Latest news Archives - Page 41 of 142 - Business Advantage PNG

Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

15 Jun 2020 by David James 9 Comments

Prime Minister James Marape has introduced changes to Papua New Guinea’s oil and gas law, claiming it will benefit the country’s ‘national interest’. The changes may well represent a major shift in the way projects are developed in the future.
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In brief: Oil Search back trading on PNGX and other business stories

10 Jun 2020 by Business Advantage PNG Leave a Comment

Oil Search back trading on PNGX, new wholesale internet prices coming and ambitions plans for PNG's cocoa industry. Your latest summary of the business news you need to know.
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Porgera: Barrick can challenge decision to end mining lease

10 Jun 2020 by David James Leave a Comment

Papua New Guinea's National Court has granted Barrick Niugini leave for a review of the decision not to extend the Special Mining Lease for the Porgera gold mine. Related disputes have also arisen, and the Prime Minister has flagged 'minor amendments' to PNG's Mining Act.
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Oil Search shares suspended on Papua New Guinea’s stock exchange

3 Jun 2020 by Paul Chai Leave a Comment

Oil Search, Papua New Guinea’s biggest company, has been suspended from trading on PNGX, the country's stock exchange, amidst claims that it did not follow proper procedure in its recent capital raising – claims the company is refuting.
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Papua New Guinea’s state of emergency extended by two weeks

3 Jun 2020 by Paul Chai Leave a Comment

Parliament has voted to extend Papua New Guinea's state of emergency by two weeks while it debates how the country will look when the restrictions are eventually eased.
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In brief: Papua New Guinea ‘will shortly be sending Exxon’ its final position for P’nyang and other business stories

1 Jun 2020 by Business Advantage PNG 1 Comment

Papua New Guinea's Prime Minister, James Marape, talks about the delays in resources projects, Air Niugini through its subsidiary Link PNG could purchase up to 60 per cent of shares in PNG Air and K113,000,000 from the COVID-19 stimulus package will be used to improve food security and strengthen agriculture production.
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Reconsidering Porgera: Papua New Guinea’s industry bodies urge government to negotiate

1 Jun 2020 by David James 7 Comments

Papua New Guinea's government is coming under intense pressure to renegotiate the Special Mining Lease for the Porgera gold mine, which it refused to extend in April. Multiple industry bodies have urged the government to urgently negotiate with the mine’s joint venture operators, Barrick Gold and Zijin Mining, pointing to extreme economic stress.
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Link PNG swoops: state-owned airline bids for a slice of PNG Air

1 Jun 2020 by Paul Chai Leave a Comment

Air Niugini subsidiary Link PNG has launched a takeover bid for rival domestic carrier PNG Air – via a share acquisition from Nasfund. With the national airline undergoing significant restructuring, what are the prospects for a sustainable aviation sector in Papua New Guinea?
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Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets

27 May 2020 by David James Leave a Comment

The oil price has been extremely weak but the fall in LNG prices has stabilised and palm oil is up: a monthly review of Papua New Guinea's commodities and financial markets. Business Advantage PNG’s monthly overview of commodity and financial markets.
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Going strong but for how long? Ok Tedi Mining announces strong profits and dividends

27 May 2020 by David James Leave a Comment

Ok Tedi Mining has announced strong profits and dividends – important because it accounts for over four per cent of Papua New Guinea’s economy. But the future of the company, which has new shareholders, will depend on finding new reserves beyond the Ok Tedi mine's projected six-year mine life.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Oil change: Marape to alter Papua New Guinea’s oil and gas legislation

In brief: Oil Search back trading on PNGX and other business stories

Porgera: Barrick can challenge decision to end mining lease

Oil Search shares suspended on Papua New Guinea’s stock exchange

Papua New Guinea’s state of emergency extended by two weeks

In brief: Papua New Guinea ‘will shortly be sending Exxon’ its final position for P’nyang and other business stories

Reconsidering Porgera: Papua New Guinea’s industry bodies urge government to negotiate

Link PNG swoops: state-owned airline bids for a slice of PNG Air

Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets

Going strong but for how long? Ok Tedi Mining announces strong profits and dividends

Editor’s picks

Economic update: Papua New Guinea’s decade of growth begins

Restaurant review: Lucky Lucky, Port Moresby

Papua New Guinea’s banks embrace a digital future

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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