Market News

03.06.08

Goldman Sachs Sees Palm Oil Price Drop

PALM oil futures in Malaysia, the global benchmark, may fall between 15% and 20%...

03.06.08

Chinese Oil Companies Ordered To Guarantee Supply & Margins

The Chinese government has ordered the country's two state oil companies, CNPC a...

03.05.08

Indonesia Slows Biodiesel Investments

Some Indonesian companies are halting or amending plans to make biodiesel, sayin...

03.05.08

Asian Vegetable Oil Markets End Rally

A record-breaking rally for Asian vegetable oil markets was brought to an abrupt...

03.04.08

Kiplinger Sees Increase in Soy Yields

The Kiplinger Agriculture Letter predicts that yields of soybeans will increase ...

03.03.08

Saudi Oil Minister Links Oil Prices to Biofuels

Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a mini...

02.29.08

US Federal Reserve Supports Brazilian Ethanol Trariff Cut

US Federal Reserve Chairman Ben Bernanke told the US Senate Banking Committee th...

02.29.08

Vietnam & Brazil Sign Ethanol Protocol

A protocol on cooperation in ethanol production and use between Vietnam and Braz...

02.28.08

BP Moving Away From "Green" Image

British Petroleum is moving away from its “green” business branding, focusing on...

02.27.08

Palm Oil Prices Double in Past Year

Godrej International’s chief analyst says palm oil prices have doubled in the pa...

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US EPA Renewable Fuels GHG Lifecycle Rule Met With Strong Opposition

06.05.09

US Senate Agriculture Committee Chairman Tom Harkin said he is doubtful that the final RFS rule will include the same application of indirect land use that has made the EPA proposal controversial.

Committee Chairman Collin Peterson has also disapproved of ILUC, recently saying, "Why would you put indirect costs for corn and soybeans, and not oil?"

EPA's ILUC analysis did not consider upstream activities of gasoline or petroleum, such as GHG and environmental impacts associated with ocean transport, international military and security measures to maintain foreign oil supplies, and the impact of current and future oil exploration.



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