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  • Oil prices ride the Iran seesaw

    Oil prices ride the Iran seesaw

    February 6th, 2026

    Crude oil prices fluctuated within a range, with WTI reaching $65.55/bbl and Brent hitting $69.75/bbl, but both settled lower

    0 comments on Oil prices ride the Iran seesaw
  • Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration

    Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration

    February 6th, 2026

    Following a recent MoU with ExxonMobil, TPAO is working to advance its exploration efforts in the Black Sea with

    0 comments on Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration
  • Shell Offshore lets subsea intervention contract

    Shell Offshore lets subsea intervention contract

    February 6th, 2026

    The $25-50 million contract involves DOF's North American team managing project execution, engineering, and vessel services to deliver chemical

    0 comments on Shell Offshore lets subsea intervention contract
  • TotalEnergies, Petrobras acquire interest in block offshore Namibia

    TotalEnergies, Petrobras acquire interest in block offshore Namibia

    February 6th, 2026

    TotalEnergies and Petrobras have acquired interests in an 11,000 sq km offshore exploration block in Namibia's Lüderitz basin.

    0 comments on TotalEnergies, Petrobras acquire interest in block offshore Namibia
  • Valero’s refining segment drives higher 2025 earnings

    Valero’s refining segment drives higher 2025 earnings

    February 6th, 2026

    Valero's 2025 results show a spike in earnings, fueled by record refining throughput, strong margins, and improved mechanical availability,

    0 comments on Valero’s refining segment drives higher 2025 earnings
  • ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    February 5th, 2026

    The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year

    0 comments on ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”
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East Toronto, Ontario
M5C 1P1
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LATEST SECTOR NEWS

  • Oil prices ride the Iran seesaw
  • Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration
  • Shell Offshore lets subsea intervention contract
  • TotalEnergies, Petrobras acquire interest in block offshore Namibia
  • Valero’s refining segment drives higher 2025 earnings

ABOUT US

FORTecx is a Canadian-based group, specializing in unique, ‘state of the art’ proprietary Formulas, Ultrasonic Procedures and End-to-End Eco Processes for the fast recovery of oil from primary, secondary and waste sources.

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