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  • Biden moves to limit ANWR oil drilling hours after Trump’s election

    Biden moves to limit ANWR oil drilling hours after Trump’s election

    November 7th, 2024

    The Biden administration indicated it will offer just 400,000 acres during an upcoming oil and gas lease sale in

    0 comments on Biden moves to limit ANWR oil drilling hours after Trump’s election
  • BSEE: 22% of GoM oil production shut-in as Hurricane Rafael moves west

    BSEE: 22% of GoM oil production shut-in as Hurricane Rafael moves west

    November 7th, 2024

    The US Bureau of Safety and Environmental Enforcement updated its monitoring of offshore oil and gas operators in the

    0 comments on BSEE: 22% of GoM oil production shut-in as Hurricane Rafael moves west
  • Field efficiencies drive Permian Resources guidance increase

    Field efficiencies drive Permian Resources guidance increase

    November 7th, 2024

    Executives are sticking to their capex targets for the year despite lifting their output goal to about 341,000 boe/d.

    0 comments on Field efficiencies drive Permian Resources guidance increase
  • ExxonMobil completes purchase of Prosperity FPSO

    ExxonMobil completes purchase of Prosperity FPSO

    November 7th, 2024

    The purchase allows ExxonMobil Guyana to assume ownership of the unit—which is currently operating at Payara, offshore Guyana—while SBM

    0 comments on ExxonMobil completes purchase of Prosperity FPSO
  • Valero confirms completion of Port Arthur SAF project

    Valero confirms completion of Port Arthur SAF project

    November 5th, 2024

    Valero Energy has reached mechanical completion on a large-scale sustainable aviation fuel project at its Diamond Green Diesel Holdings

    0 comments on Valero confirms completion of Port Arthur SAF project
  • INEOS accelerates permanent closure of Canadian production plant

    INEOS accelerates permanent closure of Canadian production plant

    November 5th, 2024

    INEOS Group Ltd. subsidiary INEOS Styrolution Canada Ltd. is expediting the permanent closure of the operator’s 445,000-tonne/year styrene monomer

    0 comments on INEOS accelerates permanent closure of Canadian production plant
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201 City Centre Drive
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L5B 2T4
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G2 4BG
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Mississauga, Ontario
L5B 2T4
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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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