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Palm oil prices rise on El Nino and supply squeeze worries
Malaysian palm oil climbed a little higher on Wednesday as traders considered the impact of El Nino, and tighter Indonesian supply under Indonesia's B50 mandate. The benchmark 'palm oil contract' for a metric tonne of?October delivery? on the Bursa Derivatives Exchange rose 11 ringgit or 0.24% to 4,621 Ringgit ($1,131.77).
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Scientists say climate change is causing droughts in Europe.
Scientists?said that climate change has exacerbated drought in Europe this year as extreme heat evaporates the water supply, in an analysis published Thursday. Low water levels have 'disrupted farming, shipping and industries in countries such as Romania & Greece. This summer, drought is affecting many European countries.
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India's solar drive idles factories that are unable to break reliance on China
Industry sources claim that Indian solar panel makers are forced to close factories because they have to wait up to 8 months for domestic components to replace Chinese imports. This is due to the government's push to boost domestic manufacturing. Manufacturers and analysts have said…
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Palm gains from El Nino risk, biodiesel prospects
The price of Malaysian palm oil futures rose on Thursday as traders factored in multiple factors, including El Nino risk, increased demand for biodiesel, and the Middle East conflict. The benchmark palm oil contract on the Bursa Derivatives exchange for October delivery gained 82 Ringgit or 1.77% to 4…
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China Plans to Increase Wind, Solar Generation by 50% in Five Years
China plans to increase wind and solar power generation by 53% over the next five years, under a renewable energy plan released on Thursday that for the first time makes its green power target binding.The plan is aimed at increasing overall renewable generation to 1.8 billion tons of coal equivalent (tce) by 2030 from 1.18 billion tce in 2025…
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Brazil could triple its palm planting area in 10 Years, Industry Leader Says
Victor 'Almeida said that Brazil could triple its palm oil production area in the next 10 years by expanding the cultivation…
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Italian court lifts Sardinia's ban on renewable energy permits
The Italian Constitutional Court has ruled that the 'Sardinian Law' which prohibited renewable energy projects from being…
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Palm oil reaches 3-month high due to supply risk and biodiesel demand prospects
Malaysian palm oils futures closed higher on Thursday, after reaching their highest level in over three months. This was…
Latest news
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After a resilient H1, Naturgy Spain sees a higher core profit in this year
Spanish power and gas utility Naturgy announced on Wednesday that it expects its core profit for the full year to rise at…
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VEGOILS - Palm oil falls track rival oils and Indonesia's B50 allocation uncertain
Malaysian palm oil futures declined for the second consecutive session on Wednesday. This was due to a decline in vegetable…
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Equinor profits soar on high oil and gas prices during wartime
As expected, Equinor reported on Wednesday a steep rise in profits for the second quarter, boosted by the surge in gas and oil prices…
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Maguire: Wildfires are a threat to the US power sector in multiple ways.
Wildfire season in the American West was seen as a major threat for years. It affected homes, forests, and utilities. As…
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Maguire: Wildfires are a threat to the US power sector in multiple ways.
Wildfire season in the American West was seen as a major threat for years. It affected homes, forests, and utilities. As…
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The death toll from the Indian tunnel explosion has risen to 22
The state government of 'Sikkim' announced on Thursday that at least seven more bodies had been recovered from a?tunnel in…
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India's solar drive idles factories that are unable to break reliance on China
Industry sources claim that Indian solar panel makers are forced to close factories because they have to wait up to 8 months…
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China's solar installations fell 66% in the first half of this year compared to last, as a result of the pricing reforms.
China's new installations of solar power dropped by 66 percent in the first six months of 2026 compared to the same period a year ago…
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China's solar installations fell 66% in the first half of this year compared to last, as a result of the pricing reforms.
China's new installations of solar power dropped by 66 percent in the first six months of 2026 compared to the same period a year ago…
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South Africa's 'data centre gold rush' could lead to a resource shortage
The rapid expansion of data centers has made South Africa the continent's largest digital hub. Critics warn that the industry's…
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South Africa's 'data centre gold rush' could lead to a resource shortage
The rapid expansion of data centers has made South Africa the continent's largest digital hub. Critics warn that the industry's…
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Iberdrola's profit for the first half of 2018 increased by 22% due to grid investments in Britain, US and Brazil
Iberdrola, the Spanish utility company, announced on Wednesday that its first-half net profit rose by a whopping?22%. Its…
Solar
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The drought in the US West pits towns and industry against farms as they compete for water
In Arizona, dead fish are found in the bed of a dry reservoir. A small Utah town in the north could run out water within months.
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Bangladesh solar incentives may not be for smaller consumers
According to the National Board of Revenue, these measures were introduced on July 1, in the 'latest national budget.' They…
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Trump's cuts in clean energy projects are linked to $83 Billion in cancelled or delayed projects
According to a report published on Tuesday by the labor and environmental coalition BlueGreen Alliance, policies of the Trump…
