Kumul Petroleum’s ambitious plans to boost electrification in Papua New Guinea

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Papua New Guinea’s national oil and gas company plan to  increase household electrification and encourage growth in remote locations. Its Managing Director, Wapu Sonk, has revealed the company plans to diversify and focus on more downstream activities in order to maintain revenues.

People Moves: Kumul Petroleum, Nautilus, National Gaming and Control Board, PNG Customs, Provincial Administrators

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New Chairman for Kumul Petroleum Holdings Limited, Nautilus names a new Managing Director, the National Gaming and Control Board reappoints CEO, Papua New Guinea Customs Chief Commissioner gets a five-year term.

Papua LNG head talks exclusively about the future of the project

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With the signing of the Papua LNG gas agreement with Papua New Guinea’s government imminent, Managing Director of Total PNG Ltd, Jean-Marc Noiray, shares his thoughts on the US$10 billion Papua LNG project with Business Advantage PNG.

In brief: KPH and Total to market LNG sales jointly, and other business stories

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Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.

In brief: Design of floating LNG plan underway, and other business stories

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Kumul Petroleum signs MOU for design of floating LNG plant,  K64 million tourism support for Milne Bay and ENB provinces, and BSP reports K185 million Q3 profit. Your weekly digest of the latest business news.

Simulated gas processing plant for Papua New Guinea’s oil and gas training academy

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A simulated gas processing plant has arrived in Port Moresby for use at the new Kumul Petroleum Academy, and is due to begin operating by September.

People moves: Kina Securities, Kumul Petroleum Holdings

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A new CEO for Kina Securities after Syd Yates decides to retire, Kumul Petroleum Holdings appoints head of new energy business unit.

In brief: CPL recovering from fire at headquarters and warehouse, and other business stories

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‘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.

People moves: Kumul Petroleum, PoMSOX

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A new Chair of Kumul Petroleum and a new General Manager of the Port Moresby Stock Exchang

In brief: Supplementary Budget in January to address tax measures, and other business stories

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Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.