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Mining/petroleum

Ok Tedi Mining’s new COO outlines his strategy after Papua New Guinea extends the life of the mine

10 Dec 2014 by 3 Comments
The life of the key Ok Tedi mine is to be extended for another 11 years, but with falling ore prices and diminishing resources, the company faces critical challenges. In this exclusive interview with Business Advantage PNG, Musje Werror, the man chosen to lead Ok Tedi Mining, outlines his strategy.
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Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference

3 Dec 2014 by Leave a Comment
In spite of the recent worldwide slump in commodity prices, numbers were strong at this week's 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.
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Papua New Guinea mining and petroleum conference to focus on global mining downturn

19 Nov 2014 by
Next month’s Mining and Petroleum Investment Conference in Sydney will take a critical look at how the industry can build on recent successful ventures in Papua New Guinea, as it deals with the global downturn.
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Puma Energy plans $US220 million refinery upgrade in Papua New Guinea

12 Nov 2014 by Leave a Comment
Puma Energy, which acquired the downstream assets of InterOil Corporation in Papua New Guinea in the the middle of 2014, is planning a major US$220 million upgrade of its Napa Napa refinery outside Port Moresby. According to a senior Puma executive, the upgrade will facilitate not only more reliable domestic supplies of petroleum products, but exports.
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Cott Oil and Gas focuses on Pandora gas field’s potential for floating LNG

29 Oct 2014 by
Cott Oil and Gas Ltd has undergone a restructure to allow the company to focus on developing what could be Papua New Guinea’s first floating liquefied natural gas (FLNG) project – at the Pandora gas field in the Gulf of Papua. Cott's Managing Director Andrew Dimsey outlines the company's plans to Business Advantage PNG.
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Puma Energy commits to PNG growth, rebrands first service station

24 Sep 2014 by 23 Comments
Puma Energy is starting to show its colours in Papua New Guinea, with the rebranding of its first service station following the acquisition of InterOil's downstream assets in PNG earlier this year. It's part of a regional investment strategy, PNG General Manager Peter Diezmann tells Business Advantage PNG.
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Bougainville Copper maintains inside running on re-opening Panguna mine

20 Aug 2014 by Leave a Comment
The Bougainville parliament has just passed an interim mining act, paving the way for its troubled Panguna copper mine to re-open. Even though the new act removes the automatic renewal of its lease to continue, Bougainville Copper Limited is still the preferred mine operator, as Kevin McQuillan reports.
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