CPO Futures Weighed Down By Palm Olein, Soybean Oil Losses

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to close lower on Thursday, weighed down by massive losses in palm olein futures contracts on the Dalian Commodity Exchange (DCE) and soybean oil contracts, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Dialog Secures US$235 Mln Investment Approval For Baram Junior Cluster PSC

KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).

Johari Ghani To Officiate Pakistan Edible Oil Conference In Karachi

KUALA LUMPUR, Jan 9 (Bernama) -- The Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani, will embark on an official visit to Pakistan today to officiate the Pakistan Edible Oil Conference (PEOC) in Karachi, scheduled for Jan 11.

Rubber Market Ends Higher On Regional Uptrend, Stable Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 9 (Bernama) — The local rubber market closed higher on Thursday, bolstered by an uptrend in regional rubber futures markets and steady benchmark crude oil prices, said a dealer.

Yinson Production's Fpso Atlanta Achieves First Oil

KUALA LUMPUR, Jan 9 (Bernama) --  Yinson Holdings Bhd's offshore business arm, Yinson Production announced that its floating production storage and offloading (FPSO) unit, FPSO Atlanta has achieved its first oil on Dec 31, 2024.

CPO Futures End Lower Amidst Uncertain Market Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, as market sentiment and fundamentals remained uncertain, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Local Rubber Market Closes Mixed Amid Better Market Sentiment Regionally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 8 (Bernama) -- The local rubber market ended mixed on Wednesday amid the better performance of its regional peers and gains in benchmark crude oil prices, said a dealer.

Petronas To Explore Malay Basin’s Full Potential

KUALA LUMPUR, Jan 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an integrated basin study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.

FGV And MPOB forge Strategic Partnership To Enhance Traceability, Empower Smallholders

KUALA LUMPUR, Jan 7 (Bernama) -- FGV Holdings Bhd (FGV) and the Malaysian Palm Oil Board (MPOB) have forged a strategic partnership through a memorandum of collaboration (MoC) to enhance traceability and empower smallholders.

CPO Futures End Higher On Expectations Of Weaker Output

KUALA LUMPUR, Jan 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday on the expectation of weaker output in the coming weeks, said palm oil dealer David Ng.

Rubber Market Ends Lower On Regional Futures Downtrend, Drop In Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 7 (Bernama) -- The local rubber market continued to close lower on Tuesday, influenced by the downtrend in regional rubber futures markets and losses in benchmark crude oil prices, said a dealer.

CPO Futures Close Lower Amid Weak Export Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, as concern over weak exports continued to pressure prices, said palm oil dealer David Ng.