Tuesday, Jul 01, 2025

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

Partners

Maritime Carbon Capture Milestone: Shanghai Launches First CO₂ Transfer Between Ships in Open Waters

According to WPB, a major leap in sustainable maritime innovation has been achieved by Shanghai through the world’s first successful ship-to-ship c...

LEARN MORE

Impact of the Iran–Israel Conflict on Global Bitumen Supply and Trade

According to WPB, geopolitical tensions in the Middle East have begun to reshape global dynamics in the bitumen market, influencing supply chains, co...

LEARN MORE

Can Canada Replace Russia as an Oil and Gas Superpower?

According to WPB, Canada possesses significant reserves of oil and natural gas, but currently produces considerably less than Russia.

LEARN MORE

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...

LEARN MORE

Middle East Tensions Shake Oil Markets as Prices Drop Unexpectedly

According to World of Petroleum and Bitumen (WPB), rising hostilities in the Middle East have unsettled global energy markets, yet oil prices have de...

LEARN MORE

Maritime Collision Off UAE Coast Highlights Risks Amid Regional Tensions

According to WPB, a recent maritime accident involving two oil tankers near the Strait of Hormuz has raised fresh concerns over the safety of navigat...

LEARN MORE

Asian Refiners Seek More Term Crude as Regional Tensions Drive Up Spot Premiums

According to WPB, oil refiners across Asia are actively pursuing increased volumes through term contracts, responding to a surge in spot crude premiu...

LEARN MORE

Geopolitical Escalation in the Middle East Triggers Global Oil Shock and Market Volatility

According to WPB, recent military developments in the Middle East have introduced heightened instability to global energy markets. Aerial strikes car...

LEARN MORE

Rising Tensions Threaten Security of the Strait of Hormuz

According to WPB, the Strait of Hormuz has once again come under intense scrutiny due to heightened tensions between Iran and Israel. As a vital arte...

LEARN MORE

India’s BMC Pilots Plastic-Infused Bitumen for Durable Road Repairs in Salt Lake

According to WPB, the Bidhannagar Municipal Corporation (BMC) has initiated a pilot initiative to assess the effectiveness of plastic-infused bitumen...

LEARN MORE

Tehran’s Energy Infrastructure Struck as Israeli Attacks Intensify

According to WPB, a recent wave of Israeli airstrikes has severely impacted Iran’s vital energy infrastructure, with key facilities in the capital ...

LEARN MORE

STRABAG Launches Romania’s Largest Bitumen Emulsion Facility in Crișeni

According to World of Petroleum and Bitumen (WPB), the European construction leader STRABAG has officially opened the largest bitumen emulsion produc...

LEARN MORE

Oil Prices Surge Amid Intensifying Iran-Israel Conflict Over Nuclear Sites

According to WPB, a sharp rise in global oil prices has followed a dramatic escalation in military tensions between Iran and Israel. Israeli forces h...

LEARN MORE

Japan Resumes Imports of Russian Sakhalin Crude for First Time Since 2023

According to WPB, Japan has recently resumed the importation of Russian-origin crude oil, marking the first such purchase since early 2023. The move ...

LEARN MORE

India: Concerns Raised Over Outsourced Roadwork Despite Operational Municipal Hot-mix Plant

According to WPB, the recent operationalization of Nagpur’s upgraded hot-mix plant has stirred debate following the public works department’s dec...

LEARN MORE

Concerns Rise Over Bitumen-Lined Water Pipes in Hong Kong as Lawmakers Urge Swift Action and Transparency

According to WPB, Hong Kong lawmakers have intensified their demands for the immediate replacement of water pipes coated with bitumen, a substance ba...

LEARN MORE

Malaysia’s Infrastructure-Driven Bitumen Demand Surge: Can Supply Keep Pace with National Development Goals?

According to WPB, Malaysia’s bitumen market is undergoing a period of significant transformation driven by a surge in infrastructure investments. T...

LEARN MORE

Transforming Agricultural Waste into Sustainable Road Infrastructure: Brazil’s Bagasse Ash Innovation

According to WPB, Brazil is pioneering a new path in sustainable road construction by integrating sugarcane waste into asphalt production. In a bold ...

LEARN MORE

Crude Oil Price Decline Challenges Profit Margins and Investment Plans in Energy Sector

According to WPB, the oil and gas sector is currently navigating a period of financial strain, as global crude prices hover in the low $60 range per ...

LEARN MORE

Red Sea Shipping Instability: Strategic and Security Challenges Intensify in June

According to WPB, the Red Sea remains a vital maritime corridor, serving as a nexus point for global trade, energy transportation, and international ...

LEARN MORE

Partners