Wednesday, Apr 02, 2025

The World of Petroleum and Bitumen

The February issue of WPB Journal

The February Issue of WPB Journal

MAGAZINES

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China’s New Regulations Against Foreign Sanctions Come Into Effect

Chinese Premier Li Qiang has signed an order to implement new regulations aimed at strengthening the country’s countermeasures against foreign sanc...

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China’s Gasoline Exports Plunge to Lowest Level in 12 Years

China’s gasoline exports in February fell to their lowest level since August 2012 due to reduced refinery production and lower profit margins.

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Chevron Paid Millions to Venezuela

Despite a license explicitly prohibiting payments to the Venezuelan government, the Biden administration secretly allowed Chevron to send hundreds of...

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How Would Russia’s Energy Trade Change if Sanctions Are Eased?

As negotiations continue to end the war in Ukraine, the potential easing of sanctions imposed on Russia—particularly in its vast energy sector—is...

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Construction of the Largest Municipal Wastewater Treatment Unit at Tehran Refinery

The CEO of Tehran Refinery announced that the largest industrial water treatment unit at Tehran Refinery is under construction.

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The Invention of a Fuel That Can Replace Fossil Fuels

The first e-methanol produced in Denmark has the potential to replace fossil fuels in heavy transport and aviation.

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The global energy outlook dominated by petroleum and gas

Despite the push for renewable energy, demand for petroleum remains high, highlighting its continued importance in the global energy mix.

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Reducing environmental pollution with oxidative desulfurization catalysts

A knowledge-based Iranian company has successfully localized the production of oxidative desulfurization catalysts for the first time.

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Destruction of energy trade; power struggle between two economic giants intensifies

Following Beijing’s retaliatory response to Donald Trump’s tariffs, trade in crude oil, liquefied natural gas (LNG), and coal between the U.S. an...

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Development of pollutant removal systems from industrial emissions in Iran

A memorandum of understanding has been signed between industrial sectors and a knowledge-based company to design and implement a chemical gas purific...

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January Base Oil Report

The base oil market in 2025 is set to undergo notable transformations, shaped by evolving policies, advancements in technology, shifting demand patte...

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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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Indore Becomes Madhya Pradesh’s First City to Begin White-Topping Road Construction

Indore (Madhya Pradesh): Marking a significant milestone in urban development, Indore has initiated the construction of white-topping roads, replacin...

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ARMA Introduces a New Guide to Boost Low-Slope Asphalt Roofing Recycling

The Asphalt Roofing Manufacturers Association (ARMA) has unveiled a fresh technical bulletin titled “Low-Slope Asphalt Roofing Recycling.”

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What signals did Trump’s victory send to the energy industry?

Donald Trump’s re-election as US president has sparked a surge in petroleum and gas stocks while renewable energy shares experienced declines.

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World’s largest tunnel boring machine in China unveiled

China has unveiled its 5,000-ton heavy-duty tunnel boring machine, known as "Jianghai," which has the largest diameter of its kind.

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US electricity generation becomes more dependent on fossil fuels than China

Since June, the share of fossil fuels in US electricity generation has surpassed that of China, casting doubt on America’s claim to lead the transi...

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Iran expands share in joint oil fields through drilling industry development

The chairman of the board of directors of Iran’s Oil Exploration Operations Company (OEOC) emphasized that boosting production from joint oil field...

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Chinese company signs agreement to develop Iraqi oil field

CNOOC has announced that it has signed an exploration, development, and production agreement with the state-owned Midland Oil Company to explore petr...

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Nigeria Promoted as Leading Energy Investment Hub — Petroleum Minister

Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil), has underscored Nigeria’s substantial potential as a top e...

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