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  • Global refinery margins fall to multiyear seasonal lows in September

    Global refinery margins fall to multiyear seasonal lows in September

    October 16th, 2024

    According to the US EIA, global refinery margins have been below their 5-year averages since this spring, with further

    0 comments on Global refinery margins fall to multiyear seasonal lows in September
  • Producers Midstream to relocate existing gas processing system assets to Delaware basin

    Producers Midstream to relocate existing gas processing system assets to Delaware basin

    October 11th, 2024

    The first phase is expected to be in-service by second-quarter 2025.

    0 comments on Producers Midstream to relocate existing gas processing system assets to Delaware basin
  • North Dakota approves permit for Cerilon’s proposed GTL complex

    North Dakota approves permit for Cerilon’s proposed GTL complex

    October 11th, 2024

    Cerilon received regulatory approval on the final siting permit required for the operator's plan to build a GTL plant

    0 comments on North Dakota approves permit for Cerilon’s proposed GTL complex
  • EIA: US crude inventories up 5.8 million bbl

    EIA: US crude inventories up 5.8 million bbl

    October 9th, 2024

    US crude oil inventories for the week ended Oct. 4, excluding the Strategic Petroleum Reserve, increased by 5.8 million

    0 comments on EIA: US crude inventories up 5.8 million bbl
  • Marathon lets Equatorial Guinea contract to Petrofac

    Marathon lets Equatorial Guinea contract to Petrofac

    October 9th, 2024

    Marathon Oil Corp. has let a master service agreement to Petrofac Ltd. for work in Equatorial Guinea.

    0 comments on Marathon lets Equatorial Guinea contract to Petrofac
  • Real-time GOM storm tracking estimates production loss

    Real-time GOM storm tracking estimates production loss

    October 9th, 2024

    Tropical cyclones pose a great risk to human life and cause massive disruptions to hydrocarbon production in the Gulf

    0 comments on Real-time GOM storm tracking estimates production loss
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M5C 1P1
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LATEST SECTOR NEWS

  • OGJ Crack Spread
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  • 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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