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  • ‘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
  • Trump grants Bridger 500,000 bd/d oil pipeline permit to cross Canada-US border

    Trump grants Bridger 500,000 bd/d oil pipeline permit to cross Canada-US border

    May 1st, 2026

    The pipeline project, which still requires federal and state permits, faces opposition from environmental and Indigenous groups.

    0 comments on Trump grants Bridger 500,000 bd/d oil pipeline permit to cross Canada-US border
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LATEST SECTOR NEWS

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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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