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 ...

BP at one point pledged to cut oil and gas production by 40% by 2030. But it was forced to review the decision after rising costs and lower-than-expected returns. It has since said it would return ...

According to data from Trading Economics, the price of palm oil reached its highest point since mid-2022 ... the market’s underlying fundamentals – essentially, production numbers, production volumes, ...

Brent crude oil (BCO) surged above $80 per barrel amid concerns over potential supply disruptions due to sanctions on Russian shipping. The expanded sanctions targeted major Russian oil producers ...

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Despite the ambition, efforts to boost palm oil production should not sacrifice the environment. There are still many sustainable ways to enhance output, especially through long-neglected ...

“With climatic conditions stabilising, we anticipate a significant recovery in Indonesian production in 2025. “In contrast, we forecast Malaysia’s palm oil production to remain largely flat ...

India's palm oil imports in December decreased significantly due to the rise of cheaper soybean oil from South America. Malaysian palm oil export supplies became tighter, driving consumers to switch ...

MOSCOW (Reuters) - Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production ... according to a New York Times analysis of federal data. Now, with some worried about ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

Nigeria’s daily average oil production ... s production including condensates rose by 11 per cent, from 1.333 million barrels in October to 1.486 million in November 2024. The analysis puts ...