The Philippines will prioritise the development of the country’s coconut industry this year, as government projections show the sector could generate up to US$3bn in export revenues in 2026, the Daily Tribune reported.

The European Union (EU)’s proposed zero-tolerance limit for non-approved pesticides could impact imports of US soyabeans and other products, according to a US Department of Agriculture (USDA) report.

Palm oil output in Sabah – one of Malaysia’s key producing states – was set for a sharp decline due to heavy rainfall and flooding at plantations in the region, The Edge Malaysia wrote.

Engineering company Inovapro is planning to develop a data centre in Croatia that will use waste from the olive oil industry for power generation, according to a World Bio Market Insights report.

The vital Strait of Hormuz shipping route is effectively closed and crude oil and gas prices have surged as a result of the escalating US-Israeli conflict against Iran.

Air bp – bp’s aviation division – has signed a multi-year contract to supply European aircraft manufacturer Airbus with conventional aviation fuel, sustainable aviation fuel (SAF) and other services in Spain and Germany.

Ukraine has retained its position as the leading sunflower oil supplier to the European Union (EU), according to European Commission (EC) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).

Netherlands-based sustainable aviation fuel (SAF) company SkyNRG has started construction of its first SAF plant in the Netherlands.

The free trade agreement between the European Union (EU) and the South American bloc of Mercosur states – Argentina, Brazil, Paraguay and Uruguay – has been provisionally approved despite a pending review by the EU Court of Justice, according to a 28 February report by Deutschland.

Indonesia’s higher palm oil export levies came into effect on 1 March.

Global palm oil production in 2025/26 is expected to rise to a record 80.7M tonnes, a 3% year-on-year increase, according to forecasts by the US Department of Agriculture (USDA) reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).

A research team in China has discovered a key japtropha gene that can boost yields and oil content, Phys.org wrote.

Panama took over operations of two container terminals at either end of the Panama Canal on 23 February, ending more than three decades of management by Hong Kong-based CK Hutchison Holdings (CKHH), FreightWaves wrote.