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By Danni Haizal Danial Donald
KUALA LUMPUR, April 20 (Bernama) -- The government’s plan to raise the biodiesel mandate to B15 is expected to provide a more stable domestic palm oil demand, particularly during periods of weak global demand or heightened price volatility.
PORT KLANG, April 18 (Bernama) -- The government has given assurances that there are no suitability issues arising from the use of biodiesel, particularly at the B20 level, following the implementation of vehicle engine specifications supporting the fuel since 2020.
KUALA LUMPUR, April 18 (Bernama) -- Malaysia still needs to import crude oil despite having its own oil production because domestic consumption is much higher, at about 700,000 barrels per day, compared to the 350,000 barrels produced per day, according to the Finance Ministry (MoF).
KUALA LUMPUR, April 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) on Saturday confirmed that the vessel Ocean Thunder has arrived in Malaysia, transporting one million barrels of crude oil originating from Basrah, Iraq.
PUTRAJAYA, April 17 (Bernama) -- The implementation of the B15 biodiesel blend rate will be carried out in stages to avoid disruption to the existing operations of the industry, said Minister of Economy Akmal Nasrullah Mohd Nasir.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher amid the rise in crude oil prices that continued to lend support to market sentiment, a trader said.
KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.
PUTRAJAYA, April 16 (Bernama) -- Australian Prime Minister Anthony Albanese is set to hold discussions with Petroliam Nasional Bhd (Petronas) to advance Malaysia-Australia energy cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, April 15 (Bernama) -- The proposed increase in the country’s biodiesel blend from B10 to B15, starting with B12, can reduce dependence on diesel and extend the lifespan of the nation’s fuel supply following the crisis in West Asia, said Economy Minister Akmal Nasrullah Mohd Nasir.
PUTRAJAYA, April 15 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir will do a working site visit in Selangor this Saturday to assess the raw inputs used in the biodiesel blending process.
KUALA LUMPUR, April 15 (Bernama) -- The price of diesel in Sabah, Sarawak, and the Federal Territory of Labuan is maintained at RM2.15 per litre because diesel is not just fuel, but a lifeline for daily activities.
KUALA LUMPUR, April 15 (Bernama) -- Crude palm oil (CPO) prices are expected to be supported by demand tailwinds such as higher blending mandates announced by the United States (US) Environmental Protection Agency (EPA), said CGS International Malaysia Sdn Bhd.
