Friday, Nov 15, 2024

The World of Petroleum and Bitumen

Road Construction Stalls as Forex Fluctuations Drive 150% Increase in Bitumen Costs

Many road construction projects in Nigeria are facing delays or have come to a halt, largely due to the sharp rise in bitumen prices spurred by forei...

LEARN MORE

Kazakhstan may bring in as much as 500,000 tonnes of bitumen from Russia in 2024, as reported by the Energy Ministry in Astana.

According to ministry sources, Kazakhstan has the capacity to produce 1.2 million tonnes of bitumen annually, though real output falls short due to l...

LEARN MORE

Greenvale Energy’s Alpha Torbanite Project Shows Promise for Premium C170 Bitumen Production

• Greenvale Energy has demonstrated that with additional adjustments, its Alpha Torbanite resource can yield premium C170-grade bitumen. • Test...

LEARN MORE

Optimize Bitumen Testing With The Lyza 7000 FTIR Spectrometer

Anton Paar introduces the Lyza 7000 FTIR spectrometer, an innovative device designed to enhance the efficiency and precision of bituminous binder ana...

LEARN MORE

Bulawayo-Victoria Falls Road: we Rely On Bitumen World

Bitumen World has become a widely recognized name in Matabeleland North province(in Western Zimbabwe) after the recent announcement of its partnershi...

LEARN MORE

Ocean Petro Gulf to manage bitumen terminal in Jafza

Ocean Petro Gulf (OPG), a trading company based in Dubai, has taken on the operation of an oil products and bitumen storage terminal in the Jebel Ali...

LEARN MORE

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...

LEARN MORE

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...

LEARN MORE

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...

LEARN MORE

BRO and IOCL discuss improving road infrastructure in Northeast India

Harendra Kumar, Additional Director General (ADG) of the Border Roads Organisation (BRO) for the Eastern Zone, announced that around 33,327.64 KL of ...

LEARN MORE

India Poised to Contribute 35% to Global Energy Demand Growth in the Next Decades

“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...

LEARN MORE

Several strategies to eliminate Iran's crude oil selling

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...

LEARN MORE

Hungary accuses EU of blackmail over Russian petroleum imports

Hungary's Foreign Minister has accused the European Commission of blackmail regarding the blocked petroleum supply to Hungary and Slovakia.

LEARN MORE

Saudi Arabia's economy shrinks due to reduced petroleum activity

Saudi Arabia's Gross Domestic Product (GDP) contracted in the second quarter of this year due to an 8.5% decline in petroleum activities.

LEARN MORE

US petroleum exports to India surpass those from Russia

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...

LEARN MORE

Saudi Arabia collaborates with Chinese solar companies

Saudi Arabia, in its efforts to boost renewable energy production, has entered into joint ventures with Chinese solar companies, amounting to approxi...

LEARN MORE

Turkey ready to increase gas exports to Europe

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.

LEARN MORE

Wind and solar power surpasses fossil fuels in Europe

In the first half of 2024, the production of electricity using wind and solar power in Europe outpaced electricity generation from fossil fuels.

LEARN MORE

World's largest petroleum market appears disappointing

Petroleum imports to Asia in the first half of 2024 slightly declined contrary to expectations, primarily due to reduced purchases by China.

LEARN MORE

Will OPEC Plus crack down on cheaters?

Some members of OPEC Plus, particularly Iraq, Kazakhstan, and Russia, continue to produce more petroleum than their allotted quotas, despite their co...

LEARN MORE