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  • Vietnam’s Long Son contracts for ethane conversion project

    Vietnam’s Long Son contracts for ethane conversion project

    April 13th, 2026

    Long Son Petrochemicals is upgrading its complex in Vung Tau City process increased volumes of low-cost ethane alongside its

    0 comments on Vietnam’s Long Son contracts for ethane conversion project
  • 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
  • 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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M5C 1P1
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LATEST SECTOR NEWS

  • 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
  • Chevron to build gas-fired West Texas power plant, supply Microsoft
  • Comstock farms out minority interest in midstream subsidiary for $600 million

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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