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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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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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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Harendra Kumar, Additional Director General (ADG) of the Border Roads Organisation (BRO) for the Eastern Zone, announced that around 33,327.64 KL of ...
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“If global demand rises by 1%, India’s will grow at three times that rate,” Puri remarked, noting that India's share in the overall increase wi...
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Although addressing crude oil selling has been a priority in recent years, it still persists in the country. Reducing crude oil selling in the petrol...
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Hungary's Foreign Minister has accused the European Commission of blackmail regarding the blocked petroleum supply to Hungary and Slovakia.
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Saudi Arabia's Gross Domestic Product (GDP) contracted in the second quarter of this year due to an 8.5% decline in petroleum activities.
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In June, India's monthly petroleum imports from Russia saw a slight decline, while imports from the US surged to their highest level since February 2...
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Saudi Arabia, in its efforts to boost renewable energy production, has entered into joint ventures with Chinese solar companies, amounting to approxi...
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Turkey is willing to export more gas to the European Union, most of which will be supplied by Azerbaijan, but there is a condition for this.
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In the first half of 2024, the production of electricity using wind and solar power in Europe outpaced electricity generation from fossil fuels.
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Petroleum imports to Asia in the first half of 2024 slightly declined contrary to expectations, primarily due to reduced purchases by China.
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Some members of OPEC Plus, particularly Iraq, Kazakhstan, and Russia, continue to produce more petroleum than their allotted quotas, despite their co...
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The International Monetary Fund (IMF) revised its forecast for Saudi Arabia's economic growth downwards due to the ongoing petroleum production cuts ...
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According to the World of Petroleum and Bitumen Journal, it is important to point out that bitumen is one of the by-products of crude oil refining, w...
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An Iranian knowledge-based company has introduced advanced fire extinguishing systems capable of extinguishing fires in oil tanks, refineries, or oil...
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The Kuwait Oil Company has made a significant petroleum discovery in the Al-Nokhatha field located in the eastern part of Kuwait's Failaka Island, wi...
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Researchers have warned that the rise in sea levels could disrupt the shipping of crude oil and seriously jeopardize energy security in import-depend...
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In the meeting of the Export Commission of Iran’s Chamber of Commerce, while addressing the issues related to returning foreign currency earnings f...
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