Axial Vector Energy Corp. (AXVC.PK) Joint Venture in Negotiations to License Its Innovative Technology to India
Axial Vector Energy Corp. announced this morning that its JV Company PETRO-AVEC is currently negotiating licenses that would secure rights for its oil refining technology across the entire country of India. According to the press release, government agencies for India and large multi-billion dollar privately owned refineries are all competing for the issuance of this important license. In June of this year, PETRO-AVEC officials originally presented its technical due diligence to interested parties in India. They have now been invited back to India by a number of interested parties to finalize license negotiations. The viability of removing sulphur from oil…
