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  • Several moving parts create oil market chaos

    Several moving parts create oil market chaos

    March 7th, 2025

    Multiple factors took crude prices on a rollercoaster this week highlighted by on-again/off-again tariff decisions by US President Trump.

    0 comments on Several moving parts create oil market chaos
  • Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix

    Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix

    March 7th, 2025

    Ascent Resources eyes full-year production of 2.05-2.15 bcfed and liquids growth to 15% of the overall mix at the

    0 comments on Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix
  • Trump revokes Chevron’s Venezuelan oil-export license

    Trump revokes Chevron’s Venezuelan oil-export license

    March 3rd, 2025

    “Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office

    0 comments on Trump revokes Chevron’s Venezuelan oil-export license
  • Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator

    Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator

    March 3rd, 2025

    Vaalco will operate the block, carrying partners through the seismic reprocessing and interpretation stages and potentially drilling two exploration

    0 comments on Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator
  • Oil prices fall as economic fears override bullish signals

    Oil prices fall as economic fears override bullish signals

    February 28th, 2025

    Crude prices are lower as the Trump administration’s tariff plans are front-and-center on the minds of traders.

    0 comments on Oil prices fall as economic fears override bullish signals
  • EOG executives target 6% growth in 2025

    EOG executives target 6% growth in 2025

    February 28th, 2025

    Capital spending will be flat from last year but the Utica, Dorado, and international projects are getting more funding.

    0 comments on EOG executives target 6% growth in 2025
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • OGJ Crack Spread
  • Eni, partners start construction of Malaysian biorefinery
  • 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

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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