‘Too early’ to identify cause of fire at country’s largest retailer’s headquarters and warehouse, assessment of submarine cable underway, and Competition Commission says InterOil takeover may affect market for pipelines. Your weekly digest of the latest business news.
In brief: CPL recovering from fire at headquarters and warehouse, and other business stories
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21 Jun 2017 by Leave a Comment
Industry collaboration and government help crucial for Western Province gas, says Repsol chief
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2 May 2017 by Leave a Comment
Cross-industry collaboration and help from the Papua New Guinea government are required to get the most out of the gas in Western Province, David Lester, Chief Office Representative for Repsol PNG tells Business Advantage PNG.
Papua New Guinea using multiple energy sources to meet growing need
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18 Apr 2017 by 3 Comments
Papua New Guinea is taking a multi-pronged approach to its energy provision. Business Advantage PNG takes a look at the nation’s approach to meeting its power needs.
In brief: Foreign currency issues continue to cause problems, and other business stories
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7 Mar 2017 by Leave a Comment
Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.
InterOil shareholders approve revised takeover proposal
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15 Feb 2017 by Leave a Comment
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek.
In brief: Business leaders predict job losses, pessimistic about revenue growth in 2017, and other business news
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7 Feb 2017 by 1 Comment
‘More jobs to go’ warning if business continue to rationalise, O’Neill says $S300m loan to be used foreign exchange, Australia funding APEC 2018 to fend off China. Your weekly digest of the latest business news.
In brief: Vote on revised InterOil takeover bid in February, and other business stories
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18 Jan 2017 by Leave a Comment
InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.
InterOil ponders appeal after Canadian court upholds appeal against takeover by ExxonMobil
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14 Nov 2016 by Leave a Comment
The Chairman of InterOil, Chris Finlayson, says the company is considering an appeal to the Supreme Court of Canada after a court upheld an appeal against the US$2.5 billion (K7.9 billion) sale of InterOil to ExxonMobil. Meanwhile, the man behind the appeal, Phil Mulacek, tells Business Advantage PNG he’s open to dialogue.
Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson
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19 Oct 2016 by Leave a Comment
Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.
In brief: Interoil shareholders approve ExxonMobil takeover, and other business stories
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28 Sep 2016 by Leave a Comment
Eighty per cent of Interoil shareholders approve of ExxonMobil’s takeover bid, PNG economy to grow by two-to-three per cent, and plans for a new shipyard in Madang. Your weekly digest of the latest business news.
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