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TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

14 Feb 2024 by Tony Jordan 2 Comments

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
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Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape

31 Jan 2024 by Business Advantage PNG Leave a Comment

James Marape, PNG's Prime Minister, speaks exclusively about PNG's next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.
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Port Moresby’s state of emergency: what business needs to know

17 Jan 2024 by Business Advantage PNG 1 Comment

The Marape government has imposed a 14-day State of Emergency in Papua New Guinea's capital Port Moresby to maintain public order following extraordinary rioting and looting last week. Here's what it means for business.
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New Porgera Chairman announces reopening date for gold mine

13 Dec 2023 by Business Advantage PNG Leave a Comment

The Porgera gold mine in Papua New Guinea's Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

13 Dec 2023 by Tony Jordan 4 Comments

The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
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Papua New Guinea’s 2024 National Budget: what’s in it for business?

30 Nov 2023 by Business Advantage PNG Leave a Comment

An eight per cent increase in government spending and a five percent real GDP growth rate are two of the key predictions Papua New Guinea's 2024 National Budget, announced by Treasurer Ian Ling-Stuckey in Parliament this week. So, what's in the budget for business?
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Major digitisation announcements at Innovation PNG

16 Nov 2023 by Business Advantage PNG Leave a Comment

Last week's 2023 Innovation PNG conference showcased some of Papua New Guinea's best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country's economy.
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Awards shine a light on Papua New Guinea’s innovators

13 Nov 2023 by Business Advantage PNG Leave a Comment

A food delivery service, a banking service for remote users and a new government portal for MSMEs were the big winners at the 2023 Innovation PNG Awards, announced last week.
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Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

25 Oct 2023 by Business Advantage PNG 1 Comment

Newmont Corporation's acquisition of Newcrest Mining, which owns the Lihir gold mine in Papua New Guinea, and is one of the partners in the Wafi-Golpu copper-gold joint venture, is set to be completed in coming days. Business Advantage PNG considers what will happen next.
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Better times ahead on foreign exchange, says Bank of Papua New Guinea Acting Governor

11 Oct 2023 by Business Advantage PNG 2 Comments

September was another tough month for availability of foreign exchange in Papua New Guinea, but central bank Acting Governor Elizabeth Genia has moved to reassure business that the bank is committed to supporting the kina as it adjusts to a lower level against the US dollar. She's also flagging better times ahead on forex.
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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 […]
Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]

News

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape

Port Moresby’s state of emergency: what business needs to know

New Porgera Chairman announces reopening date for gold mine

Papua LNG investment decision faces delay as financiers grapple with climate concerns

Papua New Guinea’s 2024 National Budget: what’s in it for business?

Major digitisation announcements at Innovation PNG

Awards shine a light on Papua New Guinea’s innovators

Newmont to list in Papua New Guinea as Newcrest acquisition is finalised

Better times ahead on foreign exchange, says Bank of Papua New Guinea Acting Governor

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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