Sunday, Dec 22, 2024

The World of Petroleum and Bitumen

What the Oil and Gas Industry Seeks from Trump and How He Could Fulfill Their Agenda

The oil and gas sector has presented a detailed agenda for President-elect Donald Trump to consider.

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H-Line Embraces AI Navigation Technology on 30 Vessels – A Development in South Korea

H-Line Shipping, a prominent South Korean shipowning firm, plans to integrate autonomous navigation technology into a fleet of up to 30 ships.

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China and U.S. Steer 2025 Oil Market Outlook

Uncertainty over oil demand growth is expected to linger beyond 2024, accompanied by concerns over potential price declines.

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HPCL Approves Rs 4,679 Crore Lube Modernization Project

Hindustan Petroleum Corporation Ltd (HPCL) has given the green light to a “lube modernization and bottoms upgradation” project to be carried out ...

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Canada’s McAsphalt Partners with REV LNG for First LNG-Powered Bitumen Carrier

REV LNG, a prominent energy services provider, has successfully completed its inaugural liquefied natural gas (LNG) refuelling operation for McAsphal...

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Transforming Shipping Services to Address Contemporary Needs

WPB: The shipping sector continues to undergo significant transformation. With rising consumer expectations and the rapid advancement of technology, ...

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Oman to Initiate Negotiations with BP, Shell on New LNG Project

WPB: The development of Oman’s next liquefied natural gas (LNG) facility depends on securing private investments from leading global energy firms.

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Saudi Arabia and OPEC+ Prepare for Turbulence Amid Trump’s New Oil Strategy

Trump has been openly critical of OPEC, Saudi Arabia’s policies, and China’s growing influence in the region.

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Nigeria’s Port Harcourt Refinery Embarks on Petroleum Product Export Journey

The recently refurbished Port Harcourt refinery in Nigeria has officially begun exporting refined petroleum products, marking a significant milestone...

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Russian Oil Exports to China via Kazakhstan Show Stability in 2024

Russian oil exports to China through Kazakhstan’s pipeline system have remained steady throughout 2024, according to data from KazTransOil, Kazakhs...

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Road Bitumen Sales Climb After 12-Year Decline

For the first time in over a decade, the UK’s Road Emulsion Association (REA) has recorded a rise in the production, distribution, and application ...

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Saudi Arabia Gains Ground in Asian Oil Market as Russian Exports Decline

Saudi Arabia has managed to reclaim a portion of its oil market share in Asia, the largest oil-importing region globally, as its crude exports increa...

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SteelPhalt: A Pioneer in Sustainable Asphalt Reveals Its Renewed Brand Identity

SteelPhalt, a subsidiary of Harsco Environmental recognized worldwide for its eco-friendly asphalt innovations, has introduced a refreshed brand iden...

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Bitumen Plant Proposal Under Review in Bulawayo city (Zimbabwe)

The Bulawayo City Council is currently examining a proposal from Tendy Tree Investment (TTI), a vehicle parking management firm, to set up a bitumen ...

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GP Petroleums Secures Rs 223 Crore Contract from HPCL for Bulk Bitumen Supply

GP Petroleums Ltd has successfully obtained a contract to provide bulk bitumen to Hindustan Petroleum Corporation Ltd (HPCL), as revealed in a regula...

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China’s Key Shale Oil Site Surpasses 1 Million Tons in Annual Output

The first national-level shale oil demonstration site in China, situated in the Xinjiang Uygur autonomous region, has achieved an annual production m...

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Seafarer Shortage Poses a Major Challenge for the Shipping Industry

The global shipping sector is grappling with a significant lack of qualified seafarers, which has triggered a series of issues including falsified re...

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Pakistan’s Petroleum Policy Crisis Worsens

Islamabad: Pakistan’s Petroleum Division is facing heightened turmoil as disagreements over gas allocation policies and other key petroleum issues ...

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Czech Republic Ends Reliance on Russian Oil

The Czech Republic will halt imports of Russian oil by July 2025 as part of its strategy to diversify energy sources.

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India’s Effort to Enhance Roads with Plastic Waste Management Units

The Panchayat and Rural Development Department in India is working towards making 80 plastic waste management centers fully functional in the near fu...

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