TWINZA AWAITING RESPONSE FROM PETROLEUM MINISTER
The project lead of the offshore Pasca Gas Project in Gulf, Twinza has announced it notes the comments regarding the Pasca A Gas Agreement made by the Petroleum Minister, the…
KUMUL PETROLEUM SECURES DEAL FOR ADDITIONAL 7% FREE CARRIED EQUITY IN LANDMARK DEAL WITH TOTAL SE
Kumul Petroleum Holdings Limited, Papua New Guinea’s national oil and gas company, announced today an increase in its aggregate equity in future joint exploration projects with Total SE following talks…
K92 MINING ANNOUNCES RESUMPTION OF EXPATRIATE FLY-IN FLY-OUT TRAVEL BETWEEN PAPUA NEW GUINEA AND AUSTRALIA
ANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — K92 Mining Inc . (“ K92 ” or the “ Company ”) (TSX : KNT; OTCQX : KNTNF) is pleased to…
THE SOUTH PACIFIC’S LARGEST BANK ADMITTED TO AUSTRALIA’S ASX
PNGX listed BSP Financial Group Limited (BSP) has successfully joined the Australian Securities Exchange. BSP’s dual-listing will open up the company’s register to Australian investors and boost the liquidity of…
KINA PUSHES PNG FORWARD WITH THEIR NEW CHIEF OF STAFF, JUDITH UGAVA-TAUNAO
Kina Bank is pleased to announce the appointment of Judith Ugava-Taunao as Chief of Staff reporting directly to the Chief Executive Officer. In this new senior leadership role, Judith will…
ADDITIONAL FINANCING SUPPORT FOR PAPUA NEW GUINEA
Australia is supporting its Pacific and Timor-Leste partners as we work together to recover as a region from the health, economic and social impacts of the COVID-19 pandemic. In further…
GOVERNMENT HANDS OVER PORGERA FRAMEWORK AGREEMENT TO LANDOWNERS AND ENGA PROVINCIAL GOVERNMENT
Prime Minister James Marape (Friday June 4th 2021) visited Porgera accompanied by State Ministers and Government delegates to announce the new Porgera Framework Agreement. The agreement was successfully negotiated with…
PACIFIC TO RETURN TO POSITIVE GROWTH IN 2021 — ADB
The Pacific is forecast to return to positive growth in 2021, according to a new report by the Asian Development Bank (ADB) released today. But the region’s outlook remains subject…
EITI IMPLEMENTATION IN PAPUA NEW GUINEA HELPS SHAPE POLICY IN THE PNG MINING AND PETROLEUM SECTORS
PORT MORESBY: 26th 2021: The publication of Extractive Industries Transparency Initiative reports are meaningless if they do not give raise to critical policy debates for a robust mining and petroleum…
PAUL BARKER ON PROPOSED AMENDMENT TO THE PNG CENTRAL BANKING ACT
Rumors have been floating lately that Government has proposing some changes to the Central Banking Act which would give the executive Government powers to print money as and when needed.…