“Oil Search has been a founding member of the PNG EITI Multi Stakeholder Group (MSG) and has played significant roles in the EITI implementation process in Papua New Guinea."
June 21, 2021The NationalBusiness THE Bank South Pacific Financial Group Ltd (BFL) is not of any transaction involving its correspondent banks in Australia being under review.The group was responding to…
June 22, 2021The NationalBusiness By DALE LUMATHE cost of operating a business in PNG is high because of law and order issues, an unreliable or inconsistent supply of power, water…
“the worst is yet to come”. Peter O’Neill, MP He said current indicators of the economy included the unemployment rate with many people out of jobs, inflation going up and…
Ok Tedi Mining Limited (OTML) today launched its new FM Radio Station, Radio Fly.The launching marked the community radio station’s return to broadcasting after nearly sixyears when it was suspended…
TREASURER Ian Ling-Stuckey has announced arrangements for a review of the Bank of PNG, including the review team members and a terms of reference. The review, proposed in the 2020…
PORT MORESBY 9th JUNE, 2021: The PNG Extractive Industries Transparency Initiative (PNGEITI) has praised the open stakeholder dialogue culminating in reaching consensus to re-open the Pogera Mine in Enga. Parties…
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 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…
EXTRACTIVE TRANSPARENCY COMMISSION BILL PROGRESSING WELL
By GEDION TIMOTHY The extraction of minerals such as gold, copper, zinc and petroleum resources such as liquefied natural gas is complex and challenging. The complex and challenging environment presents…