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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
At December 31, 2016 and 2015, and the years then ended, the Company's segment revenues were comprised of the following customer concentrations:
 
% of Revenue by Segment 2016
 
% of Revenue by Segment 2015
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 2
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 3
100
%
 
%
 
%
 
60
%
 
40
%
 
%
Customer 4
%
 
100
%
 
%
 
%
 
100
%
 
%
Customer 5
%
 
%
 
100
%
 
%
 
%
 
100
%
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery divisions.  Segment information for the years ended December 31, 2016 and 2015 are as follows:
YEAR ENDED DECEMBER 31, 2016
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
76,634,940

 
$
13,154,777

 
$
8,289,197

 
$
98,078,914

Net loss from operations
 
$
(8,849,055
)
 
$
(402,317
)
 
$
(861,142
)
 
$
(10,112,514
)
Total Assets
 
$
80,774,533

 
$
1,573,395

 
$
4,638,040

 
$
86,985,968

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2015
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
103,890,188

 
$
31,154,066

 
$
11,898,207

 
$
146,942,461

Net loss from operations
 
$
(15,957,969
)
 
$
363,708

 
$
1,501,220

 
$
(14,093,041
)
Total Assets
 
$
87,326,506

 
$
1,845,669

 
$
4,472,641

 
$
93,644,816