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  • ConocoPhillips plans year-over-year production increase, $12.9-billion capex

    ConocoPhillips plans year-over-year production increase, $12.9-billion capex

    February 6th, 2025

    ConocoPhillips’s earnings were down year-over-year, but increased production. For 2025, the company expects production to grow even more on

    0 comments on ConocoPhillips plans year-over-year production increase, $12.9-billion capex
  • WoodMac: US oil tariffs on Canada, Mexico would impact North American crude flows

    WoodMac: US oil tariffs on Canada, Mexico would impact North American crude flows

    February 6th, 2025

    US oil tariffs enacted by the Trump administration on Canada and Mexico would lead to a ‘significant shift in

    0 comments on WoodMac: US oil tariffs on Canada, Mexico would impact North American crude flows
  • ExxonMobil, Indonesia sign MoU for potential petrochemical complex development

    ExxonMobil, Indonesia sign MoU for potential petrochemical complex development

    February 4th, 2025

    ExxonMobil has signed an MoU with the Indonesian government to explore investment in a petrochemical complex in Indonesia with

    0 comments on ExxonMobil, Indonesia sign MoU for potential petrochemical complex development
  • CVR Energy begins turnaround at Kansas refinery following winter storm damage

    CVR Energy begins turnaround at Kansas refinery following winter storm damage

    February 4th, 2025

    CVR Energy's 132,000-b/d Coffeyville, Kan., refinery sustained damage to its naphtha hydrotreater during freezing weather conditions.

    0 comments on CVR Energy begins turnaround at Kansas refinery following winter storm damage
  • Calumet reports delay in government loan for Montana renewable fuels plant

    Calumet reports delay in government loan for Montana renewable fuels plant

    January 29th, 2025

    Calumet subsidiary Montana Renewables confirmed that the first tranche of a loan previously approved by the US DOE for

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  • ANP to unify two presalt fields offshore Brazil

    ANP to unify two presalt fields offshore Brazil

    January 28th, 2025

    The National Agency of Petroleum, Natural Gas and Biofuels (ANP) will unify Berbigão and Sururu fields in concession BM-S-11A

    0 comments on ANP to unify two presalt fields offshore Brazil
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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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