New Port Moresby power plant to be online during early 2019, US equity firm bids A$13.5 billion for Santos, and PNG Post keen to diversify. Your weekly digest of the latest business news.
In brief: Gas from PNG LNG plant to feed the Port Moresby grid in early 2019, and other business stories
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4 Apr 2018 by Leave a Comment
In brief: Quake damage in LNG and Ok Tedi mining areas, and other business stories
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28 Feb 2018 by Leave a Comment
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
In brief: Papua New Guinea signs up to China’s ‘One Belt, One Road’ initiative, and other business stories
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21 Nov 2017 by 1 Comment
China deal to benefit Highlands provinces, call for restructure of agriculture department and quarantine authority, and Pacific Assurance Group goes into liquidation. Your weekly digest of the latest business news.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
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14 Dec 2016 by Leave a Comment
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
People moves: ANZ Bank, Santos, Nautilus Minerals, Digicel
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14 Dec 2016 by Leave a Comment
A new senior appointment at the ANZ, Santos appoints VP to manage non-core assets, Nautilus board member resigns, promotion for Digicel PNG’s Marketing Manager.
People moves: ANZ Bank, Santos
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6 Apr 2016 by Leave a Comment
ANZ Bank’s regional CEO to retire, senior management changes at Santos
Oil Search reviewing costs as prices fall, but Botten says Papua New Guinea gas projects will be prioritised
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3 Feb 2016 by Leave a Comment
Declining oil prices have prompted a review of Oil Search’s activities, even as production hit record levels in 2015. Nevertheless, Papua New Guinea’s largest company says it is generating positive cash-flows and will be making a priority of future investment in the PNG LNG and Papua LNG gas projects.
Papua New Guinea mining and petroleum conference to emphasise need for stability: Chamber
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19 Nov 2015 by Leave a Comment
Regulatory stability, and how industry and Government can work together to deliver ‘shared benefits’ will be key themes of next week’s Papua New Guinea Mining and Petroleum Seminar in Port Moresby, according to PNG Chamber of Mines and Petroleum Executive Director, Greg Anderson.
More oil and gas mergers and acquisitions could impact Papua New Guinea, say analysts
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16 Nov 2015 by 2 Comments
Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.
In brief: Santos aims to improve balance sheet by raising funds, and other business stories
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11 Nov 2015 by Leave a Comment
Capital raising launched by Santos, Australia to provide drought relief for Papua New Guinea and National Fisheries Authority secures South Korean contract. Your weekly digest of the latest business news.
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