Tag: palm oil

Eni looking to phase out palm oil as completely as possible

Eni looking to phase out palm oil as completely as possible

March 19, 2019 |

In Italy, Eni says it is working towards achieving the European Union rule to phase out palm oil as feedstock for biodiesel as it works to integrate other feedstocks into its supply chain such as used cooking oil through various partnerships nationwide. The company says it might even be able to eliminate the use of […]

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Malaysia wants EU to suspend anit-palm oil policy until its scientific voracity can be proven

Malaysia wants EU to suspend anit-palm oil policy until its scientific voracity can be proven

March 19, 2019 |

In Malaysia, the Bernama news agency reports that the country’s palm oil council says the European Union’s sustainability criteria for biofuels banning the oil’s use due to allegedly high indirect land use change impacts should be suspended until the ILUC rule can be proven to be scientifically-based and non-discriminatory. In response to the EU’s rule […]

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Malaysia joins Indonesia with WTO threats to the EU over palm oil

Malaysia joins Indonesia with WTO threats to the EU over palm oil

March 17, 2019 |

In Malaysia, over the weekend, the government threatened to challenge the European Union via the World Trade Organization if the EU continues to phase out palm oil from transportation fuel. Malaysia’s foreign ministry responded to the EU’s plan to phase out palm oil that was published on Wednesday as a “calculated political act” aimed at […]

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FGV sees palm oil range at between $491.8 and $614.7 per ton

FGV sees palm oil range at between $491.8 and $614.7 per ton

February 28, 2019 |

In Malaysia, Reuters reports that FGV sees crude palm oil prices rising to a range of between $491.8 and $614.7 per metric ton thanks to increased demand from domestic biodiesel blending and growing exports mixed with smaller production for the year. FGV, the largest palm oil producer in the country, is having to shift its […]

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Indonesia’s two presidential candidates both push for palm oil-based biodiesel

Indonesia’s two presidential candidates both push for palm oil-based biodiesel

February 23, 2019 |

In Indonesia, both presidential candidates, Joko Widodo and Prabowo Subianto, pushed for increasing the production and consumption of palm oil in their recent presidential debate. Both the incumbent President and the challenger said that increasing the use of palm oil in biofuels will help the country reach self-sufficiency and rely less on imports for energy […]

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Indonesia’s PLN to convert 122MW of power production to crude palm oil

Indonesia’s PLN to convert 122MW of power production to crude palm oil

February 20, 2019 |

In Indonesia, Reuters reports that the national utility PLN is switching three of its diesel-fueled and one of its gas-fueled power plants to crude palm oil which together will produce 122MW of power for Papua, East Kalimantan and South Sulawesi. The four plants currently consume 190 million liters of fossil fuel which will now be […]

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Malaysia hoping diplomacy with France will ease palm oil tensions

Malaysia hoping diplomacy with France will ease palm oil tensions

February 20, 2019 |

In Malaysia, the Borneo Post reports that Malaysian and French officials are set to meet to discuss palm oil in an effort to better understand the product’s opportunities and challenges. Malaysia is trying to head of implementation of the French Parliament’s ban on palm oil for biodiesel from 2020. The French Environment Ambassador is set […]

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Malaysian palm oil exports jump nearly 31% in January

Malaysian palm oil exports jump nearly 31% in January

February 13, 2019 |

In Malaysia, Platts reports that a jump in demand for palm oil from the European Union, India and China led to 21% more exports in January than during January 2018. Exports to Europe saw the largest jump by nearly 158% to 253,773 metric tons, while China was the largest destination at 317,212 tons, almost 18% […]

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ePure slams European Commission for palm oil sustainability loopholes

ePure slams European Commission for palm oil sustainability loopholes

February 12, 2019 |

In Belgium, ePure says the European Commission has gone most of the way toward banning the use of unsustainable palm oil in EU transport, but it hasn’t quite closed the deal. Instead of acting on the RED II agreement and removing so-called high-ILUC-risk biofuels from the EU’s transport mix, it has left a door open. […]

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Transport and Environment says EU allowed for loopholes in sustainability criteria for palm oil

Transport and Environment says EU allowed for loopholes in sustainability criteria for palm oil

February 11, 2019 |

In Belgium, Transport and Environment says the European Commission last week acknowledged in a delegated act that oil palm cultivation causes significant deforestation, and thus biodiesel produced from palm oil cannot be counted towards meeting EU green fuel targets. However, under mounting pressure, including trade war threats, from the governments of Malaysia and Indonesia, the […]

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