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  • Trump administration loosens sanctions on Iran in latest bid to contain oil prices

    Trump administration loosens sanctions on Iran in latest bid to contain oil prices

    March 23rd, 2026

    The US eased sanctions on Iranian crude until Apr. 19, allowing limited oil sales to address rising energy prices.

    0 comments on Trump administration loosens sanctions on Iran in latest bid to contain oil prices
  • ADNOC, OMV advance formation of Borouge Group International

    ADNOC, OMV advance formation of Borouge Group International

    March 22nd, 2026

    Borouge 4, a large-scale integrated complex, is set to become the world's largest single-site polyolefins plant, enhancing ADNOC and

    0 comments on ADNOC, OMV advance formation of Borouge Group International
  • CNOOC appoints CEO

    CNOOC appoints CEO

    March 20th, 2026

    Huang Yongzhang has been appointed as vice-chairman, CEO, and president of CNOOC Ltd., bringing experience from CNPC and China

    0 comments on CNOOC appoints CEO
  • Editorial: The second-best time

    Editorial: The second-best time

    March 20th, 2026

    Armed conflicts significantly disrupt global markets, especially energy supplies, prompting governments to intervene through reserves releases and policy adjustments.

    0 comments on Editorial: The second-best time
  • Rising gasoline prices and their impact on US inflation and economy

    Rising gasoline prices and their impact on US inflation and economy

    March 19th, 2026

    Global oil market instability, including disruptions in the Strait of Hormuz, threatens to push gasoline prices even higher, with

    0 comments on Rising gasoline prices and their impact on US inflation and economy
  • Federal NPR-A lease sale hits record for revenues and tracts receiving bids

    Federal NPR-A lease sale hits record for revenues and tracts receiving bids

    March 19th, 2026

    The recent lease sale in Alaska's National Petroleum Reserve set new financial and industry participation records, with 430 bids

    0 comments on Federal NPR-A lease sale hits record for revenues and tracts receiving bids
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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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