In brief: Negotiations with Twinza Oil still ongoing and other business stories

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Negotiations for Twinza Oil’s Pasca A still ongoing, ANZ continues to waive fees for online transaction to 10 Pacific countries and Bank South Pacific implements a ‘no mask, no entry’ policy. The news in brief.

New laws, new projects, new power: Kumul Petroleum’s MD on Papua New Guinea’s petroleum and gas future

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In this exclusive interview, Wapu Sonk, Managing Director of Kumul Petroleum Holdings, looks ahead to the next decade of Papua New Guinea’s petroleum and gas sector.

People moves: ExxonMobil, NDB, NBPOL, Twinza, Minister for Foreign Affairs, Pacific Community, Capital Insurance Group, Papua New Guinea Cocoa Board, Kumul Telikom Holdings

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ExxonMobil announces executive changes, the National Development Bank names a new Chief Financial Officer, New Britain Palm Oil appoints new boss, Lae gets a new Consul-General, Pacific Community welcomes a Deputy Director-General Operations and Integration, Capital Insurance Group names Chief Operating Officer, new head for Papua New Guinea Cocoa Board and announcement at Kumul Telikom Holdings.

No shore thing: Twinza and Papua New Guinea deal still uncertain

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The Papua New Guinea government hopes that its ‘in-principle’ agreement with Twinza Oil over the Pasca A offshore oil field in the Gulf of Papua will be a template for new oil and gas projects. But the project isn’t across the line just yet.

In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

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Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville’s new president. The business news you need to kickstart your week.

In brief: Nadzab Airport redevelopment project officially launched and other business stories

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Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.

In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories

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Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.

In brief: Kumul Submarine Cable System completes connections and other business stories

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The Kumul Submarine Cable lands in Bougainville , the Pasca A gas project is on its way to becoming the first offshore field development in PNG and the PNG Tourism Promotion Authority reveals the impact COVID-19 on the tourism industry. The business news your need to kickstart your week.

In brief: Wafi-Golpu negotiations to resume and other business stories

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PNG’s Prime Minister green-lights Wafi-Golpu negotiations, Twinza’s Pasca A project is next on the government’s list and Vision City Mega Mall announces rent assistance for businesses. The business news you need to kickstart your week.

In brief: Papua New Guinea to receive K70 million from the World Bank and other business stories

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World Bank commits K70 million to help Papua New Guinea in its fight against COVID-19, the Minister for Petroleum gives an update on resource projects and Oil Search successfully completes its equity raise. The business news you need to know to kickstart you week.