An undertaking by state owned Kumul Petroleum Holdings Limited (KPHL) to increase its PNGLNG equity through a conditional arrangement between PNGLNG partner Santos has raised…
KUMUL OFFERS TO ACQUIRE 5% OF PNGLNG FROM SANTOS
Santos yesterday advised it has received a binding conditional offer from Kumul Petroleum Holdings Limited (Kumul) to acquire a 5 per cent project interest in…
NASFUND ANNOUNCES NEW BOARD CHAIR IN TAMZIN WARDLEY
The Nasfund Board today announced the  appointment of Ms. Tamzin Wardley as the Fund’s new Chairperson from the 1st October 2022. Ms. Wardley has over…
PNG ECONOMY RETURNS TO GROWTH BACKED BY HIGHER COMMODITY PRICES- 4 % EXPANSION PROJECTED
The  Papua New Guinea  economy is forecast to expand by four percent in 2022, up from one percent in the previous year, according to the…