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  • Matador to drop rig, cut $100 million from 2025 capex budget

    Matador to drop rig, cut $100 million from 2025 capex budget

    April 24th, 2025

    Executives have trimmed their full-year production forecast by more than 2% to about 200,000 boe/d.

    0 comments on Matador to drop rig, cut $100 million from 2025 capex budget
  • Interior policy change aims to increase US offshore production

    Interior policy change aims to increase US offshore production

    April 24th, 2025

    The DOI is implementing a policy change that is expected to increase US Gulf output by about 10%. 

    0 comments on Interior policy change aims to increase US offshore production
  • GeoPark names Bayon to succeed Ocampo as CEO

    GeoPark names Bayon to succeed Ocampo as CEO

    April 24th, 2025

    GeoPark has appointed Felipe Bayon as its new chief executive officer and a member of the company board of

    0 comments on GeoPark names Bayon to succeed Ocampo as CEO
  • US sanctions Chinese refinery for buying Iranian oil

    US sanctions Chinese refinery for buying Iranian oil

    April 18th, 2025

    The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of

    0 comments on US sanctions Chinese refinery for buying Iranian oil
  • IEA: Global oil market faces setback amid trade tensions

    IEA: Global oil market faces setback amid trade tensions

    April 17th, 2025

    The global oil market is feeling the impact of intensifying trade tensions and a softening economic outlook, prompting a

    0 comments on IEA: Global oil market faces setback amid trade tensions
  • Crude Imports by Country of Origin

    Crude Imports by Country of Origin

    April 16th, 2025

    Post Content

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LATEST SECTOR NEWS

  • Opinion Poll: Iran war resets LNG market risk perceptions
  • Neuquén bid round aims to expand Vaca Muerta’s frontier areas with new operators
  • McKinsey: Sustained, coordinated investment required to unlock Vaca Muerta’s potential
  • TA’ZIZ partnership secures financing for Ruwais methanol plant
  • Chevron prepares Vaca Muerta investment plan valued over $10 billion

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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