Malaysia's top palm oil producer warns El Nino may hit output
A fall in Malaysia's palm oil production could lift palm oil futures, already trading near their highest level in four months.
Tue Mar 07 2023
Malaysia welcomes EU's deforestation regulation, urges extension for implementation
Wan Aishah said the Malaysian government is firmly committed to the sustainability of palm oil production based on the country's laws.
Wed Nov 16 2022
Malaysia agrees with oil production cuts by OPEC
Malaysia has agreed with the recent implementation of oil production cut of 2 million barrels per day.
Tue Oct 18 2022
Petronas: Gumusut-Kakap deepwater field achieves first oil production
Two new oil producer wells and two water injector wells were drilled.
Mon Oct 03 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida
This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Saudi Arabia eyes oil production up to 13 million barrels per day
Saudi Crown Prince Mohamed bin Salman on Saturday said the kingdom will seek to increase its oil production to 13 million barrels per day.
Sun Jul 17 2022
Govt prepared to work with PNG on allegation of wrongdoing by Malaysia palm oil company
Willie Mongin stresses the importance of sustainable palm oil production in compliance with the Good Agricultural Practices certification.
Thu Mar 10 2022
MOSTI helping B40 group via gelam tree oil production project in Terengganu
MOSTI is ready to help more individuals in the B40 group get involved in gelam tree oil production through the MySI fund.
Sun Oct 24 2021
US probing nearly 350 reports of oil spills in wake of Hurricane Ida
Ida's 150 mile-per-hour winds wreaked havoc on offshore oil production platforms and onshore oil and gas processing plants.
Tue Sep 07 2021
OPEC agrees to increase oil production slightly - Mustapa
The OPEC ministers agreed to increase slightly crude oil production in view of signs of a global economic recovery, Mustapa said.
Thu Sep 02 2021
OPEC Plus agrees to increase oil production for next 3 months
The decision was made based on the improvements in the market supported by global vaccination programmes and stimulus packages in key economies.
Fri Apr 02 2021
Petronas to announce production cut quantum for 2017
Petronas will soon announce the production cut quantum for Malaysia's 2017 crude oil production as agreed to at a meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC m
Mon Dec 19 2016
Petronas achieves first oil production from Malikai field
Petronas today announced that the Malikai field, Malaysias first Tension Leg Platform (TLP) for deep-water project, achieved its first oil production on Dec 11.
Wed Dec 14 2016
Petronas to adjust output after oil cut deal
Petroliam Nasional Bhd said on Tuesday it would adjust crude oil production in line with an agreement between OPEC and non-OPEC producers to reduce global supply.
Tue Dec 13 2016
Ringgit fundamentals still intact despite a minor easing
The ringgit fundamentals are still intact, despite a minor easing at 10 am on US oil production news, said a dealer.
Fri Nov 11 2016