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Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm oil futures rose more than 1% after the previous session. Prices were supported by the uncertainty surrounding the Middle East conflict and expectations of a drop in March production. By midday, the benchmark contract for palm oil delivery in June on the Bursa Derivatives exchange had gained 65 ringgit or 1.36% to 4…
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India's palm oil imports in March fell to a 3-month low due to a price surge
Five dealers said that India's palm-oil imports dropped nearly 19% to a new low in March, as the price of tropical oil, which tracks energy markets, rose. This prompted refiners, who track the energy markets, to reduce?purchases, and wait for correction. Reduced imports may deplete stocks…
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Britain's greenhouse gases emissions dropped 2% in the last year
The government's preliminary data?on Thursday showed that Britain's greenhouse gases emissions dropped?by 2 percent last year as emissions from industry fell. Britain's goal is to achieve net zero emissions in 2050. This will require an increase in renewable energy and the switch to cleaner electric cars.
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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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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…
Latest news
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Association says Indonesian biodiesel demand will reach 15 million metric tonnes at the launch of B50
The Indonesian palm oil association said on Wednesday that the demand for biodiesel was expected to be 15 million metric tons this year.
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Palm oil prices rise for the fifth consecutive day as biodiesel and crude oil boost palm prices
The market for Malaysian palm oils futures rose on Wednesday for the fifth consecutive session, as the market was supported…
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Solar boost has seen renewables reach almost 50% of global capacity by 2025.
Data from the International Renewable Energy Agency, which was shared with us exclusively on Tuesday, showed that renewable…
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Palm futures reach 15-month high on Indonesian biodiesel plans and crude rally
Malaysian palm oil futures reached a 15-month-high on Monday. This was largely due to expectations that Indonesia will continue…
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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.
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Energy ministry reports that Morocco has enough diesel to last for 51 days.
The 'energy' ministry announced on Thursday that Morocco, which is heavily dependent on imports, has enough diesel to last…
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Palm oil futures decline despite Indonesian biodiesel drive
Malaysian palm futures declined on Wednesday. This was a reversal of?course following four consecutive sessions of gains.
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Solar boost has seen renewables reach almost 50% of global capacity by 2025.
Data from the International Renewable Energy Agency, which was shared with us exclusively on Tuesday, showed that renewable…
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…