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  • 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
  • Civitas signs deals to sell certain DJ basin assets for $215 million

    Civitas signs deals to sell certain DJ basin assets for $215 million

    May 6th, 2024

    The company’s first-quarter production totaled 336,000 boe/d, balanced almost evenly between the Permian and DJ basins.

    0 comments on Civitas signs deals to sell certain DJ basin assets for $215 million
  • Azule Energy enters Namibian Orange basin

    Azule Energy enters Namibian Orange basin

    May 3rd, 2024

    Azule Energy, a 50-50 joint venture between Eni and bp PLC, farmed into the Namibian Orange basin by acquiring

    0 comments on Azule Energy enters Namibian Orange basin
  • NSTA offers 31 more licenses in oil, gas licensing round

    NSTA offers 31 more licenses in oil, gas licensing round

    May 3rd, 2024

    The North Sea Transition Authority has offered a further 31 licenses of 88 blocks and part blocks in the

    0 comments on NSTA offers 31 more licenses in oil, gas licensing round
  • IEA: Bearish prices to dampen overall US dry gas production in 2024

    IEA: Bearish prices to dampen overall US dry gas production in 2024

    May 3rd, 2024

    After full-year production growth of 4% in 2023 and an all-time monthly production high in December 2023, US production

    0 comments on IEA: Bearish prices to dampen overall US dry gas production in 2024
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L5B 2T4
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G2 4BG
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L5B 2T4
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Share Registrars
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82 Richmond Street
East Toronto, Ontario
M5C 1P1
Canada

LATEST SECTOR NEWS

  • Oil prices ride the Iran seesaw
  • Turkish Petroleum, Chevron sign MoU for joint oil and gas exploration
  • Shell Offshore lets subsea intervention contract
  • TotalEnergies, Petrobras acquire interest in block offshore Namibia
  • Valero’s refining segment drives higher 2025 earnings

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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