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  • Shell Offshore lets subsea intervention contract

    Shell Offshore lets subsea intervention contract

    February 6th, 2026

    The $25-50 million contract involves DOF's North American team managing project execution, engineering, and vessel services to deliver chemical

    0 comments on Shell Offshore lets subsea intervention contract
  • TotalEnergies, Petrobras acquire interest in block offshore Namibia

    TotalEnergies, Petrobras acquire interest in block offshore Namibia

    February 6th, 2026

    TotalEnergies and Petrobras have acquired interests in an 11,000 sq km offshore exploration block in Namibia's Lüderitz basin.

    0 comments on TotalEnergies, Petrobras acquire interest in block offshore Namibia
  • Valero’s refining segment drives higher 2025 earnings

    Valero’s refining segment drives higher 2025 earnings

    February 6th, 2026

    Valero's 2025 results show a spike in earnings, fueled by record refining throughput, strong margins, and improved mechanical availability,

    0 comments on Valero’s refining segment drives higher 2025 earnings
  • ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”

    February 5th, 2026

    The operator is focused on modest organic growth and plans to cut capex by nearly $600 million versus year

    0 comments on ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”
  • Shell reports fourth-quarter profit drop but sustains shareholder returns

    Shell reports fourth-quarter profit drop but sustains shareholder returns

    February 5th, 2026

    Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator maintained

    0 comments on Shell reports fourth-quarter profit drop but sustains shareholder returns
  • EIA: US crude inventories down 3.5 million bbl

    EIA: US crude inventories down 3.5 million bbl

    February 5th, 2026

    At 420.3 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of

    0 comments on EIA: US crude inventories down 3.5 million bbl
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201 City Centre Drive
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Mississauga, Ontario
L5B 2T4
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FORTecXEco Suites
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Glasgow
G2 4BG
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Legal Advisors
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Mississauga, Ontario
L5B 2T4
Canada

Share Registrars
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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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