Export Levy Dampens Palm Companies' Profit Amid CPO Price Rally

... from the rising price of crude palm oil, or CPO, plantation ... remains confident in Indonesian palm oil's competitiveness in the ... per hectare and the produced oil," Santosa said. Santosa highlighted ... affect the profitability of palm oil companies, but not the ...

Pertamina Confident of Producing 700,000 bpd in 2026

... on Thursday, banked on oil production from the Rokan ... 's contribution to national crude production will increase from around ... also improving old oil wells using enhanced oil recovery (EOR) ... finding domestic reserves and acquiring oil and gas fields abroad. ...

Gapki Expects Tight Supply to Support Palm Oil Price Into 2021

... Jakarta. The price of crude palm oil enjoys a significant rise ... according to the Indonesian Palm Oil Association, or Gapki. Gapki' ... by Singapore-based publisher Palm Oil Analytics. The government's ... palm oil biofuel—also caused keep the crude palm oil demand ...

Towards Achieving Oil and Gas Production Target of 1 Million Bopd, 12 Bscfd

... fully dependent on imported crude oil, a condition that poses ... crude import volume is forecast to expand in line with rising oil ... fully dependent on imported crude oil, a condition that poses ... , acceleration of Chemical Enhanced Oil Recovery (EOR) project, ...

Indonesia Seeks to Become Key Player in EV Battery Industry

... 20 percent currently. “State-owned oil company PT Pertamina is currently ... diesel fuel produced from palm oil. Production trial has been accomplished ... being constructed to process crude oil into refined oil, and at the same ...

Palm Oil: Local Consumption Down, Export Picks Up During Pandemic

... the third-largest global palm oil consumer, China, were responsible ... import restrictions on refined palm oil products, which might put ... line. The price of crude palm oil (CPO) also dropped from ... the pandemic. Malaysian palm oil producers told Reuters on Tuesday ...

Glimmer of Hope Now Dimmed: Bank Indonesia Governor

... Texas Intermediate (WTI) crude futures tanked 29 percent ... price war between key oil producers Russia and Saudi ... world's third-largest oil producer in a meeting ... in the price of oil would exacerbate the ... the coronavirus outbreak and oil shocks. "Even if China ...

Can We Ever Get 100 Percent Biodiesel?

... the production of palm oil. Palm oil producer Astra Agro Lestari ... to his estimation, palm oil production under normal circumstances will ... B50 will depend on global crude oil price, the price of ... on crude palm oil and $30 per ton levy on crude palm oil ...

Oil Palm Farmers Hardly Benefit From Gov't Policies: Union

... supportive programs for oil palm growers. The Oil Palm Smallholders ... enhancing diplomacy for sustainable oil palm plantations and accelerating ... fruit bunches (FFB) and crude palm oil (CPO). The levy ... – than on sustainable palm oil policies. "In the biodiesel ...

Moody's Warns of Sharp GDP Drops for Commodity Producers as Coronavirus Outbreak Rages On

... 10.2 percent while Brent crude price dropped 22.6 percent ... .3 billion worth of palm oil, $2.1 billion worth of ...