Viewpoint: Asian bitumen to face funding issues in 2024

The terminal currently has a bitumen storage capacity of 11,000t, and can import and export about 350,000 t/yr of oil products. The operatorship agreement also includes an integrated 90,000 t/yr polymer modified bitumen (PMB) plant, drums filling facility and an emulsion plant. The terminal also has a bitumen and PMB testing facility.

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Shell to end bitumen truck flows from two French ports

Shell's withdrawal from bitumen throughput and truck supply arrangements through the Atlantic coast terminals follows the firm's decision earlier this year to cease retail truck supply of bitumen into South Africa. There Shell plans instead to ship bitumen cargoes into the country's ports that will be offered to local importers on a delivered ...

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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 includes assessments for Europe, Africa, the Middle East, and Asia-Pacific, as well as expert commentary on market movements.

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Nigerian currency devaluation hits bitumen market

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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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Lithuanian refinery to halt bitumen output for a month

Bitumen production at Polish firm Orlen's 190,000 b/d Mazeikiai refinery in Lithuania will be halted for around a month from 7 October because of maintenance, according to a source with knowledge of the refinery's operations. ... The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed ...

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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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Bitumen tanker damaged in collision off France | Latest Market News

The 6,189dwt Iver Blessing bitumen tanker will require 1-2 months of repair after a recent collision with a bulker off the French Atlantic port of St Nazaire.. The tanker is in Dutch firm Vroon Group's Iver Ships unit, and an official familiar with the Iver fleet said today the Iver Blessing had suffered significant damage in the 9 August incident. . Aside from minor …

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Tighter supplies lift Singapore trucked bitumen prices

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Asphalt & bitumen prices, news and analysis | Argus Media

Overview. Global bitumen and asphalt spot prices are influenced by changing supply and demand fundamentals, VGO and crude prices. Argus is the only provider of global …

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Works to stop Leuna refinery bitumen output in October

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Shell ends S Africa bitumen truck retail business

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Viewpoint: Bitumen faces supply and demand issues

Europe's bitumen markets face both supply and demand pressures in the year ahead. 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 slippage caused by anticipated cuts in funding for road project work, driven by …

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Viewpoint: European bitumen faces tough year | Latest …

18/12/23. European bitumen markets face another year in the doldrums in 2024 to follow sharp falls in activity in 2022 and 2023, and any chance of economic recovery and a …

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ENVIRONMENTAL: Bitumen skimming to clean up oil sands …

WIMBORNE, Alberta - Environment Recovery Equipment (ERE) has partnered with North American Tailings and Environmental, a division of North American …

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EVs pave the way for bitumen demand growth | Argus Media

The wider adoption of polymer modified bitumen (PMB) grades may help alleviate this issue as PMBs give roads more flexibility and this helps enhance road performance by absorbing traffic vibration. PMB grades command a significant premium to standard road paving grades such as pen 50/70 and 70/100.

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Cepsa wins Galp bitumen tender | Latest Market News

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Nis steps up bitumen, restarts PMB output at Pancevo

Market: Oil products, Petroleum coke. 04/10/24. Serbian refiner Nis has stepped up bitumen production and supply at its 110,000 b/d Pancevo refinery after taking delivery of a cargo …

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BP sells Australian bitumen assets to Puma Energy

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Greece's Thessaloniki refinery slashes bitumen output

Meanwhile, Serbian refiner Nis resumed bitumen production at its 110,000 b/d Pancevo refinery on 8 June after a halt caused by crude supply issues, but the firm will have insufficient bitumen output for truck export shipments for the rest of this month at least. Pancevo received a cargo of Iraqi Basrah Medium crude on 5-6 June.

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African bitumen buyers hit by container rate hikes

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Saudi Aramco begins bitumen export operations at Yanbu

Nis steps up bitumen, restarts PMB output at Pancevo. London, 4 October (Argus) — Serbian refiner Nis has stepped up bitumen production and supply at its 110,000 b/d Pancevo refinery after taking delivery of a cargo of bitumen-rich Iraqi Kirkuk crude. A market participant said the Kirkuk cargo was shipped from a Mideast Gulf loading point.

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UK bitumen production at highest since July 2021 | Latest Market News

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Viewpoint: European bitumen faces tough year | Latest Market News

Bitumen vessels have been getting bigger with several new larger carriers (from 8,000-35,000dwt) ordered throughout 2023 and more likely in 2024. But arbitrage opportunities to ship bitumen outside of Europe could remain challenging in 2024 after being in the doldrums in 2023.

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Weather sparks uncertainty for Vietnam's bitumen demand

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Nigeria Nigeria aspires to become regional bitumen hub

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 …

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European Bitumen Market Update July 2024

An overview of European Bitumen prices since the beginning of the year and a round-up of key events that have impacted the market. 24 July 2024. Market: Bitumen …

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New bitumen tanker orders threatens oversupply | Latest Market News

Continental Bitumen, a unit of French construction firm Colas, early last year launched two new 20,500dwt dual fuel LNG/marine gasoil powered bitumen tankers — the Atlantic Narval and Baltic Narval — that it has used mainly to supply its own and other terminals in the Mediterranean, northwest Europe and South Africa.

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Orla Mining: Another Beat And Raise For This Consistent …

Orla Mining reported record Q3-24 gold production, and is tracking to deliver a nearly 20% beat vs. its initial annual guidance midpoint. Notably, the company is on …

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Fertilizer Matters EP20: Sulphuric acid – Chile kicks off annual

Hear Argus analysis of Chile's annual contract negotiations, impacting global sulphuric acid market, supply/demand dynamics, trade flows, and freight in Fertilizer Matters podcast series.

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