Saturday, Aug 30, 2025

The World of Petroleum and Bitumen

The August Issue of WPB Journal

The August Issue of WPB Journal

MAGAZINES

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Large Purchasers of Russian Fuel Oil: Saudi Arabia and India Take the Lead

WPB reports that Moscow has been sending the majority of its fuel oil and vacuum gasoil (VGO) to Asian and Middle Eastern destinations, as Western na...

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Gradual Growth Forecast of Africa's Natural Bitumen and Asphalt Market Up to 2035

The African natural bitumen and asphalt market is expected to exhibit a modest upward growth in the next decade, but the pace of growth remains kept ...

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South Korea Embarks on Restructuring Petrochemical Operations Amid Oversupply Challenges

South Korea has initiated a far-reaching restructuring program in the petrochemicals sector, inviting top domestic producers to cut capacity in the m...

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All About Bitumen Prices

Bitumen is considered one of the strategic commodities in the economy of Asia—a product on which everything from road paving in Iran and India to p...

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India to Advance Maritime Sector with Special Space-Based Technology

The Indian Government is considering launching a dedicated satellite system or using a specialized transponder to improve its maritime sector, accord...

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Spain's Valencian Region Introduces Noise-Reducing Bitumen Mixture Asphalt on the CV-35

WPB states that the government of the Valencian region in Spain has embarked on a massive resurfacing exercise of the CV-35 highway, combining infras...

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Central Asian Bitumen Market ,Mid-August 2025

WPB analysis indicates the Central Asian bitumen market in mid-August 2025 had varied price trends in Kazakhstan, Uzbekistan, and Russia. Kazakhstan ...

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India Expands Maritime Development Fund to Finance International Shipbuilding Plans

According to WPB, the Government of India has decided to substantially raise the planned Maritime Development Fund (MDF) to as high as €70,000 cror...

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Lower Crude Prices Knock India's Largest Oil Firm

India's largest oil and natural gas exploration and production company, the state-owned Oil and Natural Gas Corporation Limited (ONGC), reported a sh...

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Recycled Plastics Fuel the Future of High-Performance Asphalt Applications

WPB reports that scientists at the University of Missouri are piloting a strongly viable road building technique—mixing post-consumer polyethylene ...

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Saudi Oil Shipments to China Set to Ease in September as Prices Climb

According to WPB, Saudi Arabia’s crude exports to China are projected to decline in September, following two consecutive months of price increases ...

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Kazakhstan August Road Bitumen Output Likely to Rise, Industry Reports

Kazakhstan's leading road bitumen producers are preparing for a substantial production surge in August, with the combined output estimated at around ...

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Russian Bitumen Market Trends: Diverging Regional Dynamics and Shifting Price Margins

The Russian bitumen market is currently experiencing diverging regional tendencies, with both directions of price movement being contrary to each oth...

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Transforming Cigarette Waste into Resilient Roads: Pioneering Eco-Technology in Spain and Italy

According to WPB, a collaborative scientific breakthrough between the University of Granada in Spain and the University of Bologna in Italy has unvei...

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Denmark Tests Distant Ship Pilotage, Blending Tradition and Digital Innovation

WPB states that Denmark has initiated a groundbreaking pilot scheme allowing maritime pilots to remotely steer ships from shore-based control centers...

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East African Crude Oil Pipeline Presses Ahead to Finish Under Ongoing Controversy

According to Bitumenmag, The East African Crude Oil Pipeline (EACOP), a pipeline linking Uganda's oil reserves with Tanzania's Port of Tanga, is adva...

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Bitumen Market Trends, August 2025

WPB reports that the global bitumen sector is experiencing a complex global picture featuring contrasted demands around the world, shifting global tr...

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India's Fuel Market Records Overall Decline; Bitumen Demand Plummets

WPB indicates India's overall fuel consumption to have recorded a significant decline over the recent period, with bitumen demand also plummeting sig...

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Growth of Chinese Private Oil Companies in Iraq's Petroleum Sector

According to WPB, Iraq's oil industry is being transformed with private Chinese oil companies growing their investments and operational footprint alo...

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US Sanctions Reshape SeaLead's Business Model

According to WPB, Singapore container shipping line SeaLead has made a significant adjustment in the way it does business following the addition of s...

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