Latest Palm oil Stories

2009-06-24 14:05:00

MONTEREY, Calif., June 24 /PRNewswire/ -- Dr. Charles Fishel, Chairman of Abundant Biofuels Corporation, noted that "There are about 100 biodiesel refineries operating below capacity and another 47 idle refineries in the United States, alone." To help solve this problem, Abundant Biofuels provides standardized long-term contracts (5- or 10-years) in multiples of 50,000 barrels (2,100.000 gallons) of jatropha oil. Financing is available. Several U.S. biodiesel refiners soon will be...

2009-06-22 07:00:00

LAKE MARY, Fla., June 22 /PRNewswire-FirstCall/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) today announced that it has signed a Letter of Intent with Instituto Costarricense de Electricidad (ICE), an Autonomous Institution of the Government of Costa Rica. Under the terms of the letter of intent, ICE will evaluate NGBF's biofuels, leading ultimately to the potential licensing of NGBF technology and to the construction of its own biofuel production...

2009-06-05 14:40:41

Writing in the peer-reviewed journal Conservation Letters on Friday, researchers noted that a system of selling credits to reduce carbon emissions in the Indonesian rainforest could provide a feasible method of conservation. Authors of the new report stated that paying to reduce rainforest carbon emissions could actually amount to more income than initiatives to use the deforested land for palm oil production. Lead researcher Oscar Venter, from the University of Queensland, focused his study...

2009-06-05 07:30:00

New study is among first to show benefits that carbon payments could have for populations of endangered large mammals in tropical forests A new report published yesterday provides compelling evidence that paying to conserve billions of tons of carbon stored in tropical forests could also protect orangutans, pygmy elephants, and other wildlife at risk of extinction. The study, published in the peer-reviewed journal Conservation Letters, is one of the first to offer quantitative evidence...

2009-05-01 09:51:37

In the last decade, Asian farmers have cleared tens of thousands of square miles of forests to accommodate the world's growing demand for palm oil, an increasingly popular food ingredient. Ancient peatlands have been drained and lush tropical forests have been cut down. As a result, the landscape of equatorial Asia now lies vulnerable to fires, which are growing more frequent and having a serious impact on the air as well as the land. A team of NASA-sponsored researchers have used satellites...

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...

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...

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:...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.