Mining/petroleum

ExxonMobil PNG’s Tera Shandro on the next decade of LNG in Papua New Guinea

7 May 2024 by Tera Shandro Leave a Comment

A decade on from the opening of PNG LNG, Papua New Guinea's first gas project, ExxonMobil PNG's Chairperson and Managing Director Tera Shandro reflects on the progress so far and the potential of forthcoming projects such as the K5 billion Angore project and the Wildebeest prospect.
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Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

24 Apr 2024 by Business Advantage PNG 6 Comments

PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country's second most valuable export.
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Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

14 Feb 2024 by Business Advantage PNG Leave a Comment

Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
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TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

14 Feb 2024 by Tony Jordan 2 Comments

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
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New Porgera Chairman announces reopening date for gold mine

13 Dec 2023 by Business Advantage PNG Leave a Comment

The Porgera gold mine in Papua New Guinea's Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

13 Dec 2023 by Tony Jordan 4 Comments

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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Decarbonisation: what’s the business opportunity and how does PNG get involved?

25 Oct 2023 by Business Advantage PNG Leave a Comment

The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG's Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?
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Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

25 Oct 2023 by Business Advantage PNG 1 Comment

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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State of Emergency declared to ‘maintain and stabilise’ Papua New Guinea’s fuel supply

2 Aug 2023 by Business Advantage PNG 2 Comments

In direct response to the ongoing disruption of fuel supplies in Papua New Guinea, Petroleum Minister Kerenga Kua has declared an extraordinary 30-day State of Emergency.
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Work begins on Kumul Petroleum’s world-class fabrication facility in Papua New Guinea

1 Aug 2023 by Mark Story 5 Comments

Kumul Petroleum’s plan to manufacture large-scale infrastructure components for major resources projects in Papua New Guinea has taken a major step forward, following the signing of construction contracts for a US$100 million (K358 million) fabrication facility outside Port Moresby.
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CEO Survey suggests PNG business is less bullish, but still planning to invest
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among PNG’s business leaders. Analysis of the survey data by Westpac has led to the creation of PNG’s first business […]
Whatever the size of your organisation, your brand matters
International branding expert Sergio Brodsky told delegates at the recent Innovation PNG 2023 conference why their organisation’s brand matters – and there’s a lot more to it than just your logo. The post Whatever the size of your organisation, your brand matters appeared first on Business Advantage International.
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. A full-day program featured four international keynote speakers presenting in person, including senior representatives from KPMG, Mastercard and Konica Minolta, augmented by […]

Mining/petroleum

ExxonMobil PNG’s Tera Shandro on the next decade of LNG in Papua New Guinea

Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

New Porgera Chairman announces reopening date for gold mine

Papua LNG investment decision faces delay as financiers grapple with climate concerns

Decarbonisation: what’s the business opportunity and how does PNG get involved?

Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

State of Emergency declared to ‘maintain and stabilise’ Papua New Guinea’s fuel supply

Work begins on Kumul Petroleum’s world-class fabrication facility in Papua New Guinea

Editor’s picks

Economic update: Papua New Guinea’s decade of growth begins

Restaurant review: Lucky Lucky, Port Moresby

Papua New Guinea’s banks embrace a digital future

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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