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  • US increases financial assurances required by federal offshore oil, gas leaseholders

    US increases financial assurances required by federal offshore oil, gas leaseholders

    April 15th, 2024

    The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) Apr. 15 increased the financial assurances federal

    0 comments on US increases financial assurances required by federal offshore oil, gas leaseholders
  • IEA trims oil demand prediction due to OECD demand weakness

    IEA trims oil demand prediction due to OECD demand weakness

    April 15th, 2024

    Global oil demand expansion is slowing, with first-quarter 2024 growth at 1.6 million b/d, 120,000 b/d lower than the

    0 comments on IEA trims oil demand prediction due to OECD demand weakness
  • YPF identifies withdrawal areas as it directs focus on Vaca Muerta development

    YPF identifies withdrawal areas as it directs focus on Vaca Muerta development

    April 15th, 2024

    State-owned YPF has formally initiated a process to divest its rights over 55 conventional hydrocarbon areas in Argentina.

    0 comments on YPF identifies withdrawal areas as it directs focus on Vaca Muerta development
  • Next Wave Energy promotes Diamond to COO

    Next Wave Energy promotes Diamond to COO

    April 15th, 2024

    Next Wave Energy Partners has expanded its executive team with two promotions and a new appointment.

    0 comments on Next Wave Energy promotes Diamond to COO
  • Equinor exits operated positions onshore US through asset swap with EQT

    Equinor exits operated positions onshore US through asset swap with EQT

    April 15th, 2024

    Equinor and EQT have agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio

    0 comments on Equinor exits operated positions onshore US through asset swap with EQT
  • ExxonMobil’s Fawley refining complex adding new production units, capacities

    ExxonMobil’s Fawley refining complex adding new production units, capacities

    April 13th, 2024

    ExxonMobil Corp. is progressing with construction of two new production units that, combined, will increase low-carbon fuel supplies to

    0 comments on ExxonMobil’s Fawley refining complex adding new production units, capacities
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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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