Category: E-News

Indonesia, the world’s biggest palm oil producer and exporter, accelerated testing on fuel under its B50 mandate, a blend of 50 per cent palm-based diesel and 50 per cent conventional diesel, after the U.S.-Israeli war on Iran that started in February sent oil prices surging. Jakarta began implementing the B50 biofuel mix on July 1.

In about two days from now, Indonesia will begin blending 50% palm oil-based biodiesel with 50% conventional diesel. The policy, known as B50, is an expansion of the current B40 program, which has a lower palm oil blend of 40%. The government sees the move as a cure to the national fuel import reliance following soaring fuel prices in the wake of the US-Iran war.

Aden River Estates Limited, a palm oil producer of over five decades in operation, has launched its maiden debt capital market transaction, signing a N250 million Series 1 (Tranche A and B) commercial paper (CP) under a N20 billion CP issuance programme, with Anchoria Advisory Services Limited as the issuing house. The signing ceremony, held in Lagos, marked the first time the company – incorporated in 1969 and described as Nigeria’s first indigenous large-scale oil palm plantation operator – has accessed the capital market in its 55-year history. The Series 1 issuance carries yields of 22 per cent and 25 per cent for Tranche A (270 days) and Tranche B (364 days) respectively, with the 364-day instrument drawing all investor subscriptions.

Malaysia’s Palm Oil Council (MPOC) is eyeing expansion in Nigeria, a key market for the country’s palm oil exports, as demand for the commodity continues to grow. Belvinder Sron, chief executive officer of MPOC, disclosed this on Thursday at the Malaysia Market Connect in Lagos, stating that Malaysia sees significant market potential in Nigeria and West Africa.

Russia has expressed interest in expanding palm oil imports from Nigeria as part of efforts to diversify its supply chain and strengthen economic cooperation with Africa’s largest economy.

Russia has expressed interest in expanding palm oil imports from Nigeria as part of efforts to diversify its supply chain and strengthen economic cooperation with Africa’s largest economy.

KUALA LUMPUR: Crude palm oil prices are expected to remain steady at around RM4,400 per tonne in June, as global biofuel policies continue to strengthen demand for vegetable oils.

SEREMBAN (May 12): The Malaysian Palm Oil Board (MPOB) has commercialised more than 200 technologies, encompassing various innovations, in the country's palm oil and agri-commodity sectors to date, thereby contributing to the sustainability and progress of the sector.

There are times in the plantation industry when competition is useful, even necessary. Traders will trade, exporters will jostle and companies will benchmark yields, costs and efficiencies against one another. That is normal. It keeps the sector alert. But there are also moments when an industry must recognise that not every matter should be treated as a contest. Some challenges are too large, too structural and too consequential to be handled company by company or country by country. In the oil palm world, that should be obvious by now.

(ANTARA) - Indonesia will implement B50 biodiesel starting July 1 after nearly six months of trials showed positive results, Energy Minister Bahlil Lahadalia said on Monday (April 6, 2026). The B50 blend consists of 50 percent crude palm oil (CPO) and 50 percent fossil diesel, and has been tested across multiple sectors, including heavy equipment, ships, trains and trucks.

According to a report by Reuters, palm oil prices are expected to continue rising in the coming months, mainly due to stronger demand for biodiesel as global energy markets tighten.

Trade between Nigeria and Malaysia has reached approximately $1.21bn over the past five years, driven largely by a sharp rise in imports […]