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
Strategy to fight anti-palm oil lobby with Indonesia will put pressure on EU
MPOB said the move may be one option that the world's two biggest palm oil producers could undertake to fight the discrimination by the EU.
Sat Jan 14 2023
Palm oil prices seen ticking up as rains slash output and demand strengthens
Higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.
Tue Oct 25 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
Indonesia removes palm oil export levy until Aug. 31
Indonesian palm oil producers have been struggling with high inventories since the country imposed a three-week export ban through to May 23.
Mon Jul 18 2022
Malaysia says WTO agreed to establish panel to examine EU palm oil rules
Palm oil producers say some EU member states have started to phase it out ahead of the deadline.
Mon May 31 2021
Malaysian palm oil producer FGV jumps near 25 pct after surviving Felda's bid
FGV's stock jumped 24.6 pct in early trade, its largest intraday jump since Sept. 14, 2015.
Tue Mar 16 2021
Malaysia palm oil producers look to prisons, rehab centres to solve labour crunch
Planters in the world's second-largest producer have in recent months embarked on rare recruitment drives to hire locals to do everything.
Wed Sep 09 2020
India to remain palm oil buyer for now, but Malaysia must not be complacent
India will remain the main export destination for the world's top largest palm oil producers -- Indonesia and Malaysia, for the foreseeable future.
Fri Jul 24 2020
Petition: SDP raises concerns over serious allegations
SDP said the allegations were serious and against the commitments that the palm oil producer has publicly made.
Wed Jul 08 2020
Malaysian palm oil producers step up perks to retain foreign workers amid pandemic
The pandemic is exacerbating a labour shortage in the palm oil industry, which is heavily reliant on foreign workers
Wed Jun 24 2020
Oklahoma asks Trump to declare coronavirus an 'act of God' to help oil producers
Declaring a "force majeure" or "act of God" would allow oil companies to halt operations without risking that land leases will be canceled.
Mon Apr 27 2020
Crude oil prices expected to remain low
MIDF Research said shale oil producers in the United States are not expected to limit their production despite weakness in global crude oil prices.
Thu Nov 26 2015
Oil prices mixed after Saudi king's death
Oil prices traded narrowly mixed Friday after the death of the king of Saudi Arabia, OPEC's largest oil producer.
Sat Jan 24 2015