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  • Petrobras lets subsea vessel contract for work offshore Brazil

    Petrobras lets subsea vessel contract for work offshore Brazil

    February 20th, 2026

    AKOFS Offshore secured the contract to operate the Aker Wayfarer vessel for subsea support activities, starting in September 2027.

    0 comments on Petrobras lets subsea vessel contract for work offshore Brazil
  • US BOEM to hold third Gulf of Mexico lease sale in August

    US BOEM to hold third Gulf of Mexico lease sale in August

    February 20th, 2026

    Scheduled for August 2026, the sale will provide opportunities for oil and gas development on the US Outer Continental

    0 comments on US BOEM to hold third Gulf of Mexico lease sale in August
  • SCOTUS limits presidential tariff authority, injecting new oil and gas industry uncertainty

    SCOTUS limits presidential tariff authority, injecting new oil and gas industry uncertainty

    February 20th, 2026

    Experts suggest the ruling will force the Trump administration to find alternative methods for tariffs, potentially injecting additional uncertainty

    0 comments on SCOTUS limits presidential tariff authority, injecting new oil and gas industry uncertainty
  • EIA: US crude inventories down 9 million bbl

    EIA: US crude inventories down 9 million bbl

    February 19th, 2026

    At 419.8 million bbl, US crude oil inventories are about 5% below the 5-year average for this time of

    0 comments on EIA: US crude inventories down 9 million bbl
  • Caturus Energy advances LNG business through $950-million asset deal with SM Energy

    Caturus Energy advances LNG business through $950-million asset deal with SM Energy

    February 18th, 2026

    The acquisition of Galvan Ranch assets will expand Caturus Energy's Gulf Coast footprint as it works to establish a

    0 comments on Caturus Energy advances LNG business through $950-million asset deal with SM Energy
  • Iraq adds new refining capacity, advances Euro 5 fuels production

    Iraq adds new refining capacity, advances Euro 5 fuels production

    February 17th, 2026

    Iraq's Ministry of Oil has commissioned new refinery projects, increasing fresh crude distillation capacity by 140,000 b/d and upgrading

    0 comments on Iraq adds new refining capacity, advances Euro 5 fuels production
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Canadian Office
201 City Centre Drive
Suite 200
Mississauga, Ontario
L5B 2T4
Canada

Scottish Office
FORTecXEco Suites
24 Blythswood Square
Glasgow
G2 4BG
United Kingdom

Legal Advisors
BLP Law Professional Corporation
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

  • 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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