Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs
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23 Oct 2024 by 1 Comment
Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024
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4 Jun 2024 by Leave a Comment
Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
People moves: Air Niugini, BSP, Oceania Customs Organisation, Rural Airstrip Agency, Bougainville Copper, National Can Industries, Ok Tedi
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28 Feb 2023 by Leave a Comment
CEO leaves Air Niugini, Oceania Customs Organisation appoints Papua New Guinean as head, Rural Airstrip Agency (RAA) gets new CEO, Bougainville Copper Limited and National Can Industries Limited welcome new board members, and Ok Tedi Mining Limited confirms managerial appointment.
People moves: Bank of Papua New Guinea, PNG Chamber of Mines & Petroleum, Nambawan Super, OTML, Credit Corp, IFC
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1 Feb 2023 by Leave a Comment
Central bank welcomes a new Acting Governor, the Papua New Guinea Chamber of Mines and Petroleum farewells Executive Director, Nambawan Super gets new board member, changes at Ok Tedi Mining, and Credit Corp announces staff changes.
People moves: Ok Tedi, Geopacific Resources, Data#3
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6 Dec 2022 by Leave a Comment
Senior resignations at Ok Tedi Mining and Geopacific Resources, while Data#3 appoints new CFO.
In brief: Morobe government to revisit Hidden Valley agreement and other stories
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9 Nov 2022 by Leave a Comment
The Morobe government to revisit Hidden Valley agreement, PNG DataCo still repairing the cables broken in the September earthquake and the Investment Promotion Authority to get a new online registry before the year ends. Business news in summary.
In brief: China to support Papua New Guinea’s Ihu Special Economic Zone and other business news
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8 Jun 2022 by Leave a Comment
China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
How to do business with Papua New Guinea’s major mines
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18 May 2022 by Leave a Comment
What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.
In brief: PNGX partners with IFC and other business stories
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18 May 2022 by Leave a Comment
Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.
People moves: SP Brewery, OTML
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25 Jan 2022 by Leave a Comment
South Pacific Brewery (SP Brewery) appoints new Manager for its Lae plant and the Ok Tedi Mining Limited (OTML) Board loses a member.
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