Oil and gas exploration and production company, Oil Search, has reported a US$175.8 m profit in its preliminary annual results, a 13% fall on last year, which the company attributes to high exploration expenses.
Posts by Business Advantage PNG
With gas production from the US$19 billion PNG LNG project due to start next year, Peter Graham, Managing Director of Esso Highlands Limited, talks exclusively to Business Advantage PNG about the long-term impact of the project on the economy.
New Chair of Oil Search
New Britain Palm Oil Limited reported a 70.4% gross profit decrease to US$81.6m in 2012.
PNG’s first privately-built hydro electricity power station has opened in Bulolo, Morobe Province.
Travel surveys that dare to place highly diverse destinations in league tables are always going to court controversy. The recent Tripadvisor poll of the Top 25 Beaches, based on reviews posted on the site, is no exception.
The PNG Government has revived the National Petroleum Company of Papua New Guinea (NPCP). We speak with the NPCP’s new Chairman, Frank Kramer.
With a new investment guide just published on New Caledonia, we find out what is happening in Papua New Guinea’s French-speaking Melanesian neighbour.
Electronic submission of tax returns and assessments, and a simpler Papua New Guinea tax system are just two of the measures to be delivered under the Internal Revenue Commission’s (IRC) new 2013 to 2017 corporate plan, launched last month.
The Papua New Guinea branch of global consulting firm Deloitte Touche Tohmatsu is opening a branch in the Solomon Islands capital, Honiara.