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  • IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices

    IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices

    February 12th, 2026

    Oil prices surged in early 2026 due to supply disruptions from weather, sanctions, and geopolitical tensions, but recent negotiations

    0 comments on IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices
  • EIA: US crude inventories up 8.5 million bbl

    EIA: US crude inventories up 8.5 million bbl

    February 11th, 2026

    At 428.8 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of

    0 comments on EIA: US crude inventories up 8.5 million bbl
  • Marathon Petroleum posts year-over-year rebound in quarterly net income

    Marathon Petroleum posts year-over-year rebound in quarterly net income

    February 10th, 2026

    Marathon Petroleum posted an increase in year-over-year net income to $4.0 billion, driven by strong refining margins and operational

    0 comments on Marathon Petroleum posts year-over-year rebound in quarterly net income
  • EIA: Global crude oil prices to decline through 2026 and 2027

    EIA: Global crude oil prices to decline through 2026 and 2027

    February 10th, 2026

    The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing

    0 comments on EIA: Global crude oil prices to decline through 2026 and 2027
  • Renewables

    Renewables

    February 10th, 2026

    Post Content

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  • Verde Clean Fuels suspends Permian basin GTG project

    Verde Clean Fuels suspends Permian basin GTG project

    February 10th, 2026

    The company completed a front-end engineering study for a GTG plant in Texas but decided to suspend development amid

    0 comments on Verde Clean Fuels suspends Permian basin GTG project
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M5C 1P1
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LATEST SECTOR NEWS

  • Ghana’s TOR proposes expanding Tema refinery to 200,000 b/sd by 2029
  • Neuquén awards eight blocks to expand Vaca Muerta exploration
  • Howard Energy Partners expands Anadarko position with Iron Horse Midstream acquisition
  • Timor GAP to acquire Woodside stake in Greater Sunrise project
  • Ghana’s PHDC advancing Phase 2 of multibillion-dollar downstream petroleum hub

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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