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  • Wood Mackenzie: North Sea upstream investment fall while production remains flat

    Wood Mackenzie: North Sea upstream investment fall while production remains flat

    January 22nd, 2026

    Norway's focus on accelerating projects and maintaining gas supply are critical for European energy security, while the UK's consolidated

    0 comments on Wood Mackenzie: North Sea upstream investment fall while production remains flat
  • PBF extends timeline for Martinez refinery’s full restart

    PBF extends timeline for Martinez refinery’s full restart

    January 9th, 2026

    Initially targeted by April 2025 and subsequently pushed back to yearend-2025, a return to normal operations at the 157,000-b/d

    0 comments on PBF extends timeline for Martinez refinery’s full restart
  • BPCL lets contracts for expansions at Bina, Mumbai refineries

    BPCL lets contracts for expansions at Bina, Mumbai refineries

    January 9th, 2026

    The expansion projects include upgrades, such as a dual-feed cracker and a new PRFCC as part of a larger

    0 comments on BPCL lets contracts for expansions at Bina, Mumbai refineries
  • Aramco lets offshore field contracts to Saipem

    Aramco lets offshore field contracts to Saipem

    December 30th, 2025

    The contracts include a 32-month EPCI project for pipelines at Berri and Abu Safah, and a 12-month subsea intervention

    0 comments on Aramco lets offshore field contracts to Saipem
  • Baytex Energy sets $550-625 million capex for 2026, emphasizing core Canadian assets

    Baytex Energy sets $550-625 million capex for 2026, emphasizing core Canadian assets

    December 30th, 2025

    Baytex's 2026 exploration and development efforts will target new wells in Pembina Duvernay and Mannville.

    0 comments on Baytex Energy sets $550-625 million capex for 2026, emphasizing core Canadian assets
  • Revolution Resources acquires Oklahoma assets from Amplify Energy

    Revolution Resources acquires Oklahoma assets from Amplify Energy

    December 30th, 2025

    The asset sales are part of Amplify Energy's plan to streamline operations, focusing on core assets in California and

    0 comments on Revolution Resources acquires Oklahoma assets from Amplify Energy
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L5B 2T4
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
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LATEST SECTOR NEWS

  • Oil prices ride the Iran seesaw
  • Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration
  • Shell Offshore lets subsea intervention contract
  • TotalEnergies, Petrobras acquire interest in block offshore Namibia
  • Valero’s refining segment drives higher 2025 earnings

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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