"While we accelerate our oil lifting, we also increase the use of biodiesel. Currently, we implement the mandatory 40 percent biodiesel (B40) program, and later, we will have B50,” he noted in a press ...

Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ruling. The ...

JAKARTA : Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ...

This policy is expected to drive the sustainability of the palm oil industry, improve farmer welfare, and solidify Indonesia’s position as the world’s largest palm oil producer. Through cooperation ...

According to data from Trading Economics, the price of palm oil reached its highest point since mid-2022 late last year. On 11 November, the price reached 5,195 Malaysian ringgit (€1121.76) per tonne, ...

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

Lower palm oil imports by the world's biggest buyer of vegetable oils could weigh on benchmark Malaysian palm oil prices , but support U.S. soyoil futures . "About 110,000 metric tons of palm oil ...

“The entire world is funneling through Palm Beach now and they want to look good … [they] have face time with the leader of the free world.” He’s seeing as many as 15 patients a day in ...

Palm oil is a type of edible vegetable oil derived from the fruit of the oil palm tree (Elaeis guineensis), native to West Africa but now widely grown in tropical regions, particularly in ...

host Stuart Varney discussed the world preparing for President-elect ... They can't thrive on half-price oil. They feel the change coming. Get a brief on the top business stories of the week ...

It would be ironic if Indonesia, with all its palm oil glory, must settle for following standards that others have set despite the country's pride as the world's leading palm oil producer.