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  • Longer-term supply impacts and US-China meeting rally crude prices

    Longer-term supply impacts and US-China meeting rally crude prices

    May 15th, 2026

    Chinese tankers were given passage through the Strait of Hormuz recently, while US President Donald Trump was in Beijing

    0 comments on Longer-term supply impacts and US-China meeting rally crude prices
  • ENEOS to buy Chevron’s stake in Singapore refinery, other regional assets

    ENEOS to buy Chevron’s stake in Singapore refinery, other regional assets

    May 15th, 2026

    Japan’s ENEOS Holdings Inc. has entered deals with indirect subsidiaries of Chevron to acquire the latter’s equity interest in

    0 comments on ENEOS to buy Chevron’s stake in Singapore refinery, other regional assets
  • IEA: Mounting supply disruptions rapidly depleting inventories

    IEA: Mounting supply disruptions rapidly depleting inventories

    May 14th, 2026

    Disruptions in Middle Eastern LPG exports and reduced refinery runs have tightened global propane and butane markets, while US

    0 comments on IEA: Mounting supply disruptions rapidly depleting inventories
  • Phoenix Energy ramps Williston basin operations in first quarter

    Phoenix Energy ramps Williston basin operations in first quarter

    May 14th, 2026

    Phoenix Energy accelerated its Williston basin development in early 2026, with 22 wells brought into production and record oil

    0 comments on Phoenix Energy ramps Williston basin operations in first quarter
  • Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery

    Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery

    May 14th, 2026

    One fully operational, the new plant will be able to produce up to 61 million gal/year of renewable fuels,

    0 comments on Hawaii Renewables commissions plant at Par Pacific’s Kapolei refinery
  • German government intervenes to save PCK Schwedt refinery

    German government intervenes to save PCK Schwedt refinery

    May 14th, 2026

    The government is extending employment protections at the Schwedt refinery by 6 months to ensure stability amid disrupted Russian

    0 comments on German government intervenes to save PCK Schwedt refinery
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LATEST SECTOR NEWS

  • Comstock farms out minority interest in midstream subsidiary for $600 million
  • Equinor aims to boost oil, gas production to 2.3 MMboe/d by 2030
  • bp appoints Birrel to lead upstream segment in newly organized structure
  • Insights: PETEX and in-person petroleum learning in the age of AI
  • From Strait of Hormuz disruption to energy market realignment

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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