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Oil down 1 pct on surprise rise in U.S. inventories, high OPEC output

Oil down 1 pct on surprise rise in U.S. inventories, high OPEC output

Image: FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd…
Apple says it is removing VPN services from China App Store

Apple says it is removing VPN services from China App Store

"We view access to Internet in China as a human rights issue and I would expect Apple to value human…
Amazon everywhere: E-commerce titan is topic companies can’t avoid

Amazon everywhere: E-commerce titan is topic companies can’t avoid

"Just that name puts fear even if it's just a rumor that they might be going into your space," said…
Oil prices dip but stay near eight-week highs on U.S. stock declines

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

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

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

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…
Global mining major needed to re-open Bougainville’s Panguna copper mine?

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

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…
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