Business
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Oil prices dip but stay near eight-week highs on U.S. stock declines
July 28, 2017
Oil prices dip but stay near eight-week highs on U.S. stock declines
Image: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Picture…
PNG looks to APEC and new energy developments to spur real estate market
July 25, 2017
PNG looks to APEC and new energy developments to spur real estate market
A lift in activity is expected for Papua New Guinea’s residential property market heading into next year, boosting both rentals…
Papua New Guinea taps renewables and gas to satisfy growing energy demand
July 25, 2017
Papua New Guinea taps renewables and gas to satisfy growing energy demand
Currently, PNG has less than 600 MW of installed generation capacity, according to the Department of National Enterprises, and frequent…
In brief: Newcrest Mining reports drop in gold production and other business stories
July 25, 2017
In brief: Newcrest Mining reports drop in gold production and other business stories
Newcrest Mining reports drop in gold production, claims tourism can make strong contribution to Papua New Guinea economy, and reports…
Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets
July 25, 2017
Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets
Oil prices have recovered and coffee and cocoa are strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity…
Global mining major needed to re-open Bougainville’s Panguna copper mine?
July 25, 2017
Global mining major needed to re-open Bougainville’s Panguna copper mine?
Moves to re-open the Panguna copper mine on Bougainville are gathering momentum. Funding the re-opening is a key concern, however,…
Simulated gas processing plant for Papua New Guinea’s oil and gas training academy
July 25, 2017
Simulated gas processing plant for Papua New Guinea’s oil and gas training academy
A simulated gas processing plant has arrived in Port Moresby for use at the Kumul Petroleum Academy, an institution tasked…
In brief: Total to build separate LNG pipeline, and other business stories
July 25, 2017
In brief: Total to build separate LNG pipeline, and other business stories
Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and…
Oil extends gains as Saudi pledges export curbs
July 25, 2017
Oil extends gains as Saudi pledges export curbs
In a ministerial meeting in St. Petersburg on Monday, Saudi Energy Minister Khalid al-Falih said the Organization of the Petroleum…
Visa beats profit estimates, lifts earnings forecast
July 21, 2017
Visa beats profit estimates, lifts earnings forecast
Visa, which generates revenue by facilitating credit- and debit-card transactions, has benefited from increased consumer spending in the United States…