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South Korea and France agree to intensify defence cooperation amid Middle East conflict
South Korean President Lee Jae Myung said that he and French President Emmanuel Macron planned to 'boost defence co-operation and work together in order to address 'the economic and energy crisis triggered by war i Iran. After a visit to Japan, Macron arrived in South Korea for a 2-day state trip on Thursday. He held a Seoul summit on Friday.
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VEGOILS - Palm closes on 15-month-high, logs 5th straight weekly gain
Malaysian palm futures rose almost 1% on Friday, logging a fifth consecutive weekly gain, driven by expectations for lower inventories and Indonesia's plans to produce B50 biodiesel, as well as heightened Middle East tensions. The benchmark palm oil contract on Bursa Derivatives Exchange for 'June' delivery gained 47 ringgit (0.98%) to 4…
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Thailand will control crude palm oil imports and bottle prices beginning April 7
The Thai Commerce Ministry announced on Monday that it would tighten?palm oil crude exports, and regulate bottled palm oil prices starting?April 7. This is due to a rise in 'biodiesel' demand as a result of the soaring fuel prices worldwide caused by the Middle East conflict. The ministry stated that these measures…
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VEGOILS - Palm slips in profit-taking and Thailand's export restriction caps fall
Malaysian palm futures fell a little on Monday as profit-taking pressured markets, but Thailand's crude oil export restrictions stopped the fall. The benchmark palm oil contract for June delivery at the Bursa Malaysia Derivatives Exchange fell 27 ringgit or 0.56% to 4,812 Ringgit ($1,195.53) per metric ton.
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Palm oil falls for second consecutive session due to crude oil weakness
The price of crude oil fell, and the market was impacted by it. The benchmark palm?contract? for June delivery at Bursa Malaysia's Derivatives exchange fell 45 ringgit or 0.94% to 4,766 Ringgit ($1,183.22). Paramalingam Supramaniam said that the market is still largely influenced…
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Malaysia to expand biodiesel program in phases, Minister says
The Plantation and Commodities Minister announced on Tuesday that Malaysia will expand its palm-based B20 Biodiesel Programme?nationwide, in phases.
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Palm oil prices rise on stronger crude oil and strong exports
Malaysian palm futures rose on Tuesday as the market recovered its losses from the previous session. This was due to a combination…
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Spanish wind industry warns EU Windfall Tax could harm investment
AEE, the Spanish wind industry association, warned on Monday that a proposed "windfall tax" on profits of energy companies…
Latest news
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China's Xi calls for faster development of new Energy System as Middle East War continues
Xi Jinping, the Chinese president, has called for a rapid planning and construction of a new energy infrastructure to ensure…
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China's Xi calls for faster development of new Energy System as Middle East War continues
Xi Jinping, the Chinese president, has called for a rapid planning and construction of a new energy infrastructure to ensure…
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Palm exports to Thailand are being curtailed as a counter-profit-taking measure.
Malaysian palm 'oil futures traded at a tight range?Monday as Thailand's crude oil export restrictions offset the profit-taking pressure.
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Lee, South Korea's Lee, says the country must balance risks as disruptions to oil supply from Hormuz threatens the country.
South Korea must accept some risk when importing crude oil from Middle East due to the blockade of the Strait of Hormuz.
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Turkish hydroelectric output reaches a peak of 40%, which eases war-related pressures on energy
Official data show that the power produced by Turkey's hydroelectric plants in 'March' nearly doubled compared to a year earlier, to 40%.
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Palm oil to rise for fifth week on lower stock expectations and biodiesel optimism
Malaysian palm oil futures were up on Friday and headed for a fifth consecutive weekly gain. This was due to expectations of lower inventories…
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Verbio CEO: Middle East war drives demand for local biofuel
Verbio's chief executive said that the rising fuel prices are "extraordinarily advantageous" for its biofuel producer. The…
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Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm futures rose a day after falling in the previous session. This was boosted by the uncertainty surrounding…
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India faces a second year of deficit in sugar as mills close early
Trade officials said on Thursday that India's sugar production will fall below its consumption for the?second straight year…
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Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators.
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Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators.
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Tesla's China made EV sales increase for the second consecutive quarter
Tesla's China made electric vehicle sales rose for the second consecutive quarter, despite increased competition from the U.S.
Solar
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Andy Home: Every missile fired against Iran burns through US tungsten stock
Israel and the U.S. have used thousands of munition in their air campaign to combat Iran. The majority, if not all, of these…
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Document threatening legal action by foreign investors against Vietnam for renewables
According to a document seen by the. Last year, the 'dispute' began when Vietnam cut subsidised electricity prices from solar and wind farms.
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Japan's weakness on energy is brought to the forefront as Middle East crisis worsens, says REI chair
The chair of the Renewable Energy Institute stated that Japan must do more to reduce their reliance on fossil fuels after…
