Wednesday, Oct 16, 2024

The World of Petroleum and Bitumen

Shell broadens its bitumen market reach to Vietnam

Additionally, the company is looking to boost profits by completing the installation of a hydrogen unit, which will enable the refinery to handle a broader range of crude oils, particularly the more affordable "sour" types. This upgrade is...

OIL AND PETROLEUM

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September 2024 Oil Market Overview

- Global oil demand growth is experiencing a marked slowdown. The gains in the first half of 2024 amounted to 800,000 barrels per day (kb/d) year-on-...

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Container Volumes Rise at Key Japanese Ports

Yokohama, however, showed steady improvement, seeing a 3.4% growth to 237,988 TEUs, with exports climbing to 126,093 TEUs (up 4.9%) and imports incre...

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Shipping Industry Trends: A September 2024 Overview

The shipping sector has seen notable transformations throughout 2024, presenting both new possibilities and obstacles. As container demand continues ...

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GOIL's Managing Director calls for end to bitumen import tax exemptions, advocating for local production

To maximize the benefits from the newly launched bitumen processing facility in Tema, located in the Greater Accra region, the CEO and Group Managing...

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AI in Shipping and Logistics: A Revolutionary Shift

The Future of AI in Shipping and Logistics While challenges exist, the future of AI in shipping and logistics is promising. As AI technology advan...

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European Bitumen Modifier Market Set to Reach USD 2.27 Billion by 2034 with 4.5% Annual Growth Rate

The European market for bitumen modifiers is projected to expand from USD 1.46 billion in 2024 to USD 2.27 billion by 2034. Over this time frame, the...

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