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  • Oil jumps 5% as Hormuz tanker attacks escalate, US Gulf hurricane shuts in production

    Oil jumps 5% as Hormuz tanker attacks escalate, US Gulf hurricane shuts in production

    October 8th, 2026

    Market volatility increased as geopolitical tensions in the Middle East and hurricane preparations in the US Gulf led to

    0 comments on Oil jumps 5% as Hormuz tanker attacks escalate, US Gulf hurricane shuts in production
  • Crescent Energy to acquire Eagle Ford assets from Devon for $4.2 billion

    Crescent Energy to acquire Eagle Ford assets from Devon for $4.2 billion

    October 8th, 2026

    Following a series of acquisitions since June 2023, Crescent Energy said it will become the second-largest Eagle Ford producer

    0 comments on Crescent Energy to acquire Eagle Ford assets from Devon for $4.2 billion
  • LNG market tightens into winter as Europe pulls US cargoes, China reopens contract talks

    LNG market tightens into winter as Europe pulls US cargoes, China reopens contract talks

    October 7th, 2026

    New capacity outside the Middle East offsets some losses, but inventories remain low, raising winter risk concerns.

    0 comments on LNG market tightens into winter as Europe pulls US cargoes, China reopens contract talks
  • Energy Transfer expands Delaware basin footprint with $2.625 billion deal

    Energy Transfer expands Delaware basin footprint with $2.625 billion deal

    October 7th, 2026

    Vaquero owns a 300-mile pipeline network and a natural gas processing complex with 675 MMcfd capacity in the Texas

    0 comments on Energy Transfer expands Delaware basin footprint with $2.625 billion deal
  • Chevron restructures Bakken midstream agreements, transfers Hess Midstream stake

    Chevron restructures Bakken midstream agreements, transfers Hess Midstream stake

    October 7th, 2026

    Executives said the restructuring will lower Chevron's Bakken cost structure while positioning Hess Midstream as an independent multibasin operator.

    0 comments on Chevron restructures Bakken midstream agreements, transfers Hess Midstream stake
  • Cenovus to build oil sands business via Athabasca acquisition

    Cenovus to build oil sands business via Athabasca acquisition

    October 6th, 2026

    The planned CAN$5.7 billion purchase would add about 45,000 boe/d of production, the majority of which will be close

    0 comments on Cenovus to build oil sands business via Athabasca acquisition
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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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