Environmentalists have raised red flags about cultivating palm oil. Malaysia and Indonesia are addressing these concerns, but they risk damaging a major economic sector in doing so.

“We shall establish five processing mills to enhance value addition; create 20,000 direct jobs in the oil palm sector; increase oil palm production by 50 per cent in the next three years and ...

Oil production averaged 12.9 million barrels a day in 2023, compared to 12.3 million in 2019. ... Many of the oil and gas jobs lost never came back.

Ghana is set to bring back the glory of Oil Palm as Oro Oil Ghana has sealed a 10-year partnership deal with some Nigerian Investors to explore production potential and market expansion, aiming to ...

Palm oil swung between gains and losses as investors weighed a jump in exports from top growers and higher production in a Malaysian region. Shipments from the world’s largest grower Indonesia ...

A concerning shift. But in 2023, deforestation caused by single-crop palm oil plantations started ticking up again, as measured by TheTreeMap, a company based in France that monitors forests.. It ...

Cultivation of palm for the purpose of oil extraction has been rapidly expanding since the 60s. In 1961, 3.6m hectares of land was used globally for production of palm oil, in only 46 years that ...

Patanjali Foods partners with Tripura government to enhance palm oil production, creating jobs and improving farmers' livelihoods under the National Mission on Edible Oils.

NUSA DUA, Indonesia, Nov 7 (Reuters) - Indonesia's chief economic minister said on Thursday he is confident palm oil production can be increased in coming years to meet the country's rising demand ...

In 2020, there were about 6,800 oil palm farmers and about 50,000 jobs directly connected to the sector; an additional 100,000 indirectly benefit from palm oil production.

ALAMEDA, Calif.--(BUSINESS WIRE)--Checkerspot announced that it has successfully developed the world’s first high-oleic palm oil alternative produced entirely through the fermentation of ...

The Edo State Government and Sunora Foods have entered into a partnership for palm oil production, which will lead to $100m in investment and the creation of 25,000 jobs in the state.