Papua New Guinea faces higher fuel prices as shortages continue

Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy's operations in the country. Meanwhile, short-term solutions are being put in place.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
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Major digitisation announcements at Innovation PNG

Last week's 2023 Innovation PNG conference showcased some of Papua New Guinea's best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country's economy.
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Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

Newmont Corporation's acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
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