Business
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Oil Search’s assets ‘highly profitable’ despite weak prices says MD
March 11, 2017
Oil Search’s assets ‘highly profitable’ despite weak prices says MD
Peter Botten, Managing Director of PNG’s largest company Oil Search, tells Business Advantage PNG that the company’s PNG assets are ‘highly…
Why hosting APEC will transform Papua New Guinea
March 11, 2017
Why hosting APEC will transform Papua New Guinea
The APEC meeting in 2018 in Port Moresby will be a major boost for Papua New Guinea, David Toua, President…
Shell CEO urges switch to clean energy as plans hefty renewable spending
March 10, 2017
Shell CEO urges switch to clean energy as plans hefty renewable spending
HOUSTON (Reuters) – The oil and gas industry risks losing public support if progress is not made in the transition…
Oil prices slump amid ample supply, gold falls
March 10, 2017
Oil prices slump amid ample supply, gold falls
Image: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2017. REUTERS/Brendan…
Oil imports lift U.S. trade deficit to near five-year high
March 8, 2017
Oil imports lift U.S. trade deficit to near five-year high
Image: A mule truck moves a container in the Port of Miami in Miami, Florida, U.S., May 19, 2016. REUTERS/Carlo Allegri…
Deutsche Bank to raise 8 billion euros, plans major reorganization
March 6, 2017
Deutsche Bank to raise 8 billion euros, plans major reorganization
By Arno Schuetze FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its…
PNG Communication Workers Union Against merging of Three Communication Companies
March 2, 2017
PNG Communication Workers Union Against merging of Three Communication Companies
Union President Nug Mimtirin, says there is no legislative framework for the merging, and employees of Telikom are at risk…
Members of Nambawan Super to enjoy 9% Interest on their savings
March 2, 2017
Members of Nambawan Super to enjoy 9% Interest on their savings
Board Chairman, Anthony Smare, said the board was happy to make this announcement of increased profit, despite the challenging economic…
Polye: No Tax Holiday for Investors in Petroleum and Energy Sector
March 2, 2017
Polye: No Tax Holiday for Investors in Petroleum and Energy Sector
“I will not give tax holidays, because the market is lucrative, quality resource here and there is no justifiable reason…
Strategic MoU to sell PNG’s LNG in Japan
March 1, 2017
Strategic MoU to sell PNG’s LNG in Japan
Kumul Petroleum Holdings Limited, KPHL, today signed an agreement, forging a formal arrangement with LNG japan Corporation, for a closer…