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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Malaysia Proposes $103 Billion Renewable Energy Plan

02.14.08

In Malaysia, the national government has proposed a $103 billion "Sarawak Corridor of Renewable Energy" (SCORE) development plan, which includes heavy investment in jatropha and palm-based biodiesel production.

The government made the announcement after plans were revealed for a $308 million development in Sarawak by a Malaysian-Japanese consortium that would develop 220,000 acres of palm and jatropha plantations to produce 240,000 tons of biodiesel per year.



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