2:57 pm November 21, 2014 | No Comment
Complex deals employed by Goldman Sachs' metals storage unit to build vast stockpiles and then maintain queues test the spirit of the London Metal Exchange operating code, shocking many traders and confirming others' suspicions.
8:15 am November 21, 2014 | No Comment
As palm oil growers, traders and consumers gather in Kuala Lumpur for the Roundtable on Sustainable Palm Oil meeting, the non-governmental environmental organization Greenpeace says it is clear that innovation is needed to break the link between palm oil and deforestation and social conflict.
8:04 pm November 18, 2014 | No Comment
Energy and Mineral Resources Minister Sudirman Said’s decision to set up a so-called anti-energy mafia committee has met with a mixed reactions ranging from lukewarm to outright skeptical responses to the newly created Committee of Reform for Oil and Gas Governance.
9:34 am November 17, 2014 | No Comment
Indonesia is pushing Total to help state energy company Pertamina expand on the global stage, in return for partnership in the Mahakam gas block after the French firm’s operating contract expires in 2017.
9:29 am November 17, 2014 | 2 Comments
Nathaniel Rothschild, the British financier and scion of a centuries-old banking dynasty, has proposed debt-stricken Asia Resource Minerals raise funds in a share sale next year that he’s prepared to underwrite.
8:36 am November 17, 2014 | No Comment
Indonesia plans to review all permits, business processes and institutions connected to its oil and gas sector, the energy minister said on Sunday, an overhaul the former OPEC member hopes will avert a looming energy crisis.
3:26 pm November 16, 2014 | No Comment
India’s new Hindu nationalist government has launched a drive to promote its ancient practices, appointing a minister for yoga and Ayurveda as it seeks to grab its share of a growing market for alternative therapies. Prime Minister Narendra Modi, a teetotal vegetarian who practices yoga every day, has said he wants to give India’s Ayurvedic therapies the international profile that yoga already enjoys.
10:43 am November 14, 2014 | No Comment
Palm oil inventories in Indonesia probably dropped for a second month in October as drought curbed production and exports climbed from the world’s top supplier.
9:10 am November 14, 2014 | No Comment
As China lobbies world leaders to back its free trade plan at an Asia-Pacific summit this week, businesses are complaining about Beijing’s use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports.