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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Petrobras Opens First Biodiesel Plant

07.31.08

Petrobras expects to produce 248 million gallons of biodiesel per year by 2012, according to the company president.

Brazilian President Luiz Inácio Lula da Silva participated in the opening of Petrobras' first 15 million gallon biodiesel plant this week. In August, Petrobras says it will begin production at two other plants.



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