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  • YPF signs $75-million farm-out for Aguada del Chañar block exploration

    YPF signs $75-million farm-out for Aguada del Chañar block exploration

    March 31st, 2025

    State-owned YPF SA signed a $75-million deal with Compañía General de Combustibles for hydrocarbon exploration in Argentina’s Neuquén province. 

    0 comments on YPF signs $75-million farm-out for Aguada del Chañar block exploration
  • GeoPark to divest certain assets in Colombia, Brazil

    GeoPark to divest certain assets in Colombia, Brazil

    March 31st, 2025

    The sales are part of a plan to reduce costs that also includes an evaluation of strategic options for

    0 comments on GeoPark to divest certain assets in Colombia, Brazil
  • SOTE pipeline rupture triggers one of Ecuador’s largest oil spills

    SOTE pipeline rupture triggers one of Ecuador’s largest oil spills

    March 28th, 2025

    On Mar. 13, 2025, a rupture occurred along a section of Ecuador’s state-owned Sistema de Oleoducto Transecuatoriano near El

    0 comments on SOTE pipeline rupture triggers one of Ecuador’s largest oil spills
  • Tariffs continue to roil oil markets

    Tariffs continue to roil oil markets

    March 28th, 2025

    Oil prices neared $70 after the Trump administration announced 25% “secondary” tariffs to be imposed on buyers of Venezuelan

    0 comments on Tariffs continue to roil oil markets
  • Infinity Natural Resources plans capex ramp, greater gas emphasis

    Infinity Natural Resources plans capex ramp, greater gas emphasis

    March 28th, 2025

    The midpoint of the newly public company’s production guidance for 2025 is up nearly 40% from last year’s average.

    0 comments on Infinity Natural Resources plans capex ramp, greater gas emphasis
  • Peoria Resources lands equity commitment from JAPEX

    Peoria Resources lands equity commitment from JAPEX

    March 28th, 2025

    Peoria aims to pursue acquisition and development of operated oil and natural gas assets in the US Lower 48

    0 comments on Peoria Resources lands equity commitment from JAPEX
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
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LATEST SECTOR NEWS

  • OGJ Crack Spread
  • Eni, partners start construction of Malaysian biorefinery
  • Lotte starts operation of new $4-billlion Indonesian petrochemical complex
  • Aramco seals partnership deal for Jafurah gas development
  • America’s energy resurgence fuels national security

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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