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  • Valero’s refining segment drives higher 2025 earnings

    Valero’s refining segment drives higher 2025 earnings

    February 6th, 2026

    Valero's 2025 results show a spike in earnings, fueled by record refining throughput, strong margins, and improved mechanical availability,

    0 comments on Valero’s refining segment drives higher 2025 earnings
  • ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    February 5th, 2026

    The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year

    0 comments on ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”
  • Shell reports fourth-quarter profit drop but sustains shareholder returns

    Shell reports fourth-quarter profit drop but sustains shareholder returns

    February 5th, 2026

    Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator maintained

    0 comments on Shell reports fourth-quarter profit drop but sustains shareholder returns
  • EIA: US crude inventories down 3.5 million bbl

    EIA: US crude inventories down 3.5 million bbl

    February 5th, 2026

    At 420.3 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of

    0 comments on EIA: US crude inventories down 3.5 million bbl
  • Marathon Petroleum partners with Baker Hughes for downstream chemical solutions

    Marathon Petroleum partners with Baker Hughes for downstream chemical solutions

    February 5th, 2026

    Baker Hughes provide digital monitoring tools and various chemicals for 12 refineries and two renewable fuel plants in the

    0 comments on Marathon Petroleum partners with Baker Hughes for downstream chemical solutions
  • Vaalco Energy to sell non-core producing Canadian asset

    Vaalco Energy to sell non-core producing Canadian asset

    February 5th, 2026

    Vaalco Energy is divesting its Canadian assets to fund growth in core areas with "significant drilling campaigns and continued

    0 comments on Vaalco Energy to sell non-core producing Canadian asset
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201 City Centre Drive
Suite 200
Mississauga, Ontario
L5B 2T4
Canada

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FORTecXEco Suites
24 Blythswood Square
Glasgow
G2 4BG
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Legal Advisors
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201 City Centre Drive, Suite 200
Mississauga, Ontario
L5B 2T4
Canada

Share Registrars
Marrelli Trust Company Limited
82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • Klesch Group to acquire bp’s Gelsenkirchen refinery business
  • ADNOC, OMV advance formation of Borouge Group International
  • CNOOC appoints CEO
  • Editorial: The second-best time
  • Rising gasoline prices and their impact on US inflation and economy

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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