. Further, the Company has initiated test runs of the utility system—among the final steps prior to launching commercial production. The Company has completed testing of the following process systems: Oil sands ore—raw feed material—preparation [...]

STUDIO CITY, Calif., March 02, 2018 -- Petroteq Energy Inc. announces it has received a subscription from an arm’s length party for 107,525 common shares for gross proceeds of US$100,000. The shares will be issued upon receipt of conditional approval from the TSX Venture Exchange . All shares issued pursuant to the financing will be subject to a four-month hold period. The net proceeds will be used by the Company [...]

STUDIO CITY, CA, Feb. 27, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced the engagement of strategic media and marketing partners. The Company is pleased to be working with NetworkNewsWire, a financial news and content distribution company, and Stockhouse, Canada’s leading financial portal and one of North [...]

STUDIO CITY, CA, Feb. 22, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced that it has completed improvements to its Asphalt Ridge Utah Plant that will expand capacity to 1000 bpd . Petroteq Energy Plant Reassembly Petroteq Energy Plant Reassembly Reassembly of the main structure was completed. A Motor Control [...]

STUDIO CITY, CA, Feb. 13, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced it is developing the ability to accept cryptocurrency for both the sale of its oil products and equity. Alex Blyumkin, CEO, stated “In January CNBC ran a piece on how more and more high-end real estate transactions are being handled [...]

STUDIO CITY, CA, Feb. 07, 2018 -- Petroteq Energy Inc. , a company focused on the development and implementation of proprietary technologies for the energy industry, today announced significant progress in the assembly of its heavy oil extraction and processing facility in Asphalt Ridge, Utah. The Company is pleased to report that many of the aspects of the rebuilding of the plant are ahead of schedule. The Company has [...]

Studio City, CA , Feb. 05, 2018 -- Petroteq Energy Inc.. , a company focused on the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits, announced today that the Company has received funds equal to the first tranche of the financing contemplated in the memorandum of understanding with Deloro Energy LLC [...]