Archived News

10/1/07 (The Star) KUALA LUMPUR - The Malaysian Palm oil Board said palm oil production dropped 26% to 1.14 million tonnes in December from the previous month after floods in main producing states of Johor and Pahang cut output.

11/1/07 (NSTP) - THE value of Malaysia's palm oil exports reached a record RM31.81 billion last year, helped by factors including the high prices enjoyed by crude palm oil (CPO) in the second half.

10/1/07 (The Jakarta Post, Jakarta) - Indonesia is laying the foundations to become one of the world's top biofuel producers in the coming years, with 59 energy firms and institutions inking 58 agreements Tuesday as their preliminary commitments to investing US$12.4 billion in the renewable energy sector.

11/1/07 (The Jakarta Post) - The leaders of the Association of Southeast Asian Nations (ASEAN) will urge all the members of the 149-nation World Trade Organization (WTO), especially the major players involved in the Doha Round trade talks, to resume and push forward with the negotiating process.

CHIDAMBARAM, Jan 5 (Bernama) -- A United States based biofuel company in association with Indian petroleum majors and National Chemical Laboratory (NCL), Pune, would set up the first bio-diesel pilot plant using solid catalyst, by 2008, according to a top scientist Thursday.

19/1/07 (Reuters) - JAKARTA: Palm oil producer PT SMART Tbk yesterday announced a US$5.5bil biofuel deal with China oil major CNOOC and a Hong Kong energy firm, a major boost for both nations- efforts to secure alternative fuel sources.

8/1/07 (Lexington Herald-Leader) ATLANTA - Unhappy customers started calling soon after McDonald's announced plans in 2002 to reduce trans fats in french fries.

5/1/07 (Bloomberg) JAKARTA - Singapore will introduce a palm oil futures contract valued in dollars by the end of March to tap rising investor interest in the world's most traded vegetable oil as an alternative fuel.

6/1/07 (Reuters) ISLAMABAD - Pakistan is likely to review import duty structure on palm oil by February in response to a Malaysian request to cut the tariff, a senior government official said yesterday.

26/12/06 RIO DE JANEIRO/SAO PAULO (Reuters) - Billed as a way to cut diesel imports, boost local employment and reduce pollution, Brazil's biodiesel program is running into serious obstacles, but the government says they can be resolved.

4/1/07 (Bloomberg) -- Soybeans fell for a second day in Chicago, after ending 2006 on a 16-month high, on speculation demand to make diesel fuel from oilseeds will decline.