Wednesday, Jun 25, 2025

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

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Middle East Tensions Shake Oil Markets as Prices Drop Unexpectedly

According to World of Petroleum and Bitumen (WPB), rising hostilities in the Middle East have unsettled global energy markets, yet oil prices have de...

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Maritime Collision Off UAE Coast Highlights Risks Amid Regional Tensions

According to WPB, a recent maritime accident involving two oil tankers near the Strait of Hormuz has raised fresh concerns over the safety of navigat...

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Asian Refiners Seek More Term Crude as Regional Tensions Drive Up Spot Premiums

According to WPB, oil refiners across Asia are actively pursuing increased volumes through term contracts, responding to a surge in spot crude premiu...

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Geopolitical Escalation in the Middle East Triggers Global Oil Shock and Market Volatility

According to WPB, recent military developments in the Middle East have introduced heightened instability to global energy markets. Aerial strikes car...

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Rising Tensions Threaten Security of the Strait of Hormuz

According to WPB, the Strait of Hormuz has once again come under intense scrutiny due to heightened tensions between Iran and Israel. As a vital arte...

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India’s BMC Pilots Plastic-Infused Bitumen for Durable Road Repairs in Salt Lake

According to WPB, the Bidhannagar Municipal Corporation (BMC) has initiated a pilot initiative to assess the effectiveness of plastic-infused bitumen...

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Tehran’s Energy Infrastructure Struck as Israeli Attacks Intensify

According to WPB, a recent wave of Israeli airstrikes has severely impacted Iran’s vital energy infrastructure, with key facilities in the capital ...

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STRABAG Launches Romania’s Largest Bitumen Emulsion Facility in Crișeni

According to World of Petroleum and Bitumen (WPB), the European construction leader STRABAG has officially opened the largest bitumen emulsion produc...

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Oil Prices Surge Amid Intensifying Iran-Israel Conflict Over Nuclear Sites

According to WPB, a sharp rise in global oil prices has followed a dramatic escalation in military tensions between Iran and Israel. Israeli forces h...

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Japan Resumes Imports of Russian Sakhalin Crude for First Time Since 2023

According to WPB, Japan has recently resumed the importation of Russian-origin crude oil, marking the first such purchase since early 2023. The move ...

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India: Concerns Raised Over Outsourced Roadwork Despite Operational Municipal Hot-mix Plant

According to WPB, the recent operationalization of Nagpur’s upgraded hot-mix plant has stirred debate following the public works department’s dec...

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Concerns Rise Over Bitumen-Lined Water Pipes in Hong Kong as Lawmakers Urge Swift Action and Transparency

According to WPB, Hong Kong lawmakers have intensified their demands for the immediate replacement of water pipes coated with bitumen, a substance ba...

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Malaysia’s Infrastructure-Driven Bitumen Demand Surge: Can Supply Keep Pace with National Development Goals?

According to WPB, Malaysia’s bitumen market is undergoing a period of significant transformation driven by a surge in infrastructure investments. T...

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Transforming Agricultural Waste into Sustainable Road Infrastructure: Brazil’s Bagasse Ash Innovation

According to WPB, Brazil is pioneering a new path in sustainable road construction by integrating sugarcane waste into asphalt production. In a bold ...

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Crude Oil Price Decline Challenges Profit Margins and Investment Plans in Energy Sector

According to WPB, the oil and gas sector is currently navigating a period of financial strain, as global crude prices hover in the low $60 range per ...

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Red Sea Shipping Instability: Strategic and Security Challenges Intensify in June

According to WPB, the Red Sea remains a vital maritime corridor, serving as a nexus point for global trade, energy transportation, and international ...

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LNG-Powered Bitumen Carrier Strengthens McAsphalt’s Fleet and Sustainability Goals

According to WPB, McAsphalt Industries, a prominent Canadian producer and supplier of asphalt and bitumen, has recently added a cutting-edge LNG-fuel...

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British Asphalt Group Leads the Charge with Live Asphalt Emissions Monitoring

According to WPB, a major leap toward achieving net-zero emissions has been made in the UK highways sector as the British company Asphalt Group pione...

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Forecasting Climate-Driven Bitumen Performance Requirements in Iran Using Prophet Time Series Modeling

Bitumen is a critical material in road construction, and its performance is highly sensitive to temperature changes. As climate change intensifies, u...

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Shipping Giants Reshape Global Trade Routes as Industry Transforms

According to WPB, the global maritime industry is witnessing a profound reconfiguration of its operational landscape, driven by evolving trade polici...

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