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.
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.
Capital raising launched by Santos, Australia to provide drought relief for Papua New Guinea and National Fisheries Authority secures South Korean contract. Your weekly digest of the latest business news.
Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.
A founding shareholder in the PNG LNG project, Santos, says it will carry out a ‘full strategic review’ of its operations, after losing more than A$8 billion in market value in the first half of 2015.
Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel’s PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.
Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.
O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.
Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG.
Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.