Analyst Mistry predicts that Malaysian palm oil will trade between 3,700-4 500 rgt/T by mid-2025.
Dorab Mistry, an industry analyst, said that Malaysian palm oils are likely to trade in the range of 3,700-4,500 ringgit per metric ton between now and June. This is because demand will be high during the Chinese Lunar New Year as well as the holy Ramadan month. As of Friday morning, the benchmark palm…
Venezuela publishes Oil Prices in Chinese Currency for First Time
Venezuela on Friday published the price of its oil and fuel in Chinese currency for the first time, following President Nicolas Maduro's announcement that the government would ease off the U.S. dollar in response to sanctions by the United States. Maduro last week said his government would shun the dollar…
Climate Policies Won't Strand Oil & Gas: Kemp
Fossil fuel-producing companies have been thrown onto the defensive over the last two years by the argument that many of their reserves will be "stranded" as the world transitions to cleaner forms of energy. Climate campaigners claim a large percentage of already known oil, gas and coal reserves must…
Climate Policies Will Not Strand Oil and Gas Reserves
Fossil fuel-producing companies have been thrown onto the defensive over the last two years by the argument that many of their reserves will be "stranded" as the world transitions to cleaner forms of energy. Climate campaigners claim a large percentage of already known oil, gas and coal reserves must…
For big business seeking CO2 emissions price, a ray of hope from Paris
For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions. While on the surface their hopes were dashed, looking deeper may give them cause for hope. Multinational companies from oil giant BP to consumer products maker Unilever…
ARENA Seeks Input for R&D
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia. ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program, which is focused on solar excellence.
