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  • IEA: Mounting supply disruptions rapidly depleting inventories

    IEA: Mounting supply disruptions rapidly depleting inventories

    May 14th, 2026

    Disruptions in Middle Eastern LPG exports and reduced refinery runs have tightened global propane and butane markets, while US

    0 comments on IEA: Mounting supply disruptions rapidly depleting inventories
  • Phoenix Energy ramps Williston basin operations in first quarter

    Phoenix Energy ramps Williston basin operations in first quarter

    May 14th, 2026

    Phoenix Energy accelerated its Williston basin development in early 2026, with 22 wells brought into production and record oil

    0 comments on Phoenix Energy ramps Williston basin operations in first quarter
  • German government intervenes to save PCK Schwedt refinery

    German government intervenes to save PCK Schwedt refinery

    May 14th, 2026

    The government is extending employment protections at the Schwedt refinery by 6 months to ensure stability amid disrupted Russian

    0 comments on German government intervenes to save PCK Schwedt refinery
  • Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery

    Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery

    May 14th, 2026

    One fully operational, the new plant will be able to produce up to 61 million gal/year of renewable fuels,

    0 comments on Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery
  • QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters

    QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters

    May 12th, 2026

    The agreement involves technical reviews of Syria's offshore Block 3 in the Levantine basin, aiming to assess its potential

    0 comments on QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters
  • QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters

    QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters

    May 12th, 2026

    The agreement involves technical reviews of Syria's offshore Block 3 in the Levantine basin, aiming to assess its potential

    0 comments on QatarEnergy signs MoU to evaluate oil and gas potential in eastern Mediterranean waters
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LATEST SECTOR NEWS

  • Strait of Hormuz closure highlights US, global energy security vulnerabilities: API
  • JPMorgan conference notes: COO says EOG will ‘continue to be explorationist’
  • UAE’s OPEC exit highlights strategic value of Fujairah exports amid Strait of Hormuz disruption
  • Chevron to build gas-fired West Texas power plant, supply Microsoft
  • Comstock farms out minority interest in midstream subsidiary for $600 million

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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