K92 Mining Limited, the operator of the Kainantu gold mine in Eastern Highlands, announced record-breaking results with quarterly production of 53,401 ounces of gold equivalent…
The Independent Consumer and Competitions Commission (ICCC) said gasoline prices slightly increased and prices for diesel and kerosene decreased on January 8 across Papua New…
Independent Power Producers (IPPs) who already have a large stake in state-run power generator PNG Power are well positioned to consider a partial privatization of…
Prime Minister James Marape on December 31, 2024, said the central government will work with Porgera landowners to finalize a community benefit-sharing agreement by the…
Prime Minister James Marape on December 31 said the Ok Tedi Mine, one of the country’s largest gold and copper operations, will continue for another…
Australian oil and gas firm Santos announced the signing of a binding long-term liquefied natural gas (LNG) Supply and Purchase Agreement (SPA) with Shizuoka Gas…
The central government on December 19 signed a gas agreement with developer Twinza Oil limited and other stakeholders in a landmark deal with Port Moresby…
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…
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…
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…
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…
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…
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…
Mission Aviation Fellowship (MAF) said it is facing fuel shortages following Puma Energy’s announcement that it will cease fuel deliveries for aviation in Papua New…
Supplies of aviation fuel are running low in several parts of Papua New Guinea, a source told Concord on November 22. According to the source,…
Mining giant Rio Tinto and the government in the autonomous Papua New Guinea (PNG) region of Bougainville are set to form a roundtable to address…
The Mineral Resources Authority (MRA) and the China Geological Survey signed a Memorandum of Understanding (MoU) to cooperate in geological exploration in the country. MRA…
Deputy Prime Minister and Lands and Physical Planning Minister John Rosso on November 11 raised concerns over the lack of development in the Wafi-Golpu gold…
Kumul Petroleum Holdings Limited (KPHL) has finalized its acquisition of additional equity in the PNG Liquefied Natural Gas (LNG) Project from Santos Limited. Under KPHL’s…
