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      • Dr John W. Sutherlin PhD
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  • Whitecap Resources, Veren to merge in C$15-billion deal

    Whitecap Resources, Veren to merge in C$15-billion deal

    March 10th, 2025

    Whitecap Resources and Veren have agreed to merge to form a large Western Canadian light oil and condensate producer.

    0 comments on Whitecap Resources, Veren to merge in C$15-billion deal
  • Several moving parts create oil market chaos

    Several moving parts create oil market chaos

    March 7th, 2025

    Multiple factors took crude prices on a rollercoaster this week highlighted by on-again/off-again tariff decisions by US President Trump.

    0 comments on Several moving parts create oil market chaos
  • Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix

    Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix

    March 7th, 2025

    Ascent Resources eyes full-year production of 2.05-2.15 bcfed and liquids growth to 15% of the overall mix at the

    0 comments on Ascent Resources plans steady 2025 production, slight rise in liquids in overall mix
  • Trump revokes Chevron’s Venezuelan oil-export license

    Trump revokes Chevron’s Venezuelan oil-export license

    March 3rd, 2025

    “Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office

    0 comments on Trump revokes Chevron’s Venezuelan oil-export license
  • Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator

    Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator

    March 3rd, 2025

    Vaalco will operate the block, carrying partners through the seismic reprocessing and interpretation stages and potentially drilling two exploration

    0 comments on Vaalco acquires majority interest in Côte D’Ivoire block, becomes operator
  • Oil prices fall as economic fears override bullish signals

    Oil prices fall as economic fears override bullish signals

    February 28th, 2025

    Crude prices are lower as the Trump administration’s tariff plans are front-and-center on the minds of traders.

    0 comments on Oil prices fall as economic fears override bullish signals
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Share Registrars
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
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LATEST SECTOR NEWS

  • Valero’s refining segment drives higher 2025 earnings
  • ConocoPhillips CEO on mergers and acquisitions: “Been there, done that”
  • Shell reports fourth-quarter profit drop but sustains shareholder returns
  • EIA: US crude inventories down 3.5 million bbl
  • Marathon Petroleum partners with Baker Hughes for downstream chemical solutions

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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