Business
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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…
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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…
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Resource PNG – Episode 8, 2017
On this episode, A look at PNGEITI and why it is an important development for the extractive resource sector, the…
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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…
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Resource PNG – Episode 7, 2017
On this episode, Port Moresby played host to the first ever Petroleum & Energy Summit. The event, which brought together…
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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…
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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…
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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…
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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…
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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…
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