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Oil prices recover on big U.S. crude stock drawdown, pipeline shutdown supports

Oil prices recover on big U.S. crude stock drawdown, pipeline shutdown supports

Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
Small Businesses Strengthen Connections at Lae Meet

Small Businesses Strengthen Connections at Lae Meet

A newly established business in Lae, PNG on Demand hosted a SME meeting on the weekend that brought together small…
Landowners Can Participate Through MRDC

Landowners Can Participate Through MRDC

In a statement today, Chairman of NiuPower Holdings, Wapu Sonk has left the door open for landowner participation through Mineral…
Bitcoin futures make firm debut, dollar holds gains ahead of Fed

Bitcoin futures make firm debut, dollar holds gains ahead of Fed

Image: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration By…
More Energy Sources Needed

More Energy Sources Needed

Secretary of the Public Enterprises Department was speaking at the recent Ramu Grid Roundtable Stakeholders Meeting in Madang. He said…
PNG Housing Model in Edai Town

PNG Housing Model in Edai Town

With housing being a major problem in main cities like Port Moresby and Lae, some real estate companies are reducing…
YouTube to launch music subscription service next year: Bloomberg

YouTube to launch music subscription service next year: Bloomberg

Record label Warner Music Group has already signed on while Sony Music Entertainment, Universal Music Group, and Merlin, a consortium…
National Fisheries Authority Will Pay More

National Fisheries Authority Will Pay More

The authority is expected to pay K400 million in 2018; a huge spike from K150 million in previous years.
Climate Change Affecting Tuna Stock

Climate Change Affecting Tuna Stock

Research carried out by the Pacific Community and their partners, using complex modeling, shows spatial shifts in the tuna stocks…
No Update on PMIZ

No Update on PMIZ

The K350 million project, touted to be a game-changer for the Fisheries industry in Papua New Guinea, generating 30,000 local…
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