Chronic leadership instability, political interference, and weak governance are undermining the performance of PNG Power Limited (PPL), according to economist Martin Davis of Washington and…
State-Owned Enterprise Minister William Duma has refuted reports alleging that power operator PNG Power is bankrupt. Duma noted that reforms are being implemented within the…
PNG Power Limited (PPL) generated 1.35 billion kina in energy revenue in 2024, including contributions from independent power producers (IPPs), according to CEO Paul Bayly.…
Papua New Guinea’s state power company, PNG Power Ltd (PPL), lost an estimated 472 million kina in 2024 due to fraud, power theft, and internal…
The Special Economic Zone Authority (SEZA) has dismissed allegations by Central Governor Rufina Peter concerning the Caution Bay Special Economic Zone project. Peter had earlier…
The National Court has reserved its ruling on Prime Minister James Marape’s request to dismiss a case brought by the Kumul Petroleum Holdings Limited (KPHL)…
Ok Tedi Mining Limited reported a first-half after-tax profit of 1.8 billion kina ($435 million), more than double the amount recorded in the same period…
The Independent Consumer and Competition Commission (ICCC) has raised strong opposition to the proposed National Energy Authority (Refined Petroleum Products Supply) bill, warning it could…
Prime Minister James Marape on August 1 told Parliament his government was not informed about a significant transaction involving Ok Tedi Mining Limited, Kumul Mineral…
The government is undertaking a significant overhaul of its petroleum sector with the establishment of a new National Petroleum Authority (NPA) and the introduction of…
Energy Minister Peter Iosaimo has introduced landmark legislation intended to transform Papua New Guinea's energy sector by comprehensively regulating the refined petroleum supply chain. The…
Mining and petroleum continue to dominate Papua New Guinea’s export landscape, with the Bank of Papua New Guinea (BPNG) confirming the sector as the country’s…
The Lihir Tenement Association (LTA), which represents the customary landowners of Lihir Island, has declared its full support for the proposed 2025 mining bill and…
The Independent Consumer and Competition Commission (ICCC) has granted Ok Tedi Mining Limited a clearance to purchase the Misima Gold Project from Kingston Resources Limited.…
Prime Minister James Marape met with senior ExxonMobil executives in Houston, United States on July 9 to advance Papua New Guinea (PNG)’s next wave of…
Porgera Landowners Association chairman Mark Tony Ekepa on July 8 said resettlement remains the most urgent and overlooked issues faced by landowners. Ekepa noted that…
International Trade and Investment Minister Richard Maru has voiced his support for the proposed 90-MW Kaugel Hydropower Project in the Southern Highlands province, calling it…
The Papua New Guinea government has officially transferred its 36.46% stake in Bougainville Copper Ltd. (BCL) to the Autonomous Bougainville Government (ABG), a move valued…
State-owned electricity operator PNG Power chief executive officer Paul Bayly on June 25 outlined his key priorities in transforming the institution. Bayly’s strategy focuses on…
PNG Power Limited (PPL) has commissioned two new transformers at its Bomana and Kanudi substations in a 4.2 million kina effort to improve electricity reliability…
The Dubai-based Abu Dhabi National Oil Company (ADNOC) is eager to acquire Papua New Guinea’s (PNG) leading oil and gas company Santos Limited. ADNOC’s subsidiary…
Mining Minister Rainbo Paita on June 16 stated that important agreements for the Kainantu gold mine in Eastern Highlands province are on hold due to…
Samarai-Murua district lawmaker Isi Henry Leonard on June 11 criticized the acquisition of the Misima exploration license in Milne Bay province by state-owned Ok Tedi…
Prime Minister James Marape on June 10 stated that the country does not support deep-sea mining within its exclusive economic zone. Marape made the statement…
Jerry Garry, the managing director of the Mineral Resources Authority (MRA), on June 4 acknowledged that regulating and controlling gold production from Papua New Guinea's…
