AI Uncovers Trillion-Barrel Potential In Existing Oil Fields, Says Wood Mackenzie

KUALA LUMPUR, Sept 19 (Bernama) -- Existing oilfields could supply up to one trillion barrels of crude through 2050 without major new discoveries, according to analysis by energy consultancy Wood Mackenzie.

Wood Mackenzie Senio

PNB Launches Report To Improve Livelihood Of Independent Oil Palm Smallholders

KUALA LUMPUR, Sept 12 (Bernama) — Permodalan Nasional Bhd’s (PNB) research arm PNB Research Institute Sdn Bhd (PNBRI) has released a report with actionable policy recommendations to guide the future of independent smallholders in Malaysia’s oil palm industry.

13MP Vital Platform For Malaysia In Securing Position As Global Leader For Sustainable Palm Oil

KUALA LUMPUR, Sept 9 (Bernama) -- The 13th Malaysia Plan (13MP) offers a vital platform to accelerate Malaysia’s transition towards a climate-resilient, innovation-driven future, securing the country’s position as a global leader in sustainable palm oil production, says the Malaysian Palm Oil Board (MPOB)

Palm Oil: Malaysia On The Right Track To Be Classified As Low-risk Country - Johari

KUALA LANGAT, Sept 5 (Bernama) -- Malaysia is on the right track to be classified as a low-risk country in palm oil production, particularly with its mandatory Malaysian Sustainable Palm Oil (MSPO) certification, said Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani. 

MPOC Expects CPO Prices To Hold Above RM4,300 Per Tonne In Near Term

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).

SD Guthrie FY2025 Earnings Seen Firm, Softer In Second Half - Analysts

KUALA LUMPUR, Aug 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects SD Guthrie Bhd’s financial year 2025 (FY2025) earnings to remain robust, although performance in the second half (2H) may ease slightly.

Analysts Neutral On Palm Oil Sector, Expects CPO Price To Average RM4,100-RM4,200 A Tonne In 2025

KUALA LUMPUR, July 11 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its “Neutral” call for the palm oil sector with an average crude palm oil (CPO) target price of RM4,100 per tonne for 2025. 

Ringgit Rises Against US Dollar At The Close On Easing Tensions In Middle East

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

Malaysia Optimistic About Boosting Bilateral Trade With Uzbekistan

TASHKENT, June 21 (Bernama) -- Malaysia is optimistic about a potential increase in bilateral trade with Uzbekistan, as both countries work to deepen cooperation in new areas such as halal certification, Islamic finance, tourism, and green technology.

Bursa Malaysia Opens Marginally Lower In Absence Of Catalyst

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia opened marginally lower in the absence of new catalyst, coupled with the closure of Wall Street on June 19, an analyst said.