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  • IEA trims oil demand prediction due to OECD demand weakness

    IEA trims oil demand prediction due to OECD demand weakness

    April 15th, 2024

    Global oil demand expansion is slowing, with first-quarter 2024 growth at 1.6 million b/d, 120,000 b/d lower than the

    0 comments on IEA trims oil demand prediction due to OECD demand weakness
  • YPF identifies withdrawal areas as it directs focus on Vaca Muerta development

    YPF identifies withdrawal areas as it directs focus on Vaca Muerta development

    April 15th, 2024

    State-owned YPF has formally initiated a process to divest its rights over 55 conventional hydrocarbon areas in Argentina.

    0 comments on YPF identifies withdrawal areas as it directs focus on Vaca Muerta development
  • Next Wave Energy promotes Diamond to COO

    Next Wave Energy promotes Diamond to COO

    April 15th, 2024

    Next Wave Energy Partners has expanded its executive team with two promotions and a new appointment.

    0 comments on Next Wave Energy promotes Diamond to COO
  • Equinor exits operated positions onshore US through asset swap with EQT

    Equinor exits operated positions onshore US through asset swap with EQT

    April 15th, 2024

    Equinor and EQT have agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio

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  • ExxonMobil’s Fawley refining complex adding new production units, capacities

    ExxonMobil’s Fawley refining complex adding new production units, capacities

    April 13th, 2024

    ExxonMobil Corp. is progressing with construction of two new production units that, combined, will increase low-carbon fuel supplies to

    0 comments on ExxonMobil’s Fawley refining complex adding new production units, capacities
  • ExxonMobil reveals mixed plan to shed, shutter French refining, chemical assets

    ExxonMobil reveals mixed plan to shed, shutter French refining, chemical assets

    April 13th, 2024

    Esso Societe Anonyme Francaise (SAF)—a majority owned subsidiary of ExxonMobil—has entered formal discussions for the sale of its 140,000-b/sd

    0 comments on ExxonMobil reveals mixed plan to shed, shutter French refining, chemical assets
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L5B 2T4
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L5B 2T4
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82 Richmond Street
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M5C 1P1
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LATEST SECTOR NEWS

  • Vertex’s Mobile refinery to produce conventional Group III base oils
  • Trace to expand Delaware basin gas processing, pipeline system
  • Strait of Hormuz closure highlights US, global energy security vulnerabilities: API
  • JPMorgan conference notes: COO says EOG will ‘continue to be explorationist’
  • UAE’s OPEC exit highlights strategic value of Fujairah exports amid Strait of Hormuz disruption

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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