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  • EIA: US crude oil inventories up 500,000 bbl

    EIA: US crude oil inventories up 500,000 bbl

    April 16th, 2025

    US crude oil inventories for the week increased by 500,000 bbl from the previous week, according to US EIA

    0 comments on EIA: US crude oil inventories up 500,000 bbl
  • Sinopec, Aramco to add major petrochemical capacity at Yanbu complex

    Sinopec, Aramco to add major petrochemical capacity at Yanbu complex

    April 12th, 2025

    The Yanbu refinery expansion project aims to enhance integrated refining and petrochemical synergies at the site to help competitively

    0 comments on Sinopec, Aramco to add major petrochemical capacity at Yanbu complex
  • Shell concludes sale of Singapore downstream refining, chemicals park

    Shell concludes sale of Singapore downstream refining, chemicals park

    April 11th, 2025

    Shell has completed the sale of its interest in subsidiary Shell Singapore Pte. Ltd.’s integrated refining and petrochemical operations

    0 comments on Shell concludes sale of Singapore downstream refining, chemicals park
  • US Midwest set for major SAF output growth

    US Midwest set for major SAF output growth

    April 11th, 2025

    Operators are increasingly turning to sites in the US Midwest to boost commercial production of sustainable aviation fuel (SAF).

    0 comments on US Midwest set for major SAF output growth
  • 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
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LATEST SECTOR NEWS

  • FT CANS™ technology: Revolutionising sustainable aviation fuel production
  • Verde Clean Fuels suspends Permian basin GTG project
  • Renewables
  • Expand board moves on from CEO Dell’Osso
  • EnQuest secures extension for Block 12W offshore Vietnam

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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