Friday, May 09, 2025

The World of Petroleum and Bitumen

The April Issue Of WPB Journal

The April Issue Of WPB Journal

MAGAZINES

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Tariffs, Trade Shifts, and the Decline of China–U.S. Shipping: A Turning Point in Global Logistics

According to WPB, At the start of 2025, the international shipping sector is grappling with major disruptions following the Trump administration’s ...

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Venezuela Urgently Seeks Increased Oil Sales to China Amid Mounting Pressure

Venezuela’s critical oil sector is deteriorating, and the root cause extends far beyond internal issues like broken-down facilities or ongoing admi...

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Global Self-Healing Asphalt Market Expected to Grow from $3.9 Billion in 2024 to $7.5 Billion by 2034

The self-healing asphalt industry is on track to witness substantial expansion, with market value projected to nearly double from $3.9 billion in 202...

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Bill Gates’ Carbon-Absorbing Asphalt Begins Real-World Use

Roughly a year ago, Bill Gates visited the Seattle headquarters of Modern Hydrogen — an environmental tech venture he’s backed — and lent a han...

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Nigeria Adopts New Approaches to Boost LNG Industry

With global liquefied natural gas (LNG) capacity expected to surge from 486 million tonnes annually in 2023 to 755 million tonnes by 2030, Africa is ...

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Hapag-Lloyd Secures Sustainable Financing for $4 Billion Container Vessel Program

In a significant step toward decarbonizing its operations, Hapag-Lloyd AG has secured long-term green financing for the procurement of 24 technologic...

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Advanced Physicochemical Compatibility Analysis of Bio-Derived Additives and Petroleum Bitumen Through Solubility Parameter Methodologies

As environmental imperatives grow increasingly urgent due to climate change and resource depletion, the construction industry—particularly the pavi...

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Sinopec and Saudi Aramco Unit Form $4 Billion Joint Venture

China’s state-owned energy giant Sinopec has entered into an agreement with a subsidiary of Saudi Aramco to establish a new joint venture, with a r...

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Iran and Russia Strengthen Their Energy Ties

Energy collaboration between Iran and Russia has expanded, with Russian firms signing agreements to develop Iranian oilfields and both sides engaging...

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Espad Darya Paya’s Support for Rescue Teams and Victims of Shahid Rajaee Port Incident

According to Espad Darya Paya’s Public Relations Department, following the tragic incident at Shahid Rajaee Port, the company has expressed its sym...

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First Bitumen Produced at Modernized Kazakhstan Plant Linked to China

After completing modernization efforts, the Aktau Bitumen Plant, operated by Caspi Bitum—a joint venture where KazMunayGas (a subsidiary of Samruk-...

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Singapore launched digital bunkering starting April 1, 2025

Following its pioneering move in 2017 to use mass flow metering for custody transfers, the Port of Singapore has taken another major step by official...

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Turkey Pursues Energy Ventures in Bulgaria, Iraq, and Libya Amid Broader Regional Aspirations

Turkey is actively engaging in discussions to initiate oil and gas exploration in Bulgaria, with parallel efforts underway for similar projects in Ir...

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Germany’s bauma 2025 Showcases CO₂-Free Asphalt Production Using 100% Green Hydrogen

At the recently concluded bauma 2025 trade fair in Germany, Benninghoven introduced a groundbreaking solution for sustainable asphalt production. Unv...

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Indonesia Proposes $10 Billion in Extra U.S. Energy Imports Amid Tariff Talks

In a bid to persuade Washington to ease a proposed 32% tariff on its exports, Indonesia—the largest economy in Southeast Asia—is preparing to off...

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Iran China Bitumen Exhibition: A Unique Opportunity for Direct Engagement with Iran’s Bitumen Industry

For the first time, the Iran Bitumen Association is organizing a large-scale and specialized exhibition titled Iran China Bitumen Exhibition, set to ...

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How Asphalt Firms Leverage Social Platforms for Expansion, Recruitment, and Public Outreach

Social media is far from a passing trend; it’s an essential instrument that asphalt production and paving businesses rely on daily. These platforms...

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Smart Ports of the Future

As the maritime sector undergoes continuous transformation, ports worldwide are embracing advanced technologies to boost their operational efficiency...

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Vienna Tests New Asphalt Mixtures to Combat Summer Heat

Vienna is increasingly preparing for the fight against so-called heat islands—urban areas where asphalt surfaces heat up quickly.

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Hongkong Post to Suspend U.S.-Bound Surface Shipments Over New Tariffs

Hongkong Post has announced it will suspend shipping goods to the United States via surface mail in response to newly imposed U.S. tariffs. This incl...

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