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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Aramco in Talks to Invest in Indian Oil Refineries

Saudi Arabia’s state-owned oil company, Aramco, is in talks to invest in two planned refinery projects in India, according to multiple informed Ind...

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Trade War Becomes a Threat to Oil Demand

The International Energy Agency (IEA) has announced that global oil demand is under pressure due to the intensification of the trade war and the resu...

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How Far Has the Development of Iran’s Joint Oil Fields Progressed?

With substantial investments and the adoption of modern technologies, the development of the Azadegan, Yadavaran, Sepehr, and Jofeir oil fields in th...

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The Highest-Grossing Oil and Gas Companies of 2024

With continuous demand for oil and gas, the leading companies in this sector generate astronomical revenues and play a crucial role in shaping the gl...

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U.S. LNG Imports to China Halted

China has not received a single liquefied natural gas (LNG) shipment from the United States in the past 40 days, and currently, no LNG carriers are o...

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Iranian Oil Shipments to China Persist Despite Intensified U.S. Sanctions

The U.S. government has ramped up its pressure campaign against Iran’s oil exports under the Trump Administration, tightening sanctions in an effor...

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U.S. Set to Intensify Restrictions on Iranian Oil Trade

The Trump Administration is gearing up to enforce U.S. sanctions on Iran’s oil sector with greater rigor, U.S. Secretary of Energy Chris Wright sta...

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Aramco to Purchase 25% Interest in Unioil Petroleum Philippines

Saudi Arabia’s leading oil company, Aramco, is set to establish a presence in the Philippines through another significant downstream investment, re...

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Hot oil boilers: a safe and efficient solution for industrial heating

Industrial boilers are considered the heartbeat of heat transfer systems in various industries.

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Efforts to extend the lifespan of petroleum and gas wells

Experimental Investigation of mechanism of insitu gel polymer containing paramagnetic nanoparticles for water shut-off in oil fields in presence of m...

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Colombian president orders termination of petroleum partnership with U.S. company

Colombian President Gustavo Petro has cancelled the joint venture between the state-owned company Ecopetrol and the American company Occidental Petro...

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China Unveils First Oil Production Vessel with Carbon Capture Technology

China’s COSCO has introduced the first floating vessel designed for oil production and storage that incorporates a carbon capture system.

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Major Iraq deal: BP Puts $25 Billion on the Table

A senior Iraqi petroleum official has predicted that British Petroleum (BP) may invest up to $25 billion over the lifespan of a redevelopment project...

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Saudi Arabia grants Pakistan a one-year extension for petroleum debt payment

Pakistan has signed an agreement with the Saudi Fund for Development to defer the payment of $1.2 billion for petroleumimports from Saudi Arabia by o...

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U.S. Expands Sanctions to Restrict Iran’s Oil Trade with China

The United States has introduced new sanctions aimed at limiting the flow of Iranian oil to China.

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Can Trump Significantly Increase U.S. Oil Output?

Many U.S. oil and gas companies have made it clear that they will not expand production unless prices rise significantly.

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India Urges Middle East for New Crude Oil Pricing Amid Rising Shipping Expenses

India’s major state-owned refiners have urged a Middle Eastern supplier to present alternative pricing options for crude oil.

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Oil Prices Surge to 3-Month High Following New Sanctions on Russia

Oil prices have climbed to their highest levels in three months, driven by the United States imposing stricter sanctions on Russia.

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Fluctuating Oil Prices: A Significant Obstacle for National Oil Companies in 2025

The global energy sector is experiencing a profound shift, with oil and gas continuing to dominate the energy mix, even as renewable energy sources r...

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Middle Eastern Oil Prices Rise as Iranian and Russian Supply Drops

A decline in crude exports from Iran and Russia has driven up the value of Middle Eastern oil, with certain grades now trading at unprecedented premi...

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