Friday, Sep 25, 2026

The World of Petroleum and Bitumen

The August 2026 Issue of WPB Journal

The August 2026 Issue of WPB Journal

MAGAZINES

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Standard Bitumen Aging Tests May Underestimate UV Damage, New Study Finds

According to WPB, new research suggests that one of the most widely used laboratory approaches for simulating long-term bitumen aging may underestimate the severity of degradation occurring near the surface of real asphalt pavements. The s...

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Iraq Offers 2 Million Barrels of Basrah Heavy via Oman STS as Delivery Shifts Outside Hormuz

According to WPB, Iraq has launched a prompt tender for 2 million barrels of Basrah Heavy crude to be delivered through a ship-to-ship transfer near ...

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Kazakhstan’s CASPI BITUM Raises Road Bitumen Output Nearly 50% as Shipments Surge

According to WPB, Kazakhstan’s CASPI BITUM has sharply increased both production and deliveries of road bitumen in 2026, providing one of the clear...

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Middle East VG30 and VG40 Bitumen Move Toward Daily FOB Benchmarks

According to WPB, the Middle East bitumen market is moving closer to having dedicated daily FOB price references for bulk VG30 and VG40, a step that ...

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Moscow Refinery Shutdown Puts 1.3 Million-Tonne Bitumen Source at Risk

According to WPB, the shutdown of Gazprom Neft’s Moscow refinery has created a direct new risk for Russia’s bitumen supply chain, because the sit...

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U.S. Proposes $10 Billion Gulf Energy Rebuild Fund to Reduce Reliance on Hormuz

According to WPB, the United States has proposed a new investment fund that could eventually mobilize around $10 billion to rebuild damaged Middle Ea...

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