Saturday, Jan 31, 2026

The World of Petroleum and Bitumen

The January 2026 Issue of WPB Journal

The January 2026 Issue of WPB Journal

MAGAZINES

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New EU sanctions against Iran

According to WPB, the latest European compliance notice on restrictive measures related to Iran arrives at a moment when the Middle East’s industri...

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Asian Refinery Decisions on Heavy Feedstocks and Their Expanding Reach Across Infrastructure Markets

According to WPB, Recent operational decisions taken by major refineries across Asia are beginning to register well beyond regional boundaries, with ...

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Examining the military role of the French Navy in recent developments in the Mediterranean Sea

According to WPB, Recent developments in European maritime enforcement are beginning to register far beyond regional waters, with implications extend...

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From Domestic Strain to Market Impact: Iran’s Ripple Effect on Energy Markets

According to WPB, Recent developments in Iran, coinciding with the implementation of a new round of U.S. restrictions on energy trade, have drawn int...

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China's import tariff policy in 2026

According to WPB, China’s decision to lower import tariffs on hundreds of products starting in 2026 carries implications that extend across global ...

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A Tanker Under Surveillance in Europe Highlights the Strategic Position of Iran, Russia and Venezuela's Trade

According to WPB, In early January 2026, heightened surveillance of a single oil tanker near European waters underscored the interconnected roles of ...

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Arrest of Venezuela Leader and Political Implications for Oil and Bitumen Trade

According to WPB, Nicolás Maduro was reportedly captured and removed from Venezuela on January 3, 2026 following a U.S. military operation, with U.S...

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Geopolitical Uncertainty Involving Iran Puts Bitumen Markets on Alert

According to WPB, Heightened risk of renewed confrontation involving Iran, as well as broader instability across the Middle East, matters to the glob...

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Analysis of North Sea Energy Policies at the Global Level

According to WPB, Developments in the North Sea hydrocarbon basin continue to exert a measurable influence on global energy-linked materials, includi...

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Authorities Launch Regulatory Review After Fuel Incident in Nishinomiya, Japan

According to WPB, Regulatory actions initiated in Nishinomiya in mid-December 2025 have triggered a wider policy discussion that extends well beyond ...

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Caracas, Venezuela — A U.S. Operation That Halted a Heavy Crude Shipment Has Raised Concerns Over Bitumen Feedstock Availability in Multiple Regions

According to WPB, on 10 December 2025, the United States moved to seize a very large crude carrier transporting Venezuelan oil in waters near the Car...

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Nightfall on Khor Mor -Iraq, Ripple in Global Energy Chains

According to WPB, The skies above Iraq’s Kurdish region were rent by night time explosions on 26 November 2025, when a covert drone strike targeted...

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Global Energy Realignment Triggered by a Quiet Cairo–Eni Encounter

According to WPB, in late November 2025, an unassuming meeting in Cairo quietly set in motion a chain of geopolitical and industrial consequences tha...

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Global Oil Demand Approaches Peak as Supply Expansion Reshapes Market Dynamics

According to WPB, the global oil market is approaching a transformative period characterized by the simultaneous plateauing of demand and rapid expan...

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Geopolitical Reset and Energy Market Dynamics – October 2025 Analysis

WPB's perspective is that October 2025 was dominated by the shadow of restored geopolitical tensions, especially following the E3 led a diplomatic ef...

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UN Snapback Sanctions and Their Implications on Energy and Bitumen Markets

WPB states that the reinstatement of the United Nations "snapback" provision on September 27, 2025, has once again put Iran in the whole range of nuc...

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A delegation from India has once again urged Washington to allow oil imports from Iran or Venezuela as a way to compensate for the decline in oil imports from Russia

The delegation, who had traveled to Washington for discussions with U.S. authorities, repeated the same request, a source present at the negotiations...

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Recent Impacts of the UN General Assembly in the United States: Volatility in the Bitumen, Petroleum Products, and Oil Markets

The current UN General Assembly, which is scheduled to continue until September 29 in the United States, has attracted significant international inte...

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What is Snapback? Bitumen Market Analysis and Price Forecast after Snapback

The snapback mechanism, as outlined in Resolution 2231 (JCPOA), gives the signatories to the agreement, in the event of a "serious breach" of Iran's ...

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Trump Shifts Strategy: Eases Stance on Iran to Attract Chinese Energy Trade

According to WPB, President Donald Trump has revealed a significant shift in his approach toward Iran and China. In a post on Truth Social, he stated...

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