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  • EIA reduces global oil demand projections on tariff uncertainties

    EIA reduces global oil demand projections on tariff uncertainties

    April 11th, 2025

    The US Energy Information Administration lowered its projections for global oil demand growth. The agency now expects global consumption

    0 comments on EIA reduces global oil demand projections on tariff uncertainties
  • Petronas extends offshore Malaysia, Vietnam contracts

    Petronas extends offshore Malaysia, Vietnam contracts

    April 10th, 2025

    Petronas, through Malaysia Petroleum Management, extended offshore production contracts with Petrovietnam in an area straddling the maritime border of

    0 comments on Petronas extends offshore Malaysia, Vietnam contracts
  • TGNR adds East Texas gas assets in $525-million deal with Chevron

    TGNR adds East Texas gas assets in $525-million deal with Chevron

    April 1st, 2025

    TG Natural Resources LLC (TGNR) has acquired 70% interest in East Texas gas assets from Chevron USA Inc., a

    0 comments on TGNR adds East Texas gas assets in $525-million deal with Chevron
  • Majors pull back from renewable energy investments

    Majors pull back from renewable energy investments

    April 1st, 2025

    The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth considering

    0 comments on Majors pull back from renewable energy investments
  • YPF to invest $3.3 billion in Vaca Muerta in 2025, focusing exclusively on oil

    YPF to invest $3.3 billion in Vaca Muerta in 2025, focusing exclusively on oil

    March 31st, 2025

    State-owned YPF SA plans to invest $3.3 billion in Vaca Muerta during 2025, concentrating all drilling activity on oil

    0 comments on YPF to invest $3.3 billion in Vaca Muerta in 2025, focusing exclusively on oil
  • YPF signs $75-million farm-out for Aguada del Chañar block exploration

    YPF signs $75-million farm-out for Aguada del Chañar block exploration

    March 31st, 2025

    State-owned YPF SA signed a $75-million deal with Compañía General de Combustibles for hydrocarbon exploration in Argentina’s Neuquén province. 

    0 comments on YPF signs $75-million farm-out for Aguada del Chañar block exploration
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • OGJ Crack Spread
  • Lotte starts operation of new $4-billlion Indonesian petrochemical complex
  • Aramco seals partnership deal for Jafurah gas development
  • America’s energy resurgence fuels national security
  • bp sells bpx energy Permian, Eagle Ford assets to Sixth Street funds

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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