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  • JAPEX subsidiary acquires oil, gas business of Verdad Resources

    JAPEX subsidiary acquires oil, gas business of Verdad Resources

    February 27th, 2026

    Peoria Resources finalized a deal to acquire Verdad Resources' entire operated oil and gas business.

    0 comments on JAPEX subsidiary acquires oil, gas business of Verdad Resources
  • Co-CEO: Permian Resources sees opportunity in expected divestiture wave

    Co-CEO: Permian Resources sees opportunity in expected divestiture wave

    February 27th, 2026

    “We’re starting to hear rumors and kind of see signs of larger packages coming,” James Walter told analysts, adding

    0 comments on Co-CEO: Permian Resources sees opportunity in expected divestiture wave
  • EIA: US oil inventories up 16 million bbl

    EIA: US oil inventories up 16 million bbl

    February 26th, 2026

    US commercial crude inventories increased to 435.8 million, remaining slightly below the 5-year average, while refinery inputs declined and

    0 comments on EIA: US oil inventories up 16 million bbl
  • EOG keeping production at fourth-quarter levels with $6.5-billion capex plan

    EOG keeping production at fourth-quarter levels with $6.5-billion capex plan

    February 25th, 2026

    Oil production for all of 2026 should be 5% higher than last year. The company’s gas operations in the

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  • Vertex Energy’s Alabama refinery expands base oil production

    Vertex Energy’s Alabama refinery expands base oil production

    February 24th, 2026

    Produced from used motor oil through Vertex’s integrated collection network, the VTX-R6 supports applications requiring greater film thickness, such

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  • Brazos expands Texas Permian cryogenic gas processing network

    Brazos expands Texas Permian cryogenic gas processing network

    February 24th, 2026

    The company’s latest projects include the Sundance complex and the Cassidy complex, along with pipeline expansions, aiming to improve

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L5B 2T4
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M5C 1P1
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LATEST SECTOR NEWS

  • Valero’s Port Arthur refinery faces uncertain timeline for diesel hydrotreater rebuild
  • UAE’s TA’ZIZ inks offtake, feedstock deals to anchor chemicals buildout
  • Norwegian Ministry of Energy sets Sept. 1 applications deadline for blocks in APA 2026
  • ‘If this isn’t the time to grow:’ Diamondback lifts 2026 production, capex targets
  • Jonah Energy expands asset portfolio with $1-billion acquisition in Anadarko Basin

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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