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  • Tower Resources farms out offshore Africa licenses

    Tower Resources farms out offshore Africa licenses

    January 10th, 2025

    Tower Resources PLC executed two farm-out agreements and associated documentation with Prime Global Energies Ltd. for minority, non-operated interests

    0 comments on Tower Resources farms out offshore Africa licenses
  • US imposes toughest sanctions yet on Russia’s oil industry

    US imposes toughest sanctions yet on Russia’s oil industry

    January 10th, 2025

    The US took its strongest actions yet to slash Russian oil and gas revenues by sanctioning two oil companies,

    0 comments on US imposes toughest sanctions yet on Russia’s oil industry
  • EIA: US crude inventories down 1.0 million bbl

    EIA: US crude inventories down 1.0 million bbl

    January 10th, 2025

    US crude oil inventories for the week ended Jan. 3 decreased by 1.0 million bbl from the previous week,

    0 comments on EIA: US crude inventories down 1.0 million bbl
  • Howard Energy Partners acquires ethylene pipeline from EPIC Midstream

    Howard Energy Partners acquires ethylene pipeline from EPIC Midstream

    January 10th, 2025

    Howard Energy Partners (HEP), San Antonio, Tex., closed on a purchase of EPIC Midstream Holdings LP’s ethylene pipeline through

    0 comments on Howard Energy Partners acquires ethylene pipeline from EPIC Midstream
  • Morningstar: Cautiously optimistic outlook for midstream sector in 2025

    Morningstar: Cautiously optimistic outlook for midstream sector in 2025

    January 9th, 2025

    The outlook for the pipeline and midstream sector in 2025 is neutral to modestly positive, according to investment research

    0 comments on Morningstar: Cautiously optimistic outlook for midstream sector in 2025
  • Equinor lets subsea contract for Fram Sør

    Equinor lets subsea contract for Fram Sør

    January 9th, 2025

    Equinor has let a contract for a FEED study with an EPCI option to Subsea 7 SA for work

    0 comments on Equinor lets subsea contract for Fram Sør
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201 City Centre Drive
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Mississauga, Ontario
L5B 2T4
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RemNOx Suites
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Glasgow
G2 4BG
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Mississauga, Ontario
L5B 2T4
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Share Registrars
Marrelli Trust Company Limited
82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • OGJ Crack Spread
  • Eni, partners start construction of Malaysian biorefinery
  • Lotte starts operation of new $4-billlion Indonesian petrochemical complex
  • Trump administration advances first offshore lease sales mandated under the OBBBA
  • Oil prices consolidate on mixed signals

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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