Regulatory stability, and how industry and Government can work together to deliver ‘shared benefits’ will be key themes of next week’s Papua New Guinea Mining and Petroleum Seminar in Port Moresby, according to PNG Chamber of Mines and Petroleum Executive Director, Greg Anderson.
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Papua New Guinea mining and petroleum conference to emphasise need for stability: Chamber
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19 Nov 2015 by Leave a Comment
More oil and gas mergers and acquisitions could impact Papua New Guinea, say analysts
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16 Nov 2015 by 2 Comments
Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.
Reaction to Papua New Guinea’s 2016 Budget: necessary cuts but still some challenges, say experts
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11 Nov 2015 by Leave a Comment
The Papua New Guinea Government has made tough decisions in its 2016 Budget to avoid a cash and macroeconomic crisis. Business Advantage PNG talks to some experts on how the budget measured up to expectations, and what is still needed.
Five questions for: Arthur Lenoir, Leader of the French Trade Delegation to Papua New Guinea
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28 Oct 2015 by Leave a Comment
The entry of the global French-based energy giant, Total SA, has prompted the first French-only trade delegation to Papua New Guinea, which will visit Port Moresby and Lae next week. Delegation Leader, Arthur Lenoir, explains the rationale for the trip to Business Advantage PNG.
In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories
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21 Oct 2015 by
Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.
World Bank says Papua New Guinea needs to avoid a possible ballooning budget deficit
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15 Oct 2015 by Leave a Comment
A World Bank report says Papua New Guinea government spending should be curbed to avoid a possible ballooning budget deficit.
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Papua New Guinea’s journey to Independence
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14 Sep 2015 by 4 Comments
Forty years ago this week, Sean Dorney was one of the journalists on the spot for Papua New Guinea’s declaration of Independence. He covered it for the country’s National Broadcasting Commission and later spent 17 years in PNG as an ABC correspondent. He reflects on PNG’s journey as an independent nation.
In brief: Papua New Guinea Power fast-tracks extra machines to stabilise power in Port Moresby, and other business stories
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9 Sep 2015 by Leave a Comment
Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom’s purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
Woodside launches non-binding bid for Oil Search as Papua New Guinea gas attracts attention
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8 Sep 2015 by Leave a Comment
Australia’s Woodside Petroleum has launched an A$11.65 billion (K22.83 billion) offer for one of Papua New Guinea’s largest companies, Oil Search Ltd. It’s the latest in series of moves that has seen several PNG gas-related assets change hands in the past year.
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