Bitumen Mining News And Commentary
Sonatrach restarts Skikda bitumen plant after 4-yr halt
The company received a 10,000t cargo of atmospheric straight-run residue from a Mediterranean refiner in recent weeks, enabling bitumen production at Skikda to restart. Sonatrach plans to produce up to 100,000 t/yr of bitumen at Skikda, matching current output at its bitumen unit in Arzew.
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Around the oilpatch this week
MINED BITUMEN OUTPUT REBOUNDS IN FEBRUARY. After a big decline in January, the AER reported a rebound in mined output in February, rising 61,000 bbl/day to 1.69 million bbl/day of bitumen. …
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Government funding boosts Thai bitumen demand | Latest Market News
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Indonesian bitumen demand slips during Ramadan | Latest Market News
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India's 2023 bitumen imports hit highest in 12 years
India's bitumen imports in 2023 rose by about 31pc on the year to touch their highest since at least 2012 as consumption surged to a record high, but domestic production remained steady. ... Mining; Industrial manufacturing; Automotive; Agri-industry; Storage terminals; Solutions. Solutions overview ... The market news and commentary we publish ...
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Bitumen price index: Argus Rotterdam bitumen | Argus Media
Bitumen benchmark prices used as reference in physical spot and term contracts in the Northern European market for standard size cargoes exported fob ARA. ... Mining; Industrial manufacturing; Automotive; Agri-industry; Storage terminals; Solutions. Solutions overview; ... market commentary, news and analysis for global bitumen markets ...
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Refinery works weighed on Turkish bitumen output in Feb
Tupras reportedly made 120,000t of bitumen sales in February, mostly to the domestic market with only around 25,000t of bitumen exported from Izmit that month. One market participant said bitumen produced in January, 176,232t according to EPDK data, was held in stock but sold in February, helping explain the large gap between sales and output.
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ExxonMobil restarts Singapore bitumen plant | Latest Market News
ExxonMobil has restarted bitumen production in Singapore after having idled its unit for almost a year. Bitumen production has been restarted "in response to market conditions", ExxonMobil said today. The company's Singapore unit can produce about 100,000-120,000 t/month of bitumen.
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Limited funding curb Australia's 1H bitumen imports
Australia's bitumen imports in this year's first half fell by 20pc against a year earlier, as state councils cut road construction budgets in the 2023-24 fiscal year ending 30 June. The country imported 385,207t of bitumen during January-June, down from 481,841t a year earlier, according to data from Australia Petroleum Statistics.
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Guven readies new bitumen tanker for Ceyhan exports
Turkish bitumen trading and supply firm Guven Asfalt is to step up its bitumen trading presence in Mediterranean and Black Sea markets with a new bitumen tanker and the start of operations at the 45,000m³ (around 45,000t) capacity Torosport Ceyhan terminal in southeastern Turkey in the coming months.
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Bitumen prices, news and market analysis | Argus Media
The Argus Bitumen service is a must-have for anyone seeking transparent and reliable bitumen prices, news, and expert market intelligence. The Argus Bitumen service …
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Chinese bitumen supplies stay high, weighing on prices
State-controlled Chinese refiners Sinopec and PetroChina have lowered their domestic bitumen prices by 100-200 yuan/t ($15-30/t) across the country this week because of high supplies and lower-than-expected demand.
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Exploring What is Bitumen: A Comprehensive Guide to Its …
Here's Everything You Need to Know Bitumen is the unsung hero of infrastructure, a black, viscous material crucial for paving roads and waterproofing. If you've ever wondered 'what is bitumen?' it's essentially the glue in asphalt and the shield on rooftops. ... nearly 50% is produced using in-situ techniques while surface mining ...
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Argus Bitumen & Asphalt Europe Conference
Argus Bitumen & Asphalt Europe Conference comes to Madrid, Spain, 13-14 May 2024, to explore the latest developments across the European and international bitumen and asphalt markets.
