Complex sentence: Hom Tov claimed that its shale oil extraction process was based on technology invented in 1992 by Moshe Gvirtz (Moshe Gewertz) and that the process was profitable at the crude oil price of $17 per barrel.
Split into simpler sentences: Hom Tov claimed that its shale oil extraction process was based on technology invented in 1992 by Moshe Gvirtz (Moshe Gewertz). The company claimed that the process was profitable at the crude oil price of $17 per barrel.