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Latest Palm oil Stories

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2009-03-24 13:27:51

Oil palm cultivation is a significant driver of tropical forest destruction across Southeast Asia. It could easily become a threat to the Amazon rainforest because of a proposed change in Brazil's legislation, new infrastructure and the influence of foreign agro-industrial firms in the region, according to William F. Laurance, senior scientist at the Smithsonian Tropical Research Institute in Panama. Laurance and Rhett A. Butler, founder of environmental science Web site Mongabay.com, warn in...

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2009-03-07 10:45:00

Finland's Neste Oil said on Friday that cars in Europe and North America might soon be powered on diesel made from palm oil, vegetable oil and animal fat in Singapore, the AFP reported. The Finnish oil company has picked Singapore to build the world's biggest biodiesel plant at a cost of $776 million. The company said it was also looking to market the fuel in Japan and South Korea. Once it becomes operational next year, the plant will have an annual capacity of 800,000 tons and will...

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2009-03-02 10:35:00

When the price of oil skyrocketed, the prospect of developing biofuel as an alternative raised the excitement of ambitious members of Southeast Asia to jump onboard. Since then, the price of crude oil has seen a sharp drop due to the lack of global demand. In July 2008, the price of crude oil peaked at $147 and now lies below $37. Malaysia and Indonesia produce most of the world's palm oil, which is a mixture of diesel and five percent processed palm oil. But when the price of oil dropped,...

2009-02-05 08:00:00

WASHINGTON and MIAMISBURG, Ohio, Feb. 5 /PRNewswire/ -- The World Resources Institute (WRI) and NewPage Corporation today announce a partnership to protect forests in Indonesia. NewPage will substantially fund WRI's "Project POTICO" (Palm Oil, Timber, Carbon Offsets), an initiative to combat illegal logging and preserve virgin rainforests in Indonesia by diverting new oil palm plantations to degraded lands. (Logo: http://www.newscom.com/cgi-bin/prnh/20080514/NEWPAGELOGO ) To view the...

2009-02-03 03:22:00

CAPE TOWN, South Africa, Feb. 3 /PRNewswire/ -- There is huge potential for biofuel production in sub-Saharan African countries such as Nigeria, Uganda and Angola, provided there is a concerted effort from key stakeholders. The production of feedstock and the fuel itself would ultimately lead to socio-economic improvement and, with the correct implementation and management, the controversy about feedstock used for fuel vs. food can be resolved. (Logo:...

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2009-02-02 10:47:59

The Center for Science in the Public Interest is urging Pennsylvania's governor to ignore a recommendation opposing banning artificial trans fat in foods. A task force recommended Pennsylvania Gov. Ed Rendell and the state's lawmakers reject a proposed legislative phase-out of the harmful food ingredient. But CSPI urged the state to adopt the legislation requiring restaurants to phase out artificial trans fat -- the heart-attack-inducing fat that comes from partially hydrogenated oil. The...

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2008-12-10 16:41:04

Researchers in Nevada are reporting that waste coffee grounds can provide a cheap, abundant, and environmentally friendly source of biodiesel fuel for powering cars and trucks. Their study has been published online in the American Chemical Society's (ACS) Journal of Agricultural and Food Chemistry, a bi-weekly publication. In the new study, Mano Misra, Susanta Mohapatra, and Narasimharao Kondamudi note that the major barrier to wider use of biodiesel fuel is lack of a low-cost, high quality...

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2008-12-01 13:50:00

Scientists from seven nations released a new study on Monday that finds clearing tropical forests in order to plant biofuels harms the environment by reducing animal and plant diversity. Biofuels are considered greener than fossil fuels because plants absorb greenhouse gases from the atmosphere as they grow. "Keeping tropical rain forests intact is a better way to combat climate change than replacing them with biofuel plantations," the scientists wrote in a report about the study. In South...

2008-11-07 09:00:20

DALLAS, Nov. 7 /PRNewswire-FirstCall/ -- Continental Energy Corporation (BULLETIN BOARD: CPPXF) today announced that James D. Eger has resigned as CFO of the Company with effect on November 30, 2008. He will remain as a part-time and non-exclusive consultant and advisor to the Company, particularly in the areas of new business and corporate development. Mr. Eger is relocating from Dallas to SE Asia in order to pursue business opportunities in alternative energy, including palm oil...

2008-10-28 12:00:31

Golden Star Resources Ltd. (AMEX: GSS) (TSX: GSC) (GSE: GSR) is pleased to announce that it was recently awarded a prestigious Nedbank Capital Green Mining award in recognition of the creation of and continuing efforts on the Golden Star Oil Palm Plantation project (GSOPP). We are the first non-South African company to receive a Nedbank Capital Green Mining award in any category. This award follows the July 30 transfer of 4-hectare farm plots to each of the first group of 69...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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