Palm oil plays a crucial role in supporting the demand for edible oil in India as it is the most widely produced edible oil in the world, accounts for about 35% of global vegetable oils production.

A significant development in Malaysia's oil and gas sector has sent ripples through the industry, as a major US firm withdrew from a high-profile project amid a simmering dispute between Petronas and ...

Thailand’s national upstream PTTEP this year is preparing to spin the exploration drill bit again offshore Sarawak, East Malaysia, as it seeks additional gas reserves for a proposed hub development.

KUALA LUMPUR: A protracted rift between Malaysia’s national oil corporation Petronas ... on natural gas supplies from the Bintulu gas facility in Sarawak. The High Court granted an interim ...

A palm oil company is gearing up to expand into critical orangutan habitat in Indonesian Borneo, raising alarms over the ...

US oil firm ConocoPhillips has unexpectedly withdrawn from operating the Salam-Patawali deepwater oil and gas field off ...

Revenue: RM1.38b (up 8.5% from 3Q 2023). Net income: RM121.8m (up 29% from 3Q 2023). Profit margin: 8.8% (up from 7.4% in 3Q 2023). The increase in margin was driven by higher revenue. EPS: RM0.14 ...

Ninety-seven wildfires are burning across Florida, affecting 3,641 acres. Three separate areas in Florida are under extreme drought conditions. Almost 100 wildfires are burning across Florida ...

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KUALA LUMPUR: Sarawak Oil Palms Bhd ’s (SOP) performance will continue to be influenced by the cyclical nature of fresh fruit bunch (FFB) production, global edible oil price trends, and supply ...

USDA Projects Indonesia’s Palm Oil Production to Reach 47 Million Tons in 2025/26. Photo by: Palm Oil Magazine PALMOILMAGAZINE, JAKARTA – Indonesia’s palm oil production is expected to rise in the ...