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  • Vista Energy increases reserves by 57% and production by 59% in 2025

    Vista Energy increases reserves by 57% and production by 59% in 2025

    February 12th, 2026

    Vista Energy increased reserves and production through acquisitions and new wells online in Argentina's Vaca Muerta basin.

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  • ADNOC’s XRG to acquire equity stake in Southern Gas Corridor

    ADNOC’s XRG to acquire equity stake in Southern Gas Corridor

    February 12th, 2026

    ADNOC's XRG is strengthening its international presence by acquiring a stake in Azerbaijan's Southern Gas Corridor, a key pipeline

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  • IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices

    IEA lowers 2026 oil demand forecast on economic uncertainty, higher prices

    February 12th, 2026

    Oil prices surged in early 2026 due to supply disruptions from weather, sanctions, and geopolitical tensions, but recent negotiations

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  • EIA: US crude inventories up 8.5 million bbl

    EIA: US crude inventories up 8.5 million bbl

    February 11th, 2026

    At 428.8 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of

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  • Marathon Petroleum posts year-over-year rebound in quarterly net income

    Marathon Petroleum posts year-over-year rebound in quarterly net income

    February 10th, 2026

    Marathon Petroleum posted an increase in year-over-year net income to $4.0 billion, driven by strong refining margins and operational

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  • EIA: Global crude oil prices to decline through 2026 and 2027

    EIA: Global crude oil prices to decline through 2026 and 2027

    February 10th, 2026

    The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing

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201 City Centre Drive
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L5B 2T4
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G2 4BG
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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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