BP on track to deliver more oil and gas offshore
The new 48-slot production and living quarters platform, meanwhile, will target output of up to 100,000 barrels per day of oil and is expected to produce up to 300 million barrels over the
Global Palm Oil Market Factbook (2023 Edition): Transition
During the forecast period, 2023-2028, the global Palm Oil market is expected to expand at a CAGR of 6.7%. The demand for vegetable oil may rise as a result of the growing world population. Palm
EIA leaves forecast for Azerbaijan’s 2023 oil production unaltered
Energy. October 13, 2022 09:51. The oil production in Azerbaijan in 2023 is projected at 640,000 barrels per day (bpd), the same as September’s forecast,
La Ni帽a Return Points to Higher Palm Oil Production in 2023
The red line in this chart from Gro Climate Risk Navigator for Agriculture shows current soil moisture in palm growing areas of Indonesia is at its highest level in at least a decade, pointing to increased production in 2023 in the world largest palm oil producer.
US announced forecast for Azerbaijan's oil production
The Energy Information Administration (EIA) under the US Department of Energy did not change its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2022
How the palm oil industry is transitioning to net-zero
Although palm oil has its positives, it is frequently associated with deforestation and significant greenhouse gas emissions. To address these concerns, the leading palm oil producers, Indonesia and Malaysia, are actively promoting sustainable palm oil production and transitioning to net-zero emissions. Among other oil crops, such as soybean
Commodities 2023: Palm markets to moderate as
US corn production in MY 2023-24 likely to rise 11% on higher yield, acreage: USDA. The US corn output for the marketing year 2022-23 (September-August)
Global Palm Oil Market Factbook : Analysis By ... - GlobeNewswire
The Global Palm Oil Market is expected to generate USD 105 billion by the end of 2028, up from USD 67 billion in 2021. Through an immense growth in demand for consumer goods, the emerging middle
La Niña’s Return Points to Higher Palm Oil Production in 2023
In the first half of 2019, Malaysia’s monthly crude palm oil production increased from the prior year by an average of 5.3% following the La Niña rains of
Commodities 2023: Lower palm oil prices likely but markets
The Malaysian Palm Oil Council said that palm oil production is set to recover in 2023 after three years of decline, with industry estimates forecasting a 3% to 5% increase over nearly 18 million mt produced in 2022. Simultaneously, Malaysia's palm oil inventories jumped to the highest level in three years in October 2022.
