Business
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Oil down 1 pct on surprise rise in U.S. inventories, high OPEC output
August 2, 2017
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
July 30, 2017
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
July 29, 2017
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
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…