Futures and options exchange Bursa Malaysia Derivatives Berhad is aiming to launch a used cooking oil (UCO) futures contract in December to meet increasing demand for the product as a biofuel feedstock, the New Straits Times (NST) quoted the director of the Malaysian bourse as saying.

India’s Adani Group has said it has enough cash flow to cover debt obligations, seeking to reassure creditors after US prosecutors indicted billionaire founder Gautam Adani for fraud, sparking a sell-off in the conglomerate’s stocks and bonds, according to a 25 November Business Standard report.

Global sustainability organisation the Roundtable on Sustainable Palm Oil (RSPO) has voted to adopt a major new standard aimed at balancing conservation goals with the practicalities of the palm oil industry.

Japanese brewer and distiller Suntory Group is set to introduce polyethylene terephthalate (PET) bottles produced using paraxylene derived from used cooking oil (UCO) for select products.

Sunflowerseed production in the European Union (EU) is 2024 is expected to be at its lowest level for nine years, according to EU Commission estimates reported by Germany’s Union for the Promotion of Oil and Plant Proteins (UFOP).

Independent commodities trading company Mercantile & Maritime Group is set to expand its terminal in the United Arab Emirates (UAE) with the addition of a biofuel facility.

The UK government has been warned against relying on weight-loss drugs like Ozempic to tackle the obesity crisis by National Food Strategy author Henry Dimbleby, The Grocer reported.

A broad alliance of associations representing biofuel producers has urged the European Commission (EC) to postpone the deadline extending the scope of the Union Data Base (UDB), an EU-wide traceability system for sustainable renewable fuels.

The US state of California has voted for a 30% carbon intensity reduction of its transportation fuel pool by 2030 under updates to the Low Carbon Fuel Standard (LCFS), the California Air Resources Board (CARB) announced on its website.

Finnish renewable fuels producer Neste shut down its Rotterdam refinery following a fire and lowered its renewable products and sustainable aviation fuel (SAF) sales volume figures for this year.

Biofuel supplier GoodFuels has halted deliveries to Singapore, Ship & Bunker reported.

Castor cultivation firm Casterra Ag, a subsidiary of Evogene, has delivered its first shipment of castor seeds grown and processed in Kenya.

Turkish olive oil producers are set to increase exports to the USA, Japan and Australia following the lifting of the country’s ban on bulk olive oil exports, Olive Oil Times wrote.