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  • Biden administration places 13 million NPR-A acres off limits to drilling

    Biden administration places 13 million NPR-A acres off limits to drilling

    April 19th, 2024

    The Biden administration on Apr. 19 banned oil and gas drilling on 13.3 million acres in the National Petroleum

    0 comments on Biden administration places 13 million NPR-A acres off limits to drilling
  • Kinder Morgan net income up 10% year-over-year

    Kinder Morgan net income up 10% year-over-year

    April 19th, 2024

    Kinder Morgan Inc.’s (KMI) first-quarter 2024 net income increased to $746 million, up from $679 million in first-quarter 2023

    0 comments on Kinder Morgan net income up 10% year-over-year
  • Biden administration reinstates oil sanctions on Venezuela

    Biden administration reinstates oil sanctions on Venezuela

    April 18th, 2024

    Six months after it suspended sanctions on exports of Venezuelan oil and investments in the country’s oil and gas

    0 comments on Biden administration reinstates oil sanctions on Venezuela
  • EIA: US LNG to lead continued natural gas export growth

    EIA: US LNG to lead continued natural gas export growth

    April 18th, 2024

    The US Energy Information Administration’s most recent Short-Term Energy Outlook forecast that US LNG exports will continue to lead

    0 comments on EIA: US LNG to lead continued natural gas export growth
  • Petrobras to divest Cherne, Bagre field interests

    Petrobras to divest Cherne, Bagre field interests

    April 18th, 2024

    A Perenco SA subsidiary has agreed to acquire Cherne and Bagre field interests from Petrobras for $10 million.

    0 comments on Petrobras to divest Cherne, Bagre field interests
  • bp makes executive team changes

    bp makes executive team changes

    April 18th, 2024

    bp is making changes to its executive team and simplifying its organizational structure, the company said Apr. 18.

    0 comments on bp makes executive team changes
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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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