Papua New Guinea’s oil and gas sector has a new player after Singapore-based Puma Energy’s purchase of InterOil Corporation’s downstream business.
InterOil gets cashed up for more Papua New Guinea exploration
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18 Jun 2014 by Leave a Comment
InterOil Corporation has finalised a US$300 million loan, which it will use to explore the Eastern Papua Basin of Papua New Guinea.
In brief: Government considers lift in minimum wage and other business stories
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21 May 2014 by Leave a Comment
Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.
LNG gives Oil Search Limited a strong cashflow for next 20 years: Botten
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21 May 2014 by Leave a Comment
With shipments of gas from the PNG LNG project under way, Business Advantage PNG talks exclusively to Peter Botten, CEO of venture partner Oil Search Limited, about the future of Papua New Guinea’s largest company and hydrocarbons in PNG.
InterOil to ‘strongly defend’ Elk-Antelope deal with Total
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2 Apr 2014 by Leave a Comment
InterOil says it will strongly defend the recent deal it signed with French oil company Total SA involving the Elk-Antelope gas fields Gulf Province.
Where is Papua New Guinea’s next LNG project?
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4 Sep 2013 by 6 Comments
With the ExxonMobil-led PNG LNG project ‘more than 90% complete’ and due to start exports in the second half of 2014, what are the chances of additional LNG projects for PNG? Business Advantage PNG considers the candidates.
In brief: PM takes over Treasurer’s role, first LNG shipments ahead of schedule and Ok Tedi Mining profits plunge
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12 Mar 2014 by Leave a Comment
O’Neill sacks two more Cabinet ministers, Exxon expects LNG exports to start early and Ok Tedi Mining profits plunge 80%. Your weekly digest of the latest business news.
Elk/Antelope gas fields: what’s really going on?
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5 Mar 2014 by Leave a Comment
The jockeying for positions in what could be Papua New Guinea’s second liquefied natural gas project has taken a surprising turn, with Oil Search purchasing Pac LNG’s holding in the Elk and Antelope gas fields in Gulf Province.
In brief: new Petroleum Minister, Oil Search bond buyback and other stories
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26 Feb 2014 by Leave a Comment
PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.
In brief: Papua New Guinea government to sell 50% stake in Air Niugini and other stories
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5 Feb 2014 by
The Papua New Guinea Government plans to sell its 50% in Air Niugini, PNG Power calls for overseas power investors and tuna industry threatened. Your weekly digest of the week’s business news.
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