Bitumen Africa Podcast
Podcast about Market and Finanacial Events
Updated Weekly on Saturday
Bitumen Africa Podcast e20 – Oil Price Decline: Tariffs, Ukraine Talks, and Bitumen Overview
Fundamentals
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A significant increase in global oil supply is projected for 2025
This year is set to witness the highest increase in new oil supply in a decade, with nearly 3 million barrels per day expected to be added globally, according to data from Raymond James. Major contributors to this surge include the giant Tengiz field in Kazakhstan, the Bacalhau field in Brazil, and production expansions in […]
MIT Startup Pioneers New Solar Installation Model
The United States’ clean energy transition is being slowed down by complex permitting processes, bureaucratic delays, and local opposition, which have significantly hampered the development of large-scale renewable energy projects. The International Energy Agency (IEA) highlighted in 2024 that it often takes as long to secure permits for renewable projects as it does to build […]
Trump Administration’s Energy Policies Reshape the Renewable Sector
The Trump administration has significantly altered the U.S. renewable energy sector through a series of policy changes since taking office in January. Key actions include declaring a national energy emergency to fast-track fossil fuel development, imposing tariffs on steel and aluminum, and rolling back environmental regulations. These measures aim to boost domestic energy production and […]
U.S. Dependence on Foreign Resources Fuels Trade Tensions
The Trump administration's approach to tariffs has been unpredictable, with tariffs being authorized, suspended, and reauthorized, creating uncertainty. While targeted tariffs on specific goods to prevent unfair competition may be effective, the administration's broad and inconsistent use of tariffs risks disrupting critical supply chains, particularly those for strategic minerals vital to America's technology sector. The […]
Egypt’s Ambitious Oil and Gas Plans
Egypt is positioning itself to become a major player in the fossil fuel sector with ambitious new projects and investments. The country is planning a $7 billion petrochemical complex in New Alamein City and several major oil and gas auctions to revive its struggling energy sector. Egypt is a significant fossil fuel producer in Africa, […]
OPEC+ announced a small production increase
OPEC+ announced a slight increase in oil production for April, citing a "healthier oil market outlook." The alliance remains optimistic about global oil demand, forecasting growth of 1.4 million barrels per day (bpd) for both 2025 and 2026. However, this optimism may not be the primary reason behind the decision, as OPEC+ has delayed easing […]
Analysts Think Oil Prices Will Remain Subdued
Oil prices are expected to remain around current levels or even decrease further in 2025, according to analysts in a recent Reuters poll. Experts believe that sufficient oil supply and spare capacity within the OPEC+ group will help maintain prices in the low $70s per barrel. The group’s spare capacity of 5 million barrels per […]
Bitumen Price Trends in 2026: Navigating Market Shifts and Future Projections
The bitumen market is a critical component of the global construction and infrastructure sectors, playing a key role in road construction, roofing, and various industrial applications. As we look towards 2026, the dynamics surrounding bitumen prices will be shaped by a blend of factors, from global economic recovery and policy changes to innovations in production […]
Europe’s Automakers Shift Gears Towards Affordable EVs
China is rapidly emerging as the global leader in electric vehicle (EV) manufacturing, thanks to favorable government policies, easy access to critical minerals and battery technology, and low-cost manufacturing capabilities. This has spurred the development of a large EV production industry in China, making it a formidable competitor to other parts of the world, including […]
Negative Energy Prices Threaten Renewable Investment in Europe
The rapid expansion of renewable energy, particularly solar and wind, has led to an increasing number of hours where electricity prices dip below zero, meaning utilities must pay consumers to take excess energy. This phenomenon, once rare, is becoming common as renewable energy production does not always align with demand due to factors like weather […]