Santos, the operator of the Kutubu oil fields says it is reviewing a direction by the PNG lead environment regulator to pay millions of kina to Kutubu landowners for damages…
The Mineral Resources Authority (MRA) management and staff officially welcomed the newly appointed Mining Minister, Hon. Wake Goi MP, to the MRA on yesterday. Minister Goi, who serves as the…
Bougainvillians returning from seasonal work in Australia are leveraging their newly acquired skills and earnings to launch agricultural projects and businesses within their communities. Recently, alumni of the Bougainvillean seasonal…
Santos this week announced it had executed documentation to refinance its 2025 maturing syndicated bank loan facility. Santos holds leading shares in the PNGLNG Project following the successful merger with…
Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located offshore from Kerema town. The…
Kina Asset Management Ltd (KAML) has announced a historic interim dividend of 20 toea per share for the half-year ending 30 June 2024, following a strong net profit of K9.9…
Ok Tedi Mining Limited (OTML) was recently awarded the Statement of Compliance (SOC) for its Kiunga Port, marking a significant milestone in ensuring the port’s adherence to the International Ship…
PNG leading retailer CPL Group has announced its financial results for the first half of the year, highlighting a 13% decline in revenues, totaling K239.5 million, as the company grapples…
Fisheries and Marine Resources Minister Jelta Wong has announced that the National Tuna Domestication Strategy (NTDS) will be officially launched in the first quarter of 2025. In the lead-up to…
By Roselyn Erehe The National Energy Authority (NEA) has officially introduced its Corporate Plan for 2023-2027, marking a pivotal moment for the energy sector in Papua New Guinea (PNG). Launched…
