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  • Petrobras begins REGAP capacity expansion, targets 2027 startup

    Petrobras begins REGAP capacity expansion, targets 2027 startup

    April 13th, 2026

    The company’s $728 million investment aims to increase REGAP’s crude oil processing capacity by up to 50%, produce sustainable

    0 comments on Petrobras begins REGAP capacity expansion, targets 2027 startup
  • SATORP halts processing activities at Jubail refinery

    SATORP halts processing activities at Jubail refinery

    April 13th, 2026

    Saudi Aramco's joint venture refinery in Jubail has temporarily closed units following damage caused by recent incidents amid ongoing

    0 comments on SATORP halts processing activities at Jubail refinery
  • BW Energy granted 25-year extension of license offshore Gabon

    BW Energy granted 25-year extension of license offshore Gabon

    April 7th, 2026

    BW Energy Gabon has received approval to extend the Dussafu Marin production license until 2053, providing long-term visibility for

    0 comments on BW Energy granted 25-year extension of license offshore Gabon
  • EIA: Brent crude to reach $115/bbl in second-quarter 2026

    EIA: Brent crude to reach $115/bbl in second-quarter 2026

    April 7th, 2026

    The agency estimates that Brent crude averaged $103/bbl in March and will climb to a quarterly peak of about

    0 comments on EIA: Brent crude to reach $115/bbl in second-quarter 2026
  • New Height Energy strikes Midland deal to grow output to 5,000 boe/d

    New Height Energy strikes Midland deal to grow output to 5,000 boe/d

    April 6th, 2026

    The 5-year-old venture also has secured a $300 million revolving loan from a group led by Texas Capital.

    0 comments on New Height Energy strikes Midland deal to grow output to 5,000 boe/d
  • Eni secures financing for Sannazzaro biofuels plant

    Eni secures financing for Sannazzaro biofuels plant

    April 6th, 2026

    Eni’s project in Italy's Pavia province involves converting a hydrocracking unit to process waste-based feedstocks, aiming for a capacity

    0 comments on Eni secures financing for Sannazzaro biofuels plant
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LATEST SECTOR NEWS

  • TA’ZIZ partnership secures financing for Ruwais methanol plant
  • OTC speakers say Venezuela reopening hinges on stability, legal clarity
  • OTC speakers say Venezuela reopening hinges on stability, legal clarity
  • Valero’s Port Arthur refinery faces uncertain timeline for diesel hydrotreater rebuild
  • UAE’s TA’ZIZ inks offtake, feedstock deals to anchor chemicals buildout

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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