Archived News
09-10-2024
ENOC Group unveils world’s first solar-powered biodiesel truck
07/10/2024 (Mobility Plaza) - ENOC Group has unveiled its world-first ENOC Link solar-powered biodiesel truck at the Water, Energy, Technology and Environment Exhibition (WETEX) 2024.
09-10-2024
Competition in palm oil downstream segment to intensify
09/10/2024 (The Star), Petaling Jaya - The competition in the palm oil downstream segment may intensify in the second half of the year following the recent restructuring of tax policy in Indonesia, giving Indonesian downstream players an extra edge over their Malaysian counterparts.
08-10-2024
CPO futures close higher amid Middle East tensions, crude oil rally
07/10/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.
08-10-2024
Malaysia to produce less palm oil – USDA attaché
08/10/2024 (Farmtario) - Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.
08-10-2024
How Malaysia’s palm oil industry is championing biodiversity conservation, a key pillar of ESG
07/10/2024 (The Edge Malaysia) - There is a growing focus on environmental, social and governance (ESG) practices in the palm oil industry, with Malaysia — one of the largest palm oil producers in the world — at the forefront of this movement. The country has pledged to conserve biodiversity and prevent illegal deforestation, committing to maintain at least 50% forest cover. True to its word, 54.9% of Malaysia remained forested as at December 2023, it published in the Fourth National Communication Report to the United Nations Framework Convention on Climate Change
08-10-2024
Edible oils mission seeks to end import dependence
07/10/2024 (Policy Circle) - Edible oils mission: The government has taken a significant step to reduce the country’s dependence on imported edible oils. The Union Cabinet recently rationalised 18 centrally sponsored schemes of the agriculture ministry, with a total allocation of Rs 101,321 crore, into two key programmes. Among these is a National Mission on Oilseeds with an outlay of Rs 10,103 crore.
08-10-2024
Pothole machine fuelled by vegetable oil returns
07/10/2024 (BBC) - A new machine that repairs potholes while being fuelled on vegetable oil will be deployed across all of a county's rural roads.
08-10-2024
Solstad Offshore uses biodiesel in Norway bunkering operation
07/10/2024 (Manifold Times) - Solstad Offshore on Thursday (3 October) said it is now offering certified renewable biodiesel to its clients to decarbonise existing offshore vessels in the transition period towards zero-emission technologies in the future.
07-10-2024
Anwar hits up palm oil producers to head off woes on worker shortage, production rates ahead of Budget 2025
06/10/2024 (Bernama), Kuala Lumpur - The MADANI government remains committed to bolstering the country’s palm oil industry, Prime Minister Datuk Seri Anwar Ibrahim said.
07-10-2024
Double cover: Taxing issues for palm oil sector + Maybank making good headway towards key targets despite challenges
05/10/2024 (The Edge Malaysia), Kuala Lumpur - Although the palm oil sector has been the backbone of the Malaysian economy for over five decades, in recent years it has been beset by a myriad of problems, from rising production costs to stagnating yields to labour shortages.
07-10-2024
Tengku Zafrul: PM Anwar’s Pakistan visit yields RM2.65b in trade deals, boosts palm oil and halal sector investments
04/10/2024 (Bernama), Islamabad - Prime Minister Datuk Seri Anwar Ibrahim’s three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
07-10-2024
Canola production in the US is booming
04/10/2024 (Biofuels International) - The US biofuel market is experiencing dynamic growth, making canola cultivation increasingly attractive for farmers in the northern US.