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  • Occidental output hurt by Gulf outage, helped by Permian productivity

    Occidental output hurt by Gulf outage, helped by Permian productivity

    May 9th, 2024

    Higher capital spending in this year's second quarter will set the stage for production growth in second-half 2024.

    0 comments on Occidental output hurt by Gulf outage, helped by Permian productivity
  • Vital targets near-record production ahead of second-half slowdown

    Vital targets near-record production ahead of second-half slowdown

    May 9th, 2024

    Vital Energy expects to operate four drilling rigs, run two completions crews, and turn in-line 24 wells in the

    0 comments on Vital targets near-record production ahead of second-half slowdown
  • Shell inks deal to divest integrated Singapore refining, chemical assets

    Shell inks deal to divest integrated Singapore refining, chemical assets

    May 8th, 2024

    Shell PLC has entered a deal to sell the entirety of its interest in subsidiary Shell Singapore Pte. Ltd.’s

    0 comments on Shell inks deal to divest integrated Singapore refining, chemical assets
  • Biden administration finalizes strict methane reporting standards

    Biden administration finalizes strict methane reporting standards

    May 7th, 2024

    The US EPA finalized tougher methane reporting standards that could increase the number of oil and gas companies that

    0 comments on Biden administration finalizes strict methane reporting standards
  • US resumes SPR refills as crude prices slip below $80/bbl

    US resumes SPR refills as crude prices slip below $80/bbl

    May 7th, 2024

    The US Department of Energy is resuming Strategic Petroleum Reserve purchases, with new deliveries beginning in October.

    0 comments on US resumes SPR refills as crude prices slip below $80/bbl
  • ExxonMobil advances Uaru field work with FPSO integration contract

    ExxonMobil advances Uaru field work with FPSO integration contract

    May 6th, 2024

    ExxonMobil contractor Offshore Frontier Solutions, a Modec Group company, signed Seatrium for an FPSO topsides integration contract for work

    0 comments on ExxonMobil advances Uaru field work with FPSO integration contract
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82 Richmond Street
East Toronto, Ontario
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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