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  • OPEC+ postpones oil output hikes, prolongs cuts into 2026

    OPEC+ postpones oil output hikes, prolongs cuts into 2026

    December 5th, 2024

    OPEC+ will delay the start of oil output increases by another 3 months—pushing the timeline to April 2025—while also

    0 comments on OPEC+ postpones oil output hikes, prolongs cuts into 2026
  • Nigeria’s NNPCL restarts Port Harcourt refinery

    Nigeria’s NNPCL restarts Port Harcourt refinery

    December 5th, 2024

    Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for Port Harcourt Refining Co.

    0 comments on Nigeria’s NNPCL restarts Port Harcourt refinery
  • bp awards EPC contract extension for gas assets in Oman

    bp awards EPC contract extension for gas assets in Oman

    December 4th, 2024

    bp plc has let a 3-year contract extension to Special Technical Services Worley Integrated Solutions to provide engineering, procurement,

    0 comments on bp awards EPC contract extension for gas assets in Oman
  • Global natural gas balance may tighten first-quarter 2025

    Global natural gas balance may tighten first-quarter 2025

    November 27th, 2024

    If Europe and Asia experience colder temperatures this winter than in the past 2 years or other operational and

    0 comments on Global natural gas balance may tighten first-quarter 2025
  • TotalEnergies farms out additional interests in Orange basin blocks offshore Namibia

    TotalEnergies farms out additional interests in Orange basin blocks offshore Namibia

    November 25th, 2024

    TotalEnergies has agreed to farm-out additional interests in an exploration asset offshore Namibia to QatarEnergy.

    0 comments on TotalEnergies farms out additional interests in Orange basin blocks offshore Namibia
  • EQT forms $3.5-billion midstream joint venture with Blackstone

    EQT forms $3.5-billion midstream joint venture with Blackstone

    November 25th, 2024

    The JV aids in debt reduction plans EQT committed to following its Equitrans acquisition earlier this year. 

    0 comments on EQT forms $3.5-billion midstream joint venture with Blackstone
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M5C 1P1
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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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