People moves: NBPOL, InterOil and other senior appointments

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A new, independent director at New Britain Palm Oil, two new executives at InterOil, and other appointments.

In brief: Government to appeal Ok Tedi ruling, and other stories

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The O’Neill Government to appeal a National Court ruling ordering Ok Tedi to suspend dumping, Fisheries Authority makes K10m available for small business, and Newcrest cash-flow looking positive. Your quick digest of the week’s business news.

In brief: InterOil to begin drilling new wells and other stories

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InterOil to begin eight new wells in Gulf Province, Lae business chamber calls for more fire services, and Bougainville prepares for referendum. Your quick digest of the week’s business news.

Port Moresby’s next growth corridor

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Major industrial projects underway or in the pipeline north-west of Port Moresby look likely to create an industrial and logistics corridor over the next five years. Business Advantage PNG examines the progress in Central Province, just outside Papua New Guinea’s capital.

What’s on the agenda for Papua New Guinea business in 2014?

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The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O’Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.

‘Modest’ gas find in Gulf of Papua – Oil Search

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Oil Search has reported that while it has discovered only ‘modest’ quantities of natural gas during a new exploration campaign in the Gulf of Papua, it will continue drilling in the area.

In brief: PNG Power price increase postponed and other stories

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PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.

InterOil teams up with Total to develop Papua New Guinea’s second LNG project

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InterOil Corporation has announced it is teaming up with France’s Total S.A. to develop Papua New Guinea’s second LNG gas project at the Elk and Antelope fields in Gulf Province. How will the new project fit into PNG’s existing LNG landscape?

People moves: InterOil

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InterOil Corporation has announced that Dr. Michael Hession has joined the company as Chief Executive Officer, following the retirement of Phil Mulacek.

Mining and petroleum in Papua New Guinea face contrasting fortunes, says Chamber head

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Next week’s Papua New Guinea Mining and Petroleum Seminars in Port Moresby will highlight the increasing divergence in fortunes of PNG’s mining and petroleum sectors, according to Greg Anderson, Executive Director of the Papua New Guinea Chamber of Mines and Petroleum.