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Oil drops as Syria risk seen muted after weekend air strikes
April 17, 2018
Oil drops as Syria risk seen muted after weekend air strikes
Oil prices dropped on Monday as investor concern waned about escalating tensions in the Middle East following air strikes on…
Wall Street rises, focus turns to earnings from geopolitics
April 17, 2018
Wall Street rises, focus turns to earnings from geopolitics
U.S. stocks closed higher on Monday, with the biggest boosts from technology and healthcare sectors as investors were optimistic about…
ExxonMobil Resumes LNG Production in Papua New Guinea
April 13, 2018
ExxonMobil Resumes LNG Production in Papua New Guinea
ExxonMobil said today that production of liquefied natural gas (LNG) has safely resumed at the PNG LNG project in Papua…
ExxonMobil Announces 84 Percent Increase in P’nyang Resource, Potential Expansion in PNG
April 12, 2018
ExxonMobil Announces 84 Percent Increase in P’nyang Resource, Potential Expansion in PNG
Exxon Mobil Corporation today announced that the size of the natural gas resource at the P’nyang field in Papua New…
Wall Street falls on Syria concerns, interest rate worries
April 12, 2018
Wall Street falls on Syria concerns, interest rate worries
The rising tensions sent oil prices surging, boosting energy stocks 1 percent. But the risk-off sentiment weighed on Treasury yields,…
Zuckerberg ditches T-shirt, apologizes for Facebook mistakes
April 10, 2018
Zuckerberg ditches T-shirt, apologizes for Facebook mistakes
WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg swapped his trademark T-shirt and jeans for a dark suit and…
Central bank Governor calls for plan to make Papua New Guinea self-sufficient in food
April 9, 2018
Central bank Governor calls for plan to make Papua New Guinea self-sufficient in food
Image : PNG’s Central Bank Governor Loi Bakani. Credit: BAI The Governor of the Bank of Papua New Guinea has…
Loloata Island Resort gets a makeover
April 9, 2018
Loloata Island Resort gets a makeover
Image: An artist’s impression of Loloata Island resort. Credit: Thomson Adsett Residents and visitors to Port Moresby will soon have…
Second Key APEC Meeting to be held in Port Moresby in May 2018
April 4, 2018
Second Key APEC Meeting to be held in Port Moresby in May 2018
Image: APEC Senior Officials Meeting 1 More than a thousand delegates from APEC’s 21 member economies are expected to attend…
Transparency Initiative report calls for improved systems in extractive sector in Papua New Guinea
April 4, 2018
Transparency Initiative report calls for improved systems in extractive sector in Papua New Guinea
The 2016 Papua New Guinea Extractive Industries Transparency Initiative report has found that improvements are being made to registry and payment systems in…