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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
At December 31, 2017 and 2016, and for the years then ended, the Company's segment revenues were comprised of the following customer concentrations:
 
% of Revenue by Segment 2017
 
% of Revenue by Segment 2016
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 2
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 3
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 4
%
 
100
%
 
%
 
%
 
100
%
 
%
Customer 5
100
%
 
%
 
%
 
%
 
%
 
%
Customer 6
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 7
%
 
%
 
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, 2017 and 2016 are as follows:
YEAR ENDED DECEMBER 31, 2017
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
107,988,551

 
$
20,097,325

 
$
17,413,216

 
$
145,499,092

Net income (loss) from operations
 
$
(5,678,768
)
 
$
(1,195,946
)
 
$
651,627

 
$
(6,223,087
)
Total assets
 
$
75,709,845

 
$
3,454,010

 
$
5,141,619

 
$
84,305,474

 
 
 
 
 
 
 
 
 
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