Indonesian President Prabowo Subianto has called for the expansion of oil palm plantations, saying any criticism that this will cause deforestation is nonsense because oil palms are trees too.

In a controversial speech, Indonesia’s new president argued oil palm plantations are like forests, calling for their expansion by stating, ‘oil palms are trees … they’ve got leaves.’” Environmental ...

India consumes 23 to 25 million tonnes of edible oil a year. Of that, nearly 8-10 million tonnes is Palm oil. 90% of this palm oil is consumed as food. About 15 to 16 million tonnes of edible consumed ...

That’s the first component of oil prices — the extraction process and machinery required. Aside from the physical groundwork of gathering and processing oil, market regulations are the true ...

MUMBAI, Jan 16 (Reuters) - India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil's premium over rivals drives buyers ...

1 as industry participants await technical details of the new regulation, causing confusion among palm oil traders. The government had pledged to mandate a 40% mix of palm oil-based fuel in ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

JAKARTA – A call by the Indonesian President to expand oil palm plantations has drawn backlash from environmental and farmers’ groups, which warn that his comments may set back efforts to curb ...

KUALA LUMPUR, Jan 16 — Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.

Jakarta: President Prabowo Subianto says Indonesia should develop more palm oil plantations and should not be concerned about deforestation accusations from other countries. He urged all governors ...