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Guven plans regular bitumen cargo flows into Burgas
The first such railcar shipment, amounting to around 3,000t, reached Floresti at the end of last week after ship-to-railcar transfer at Burgas of the first bitumen cargo moved by Guven from its Black Sea bitumen terminal at Trabzon to the Bulgarian port on board the 4,999 deadweight tonne (dwt) bitumen tanker Sidra, that arrived at Burgas on 22 ...
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Mining versus in-situ: A look at how energy companies are …
As a result, the split between bitumen mining and in-situ bitumen extraction has dramatically shifted over the past 5 years. View fullsize. see live chart → Since 1999, bitumen extraction from mining operations has grown 245%. ... Stay up-to-date on the latest energy news, site updates and interesting reads you may have missed. Delivered …
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bitumen | News, Videos & Articles
Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.
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UK bitumen production at highest since July 2021 | Latest Market News
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Transatlantic bitumen trade comes alive | Latest Market News
Transatlantic bitumen trade comes alive. US demand for southern Europe's surplus bitumen has sharply increased in the last few weeks as the economics to move product …
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Free commodity and energy news and expert opinions to deliver critical changes, new projects and geopolitical events across regions from oil, fuels, agriculture, fertilizers to clean fuels, hydrogen and carbon markets.
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Saudi Aramco to begin bitumen exports from Yanbu
State-controlled Saudi Aramco will begin bitumen cargo exports in June from Yanbu on the Red Sea coast, home to the 400,000 b/d Yasref refinery. The company's base oils arm Luberef, which will handle the export business, plans to ship its first bitumen cargo of around 5,000t from Yanbu at the end of June.
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halts Natref refinery bitumen supply until August
In a letter sent by to its customers today, the firm said it has had no bitumen availability since stocks held at the Natref refinery in burg — South Africa's only remaining bitumen-producing refinery — ran out at the end of April. It said that, as a result of the planned shutdown, it anticipated supplies to resume in August.
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Viewpoint: Bitumen faces supply and demand issues
Changing crude slates at several European refineries and a focus on producing more lucrative oil products will weigh on regional production in 2023, as will a likely demand …
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Debate churns over mining Pacific seabed for green-energy …
On the agenda: the environmental impact of seabed mining. The discussion comes as tech companies seek ways to fuel the green revolution while minimizing …
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Thessaloniki bitumen supply slow after refinery restart
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SMB cuts Abidjan bitumen refinery output by a third
Ivory Coast bitumen producer SMB has cut production at its 520,000 t/yr (10,500 b/d) Abidjan refinery by a third in response to a dramatic fall in construction activity and bitumen import requirements across west Africa.
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Chevron proposes huge investment in bitumen mining, …
The proposed mining and exploitation of bitumen, according to Musa Sada, Minister of Mines and Steel Development, would be undertaken and financed by Chevron Nigeria Limited, a joint venture between Chevron International and Nigerian National Petroleum Corporation (NNPC) as a replacement for crude oil exports.
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Saudi Aramco begins bitumen export operations at Yanbu
This would be the first seaborne bitumen tanker shipment from Saudi Aramco's Yanbu terminal in decades. Luberef had been planning to begin ship-to-truck bitumen exports from the 400,000 b/d Yasref refinery since late June, but logistical snags around establishing a direct connection with a Yanbu jetty and the refinery delayed the efforts.
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Nigeria Nigeria aspires to become regional bitumen hub
Earlier this month, Nigeria's ministry of mines and steel development announced that it is seeking investors for its bitumen exploration blocks, of which it has …
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Swift cartoon hurts young | News, Sports, Jobs
Your choice of publishing the Friday, Sept 13 cartoon commentary by Stiglich was poorly researched and inappropriate. Swift herself is a credible role model who was actually protecting her hacked Instagram and followers (with her political post) from fake political claims and quotes. Her actual post encouraged voting registration. She has a …
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