Petronas Urges EU to Rethink Palm Oil Phaseout, Flags Biofuel Affordability
by Kelly Norways and Simone Burgin (S&P Global) Early palm oil phaseout leaves limited feedstock alternatives: Petronas; Malaysian palm oil exports to Europe down 42% in 2023; Consumer willingness to pay for green fuel a key hurdle: Preem -- Malaysian state-owned oil company