Kumul Petroleum Holdings Limited (KPHL) on December 19 made a second dividend payment of 150 million kina to the central government for the 2024 financial…
Department of Mineral Policy and Geohazards Management secretary Harry Kore on December 18 said the time is now right for the central government to introduce…
Kumul Petroleum Holdings Limited’s (KPHL) contractor China Petroleum Pipeline Engineering, a subsidiary of China National Petroleum Company, launched the construction of a Jet A1 fuel…
Institute of National Affairs (INA) executive director Paul Barker on December 13 said the privatization of state-owned power company PNG Power will be a challenge…
New Porgera Limited (NPL) signed long-term compensation agreements (LTCAs) with landholder agents for 14 of its 15 tenements that require compensation, local media said on…
Prime Minister James Marape on December 11 announced a partial privatization of state-owned electricity provider PNG Power. Marape said the initiative will involve a partnership…
International Trade and Investment Minister Richard Maru on December 11 raised concerns and ordered an investigation into an alleged breach of a memorandum of agreement…
State-owned power operator PNG Power Limited has blamed blackouts in Lae of Morobe province on an unexpected electrical malfunction since December 9. A company statement…
The central government will introduce a production-sharing regime in 2025 in an amendment to the Oil and Gas Act, Petroleum Minister Jimmy Maladina said on…
Prime Minister James Marape said the central government has acquired a 70% stake in Twinza Oil’s Pasca A projects located 90 km off the Gulf…
The Autonomous Bougainville Government (ABG) has completed feasibility studies and design work for a new fuel-import wholesale terminal project, President Ishmael Toroama on December 10…
Bougainville Copper Limited executive chairman Mel Togolo on December 10 said development initiatives at the Panguna mine in Bougainville are projected to generate 120 billion…
Prime Minister James Marape told the 2024 Papua New Guinea (PNG) Resources and Energy Conference in Sydney, Australia on December 9 that his country will…
The Wafi-Golpu mining and Pasca gas projects are at an advanced and matured stage of negotiations, Prime Minister James Marape told the media on December…
Local authorities have accepted an early mining lease submission by New Ireland’s Simberi open-pit gold and silver miner Australia-based St. Barbara Limited, local media said…
New general manager for mining operator Porgera Limited James McTiernan on December 9 highlighted ongoing challenges following a massive landslide and lawlessness at the Porgera…
Ok Tedi Mining Limited managing director and chief executive officer Kedi Ilimbit on December 9 said the mining operation at the Ok Ted mine in…
Prime Minister James Marape on December 9 said China has committed to purchase 3 billion metric tons of gas from Papua New Guinea’s (PNG) Papua…
The waste left at an abandoned copper mine in Bougainville operated by Rio Tinto group has contributed to widespread damage and remains a risk to…
The Independent Consumer and Competitions Commission (ICCC) said gasoline prices decreased slightly and prices for diesel and kerosene increased slightly on December 8 across Papua…
A final investment decision (FID) on the Papua New Guinea (PNG) liquified natural gas (LNG) project is likely to be made within the next 12…
TotalEnergies EP PNG Limited, operator of the Papua LNG project, launched the opening of four infrastructure projects in Subu 2, Baimuru local level government (LLG),…
The Autonomous Bougainville Government (ABG) welcomed what it calls tangible progress on the re-opening of the Panguna mining project. The mine, shut down 35 years…
Mining Minister Wake Goi on November 26 approved 44 mining permit applications, including exploration licenses, in Port Moresby. The 44 licenses include 18 extension licenses,…
The Morobe provincial government on November 25 signed a memorandum of understanding with Morobe Resources Holdings Limited and state-run electricity operator PNG Power Limited for…
