Malaysia generates significant quantities of lignocellulosic wastes through the production of crude palm oil (CPO). Over the years, the accumulation of the oil palm wastes (OPW) have become an environmental burden. These problems can be addressed by pretreatment and valorisation of OPW in bioenergy as envisioned in the National Biomass Strategy (NBS-2020). However, current strategies for the OPW valorisation are inefficient and unsustainable resulting in increased environmental challenges. Therefore, this paper proposes the pelletization and torrefaction of oil palm empty fruit bunches (OPEFB). Furthermore, the thermal degradation behaviour and potential product yields from OPEFB pellet torrefaction will be examined. The results revealed that the mass yield (MY) decreased from 67.89% to 33.11%, whereas energy yield (EY) decreased from 88.29% to 49.18% as the torrefaction temperature increased from 250 °C to 350 °C. However, the energy density (DE) increased from 1.30 to 1.49 due to the increase in higher heating value (HHV) from 22.85 MJ/kg to 26.10 MJ/kg. Likewise, the severity factor (SF) increased from 5.89 to 8.84 with increasing torrefaction temperature. The results also revealed that effect of temperature on the torrefaction parameters; MY, EY, DE, and HHV are slightly reduced after 300 °C. Overall, the findings demonstrate that torrefaction improved the fuel properties and energy recovery potential of the OPEFB pellets.