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  • US, India head for standoff over Russian oil purchases

    US, India head for standoff over Russian oil purchases

    August 5th, 2025

    India’s foreign ministry said in a statement that “the targeting of India is unjustified and unreasonable.” The ministry stated

    0 comments on US, India head for standoff over Russian oil purchases
  • OPEC+ boosts production amid rising market uncertainty

    OPEC+ boosts production amid rising market uncertainty

    August 5th, 2025

    On Sunday Aug. 3rd, OPEC+ announced an increase in oil production by 547,000 b/d effective September 2025, marking a

    0 comments on OPEC+ boosts production amid rising market uncertainty
  • ExxonMobil delivers record second-quarter upstream production

    ExxonMobil delivers record second-quarter upstream production

    August 1st, 2025

    ExxonMobil's second-quarter earnings declined to $7.1 billion due to lower oil prices, but the operator achieved record upstream production.

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  • As Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow

    As Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow

    August 1st, 2025

    Leaders also are sticking to Hess’ capex and production pace and expect to generate merger savings more quickly than

    0 comments on As Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow
  • US EPA to delay methane rules on oil, gas drilling by 18 months

    US EPA to delay methane rules on oil, gas drilling by 18 months

    July 31st, 2025

    The agency will delay for 18 months the implementation of new limits on methane emissions from oil and gas

    0 comments on US EPA to delay methane rules on oil, gas drilling by 18 months
  • Shell reports $4.3 billion in second-quarter 2025 adjusted earnings

    Shell reports $4.3 billion in second-quarter 2025 adjusted earnings

    July 31st, 2025

    The operator's adjusted earnings are down from $5.6 billion in the previous quarter, as lower energy prices and softer

    0 comments on Shell reports $4.3 billion in second-quarter 2025 adjusted earnings
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L5B 2T4
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L5B 2T4
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • Transco’s 1.6-bcfd SSE expansion receives FERC approval
  • US BOEM advances lease sales in Gulf, Cook Inlet; eyes California
  • Syrian Petroleum signs MOU with Chevron for development offshore
  • Baker & O’Brien US Gross Refining Margins
  • TÜPRAŞ İzmir refinery upgrading sulfur recovery with ERGIL condensers

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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