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  • Norwegian Ministry of Energy sets Sept. 1 applications deadline for blocks in APA 2026

    Norwegian Ministry of Energy sets Sept. 1 applications deadline for blocks in APA 2026

    May 5th, 2026

    Norway's 2026 APA licensing round offers increased exploration opportunities with 70 additional blocks across the Norwegian Sea, the North

    0 comments on Norwegian Ministry of Energy sets Sept. 1 applications deadline for blocks in APA 2026
  • ‘If this isn’t the time to grow:’ Diamondback lifts 2026 production, capex targets

    ‘If this isn’t the time to grow:’ Diamondback lifts 2026 production, capex targets

    May 5th, 2026

    The Permian producer topped its first-quarter production targets and is looking at that level of output as “the new

    0 comments on ‘If this isn’t the time to grow:’ Diamondback lifts 2026 production, capex targets
  • Jonah Energy expands asset portfolio with $1-billion acquisition in Anadarko Basin

    Jonah Energy expands asset portfolio with $1-billion acquisition in Anadarko Basin

    May 5th, 2026

    The deal integrates over 10,500 wells and various midstream assets, expanding jointly managed partnerships in Kansas and Oklahoma.

    0 comments on Jonah Energy expands asset portfolio with $1-billion acquisition in Anadarko Basin
  • S&P Global: Oil markets face ‘double depletion’

    S&P Global: Oil markets face ‘double depletion’

    May 5th, 2026

    Global oil markets are entering a phase in which a sharp contraction in demand occurs alongside an unprecedented drawdown

    0 comments on S&P Global: Oil markets face ‘double depletion’
  • OTC 2026: Clarkson forecasts 24% decline in offshore oil, gas capex

    OTC 2026: Clarkson forecasts 24% decline in offshore oil, gas capex

    May 4th, 2026

    Clarkson Research projects offshore oil and gas capex this year to fall to $85 billion, the lowest since 2020.

    0 comments on OTC 2026: Clarkson forecasts 24% decline in offshore oil, gas capex
  • US launches pipeline initiative, support of Southern Interconnection pipeline

    US launches pipeline initiative, support of Southern Interconnection pipeline

    May 1st, 2026

    US Energy Secretary Chris Wright announced a framework to support natural gas infrastructure expansion.

    0 comments on US launches pipeline initiative, support of Southern Interconnection pipeline
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LATEST SECTOR NEWS

  • Phillips 66 reports nearly 20 times-higher quarter-over-quarter earnings
  • Orlen launches transshipment hub at Gdańsk refinery
  • Mega plans 27% increase in Vaca Muerta NGL production
  • ExxonMobil taps SIMOPS management platform for Whiptail
  • Editorial: Dominance requires stability

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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