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Papua New Guinea has enough gas for five trains, says Kumul Petroleum MD

Papua New Guinea has enough gas for five trains, says Kumul Petroleum MD

by David James State petroleum company, Kumul Petroleum, sees its role in developing oil and gas projects in partnership with developers, according to…
Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific Chief

Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific Chief

Image Source: The Giving Network PTY Ltd by Kevin McQuillan The advent of electronic banking in Papua New Guinea has…
Legal changes on the horizon for Papua New Guinea’s mining sector

Legal changes on the horizon for Papua New Guinea’s mining sector

Papua New Guinea is looking to build on solid performance in its mining sector in 2016, though legal reforms expected…
Oil prices slip as rising U.S. supplies offset OPEC cuts

Oil prices slip as rising U.S. supplies offset OPEC cuts

Image: Stacked rigs are seen along with other idled oil drilling equipment at a depot in Dickinson, North Dakota June 26,…
Ela Motors Unveils 4th Generation Toyota Coaster

Ela Motors Unveils 4th Generation Toyota Coaster

Some PMV Bus owners have already purchased the new 4th generation coaster. While some had mixed feelings.
NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance

NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance

Despite tough economic conditions in 2016, a major superannuation provider has managed to achieve solid financial results. On Thursday, NASFUND…
Enabling Market Access for Small Businesses

Enabling Market Access for Small Businesses

Access to markets will mean more business, a healthy contribution to the economy and the exposure of PNG, internationally.
Foreign exchange shortages open up opportunities for Papua New Guinea’s manufacturers

Foreign exchange shortages open up opportunities for Papua New Guinea’s manufacturers

The difficulty in getting foreign exchange is making goods made in Papua New Guinea more attractive, local manufacturers tell ‘Business…
Wall Street challenges U.S. regulator over proposed commodities rule

Wall Street challenges U.S. regulator over proposed commodities rule

By Olivia Oran (Reuters) – Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman…
Oil Search announces Record Oil and Gas Production

Oil Search announces Record Oil and Gas Production

Oil Search has announced record oil and gas production in 2016. The high oil and gas production of 30.24 million…
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