Santos, alongside project partners TotalEnergies and ExxonMobil, is gearing up for a critical decision on the $15 billion Papua LNG project by late 2025. This ambitious...
Santos targets late 2025 for final 15b investment decision
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Risks at abandoned Panguna Mine highlighted
A recent investigation has underscored the significant environmental and safety hazards posed by the abandoned Panguna copper mine in Bougainville, PNG. The mine, once...
Australia Pacific Business Councils participate in talks at Samoa CHOGM
The Commonwealth Business Forum (CBF) 2024, held in Apia, Samoa on 23–24 October as part of the Commonwealth Heads of Government (CHOGM) and associated meetings, marked...
Air Niugini upgrades fleet, launches loyalty initiative
The Asian Development Bank (ADB) has approved a substantial $140 million financing package aimed at upgrading Air Niugini’s fleet. This investment marks a significant...
PNG’s energy crisis threatens growth, Minister says
Papua New Guinea’s energy crisis remains one of the country's most critical barriers to economic growth, a theme that was at the forefront of Minister for International...
Kava’s economic potential highlighted at CHOGM event
At a side event during the Commonwealth Heads of Government Meeting (CHOGM) in Apia, Samoa, last month, Pacific Islands Forum Secretary General Baron Waqa highlighted...
Marape champions PNG-Samoa business ties at CHOGM
Prime Minister James Marape attended the Commonwealth Heads of Government Meeting (CHOGM) in Samoa last month, where he used the opportunity to advocate for stronger...
New agreement strengthens PNG-Vanuatu ties
Prime Minister James Marape of Papua New Guinea and Prime Minister Charlot Salwai Tabimasmas of Vanuatu recently signed a framework agreement that solidifies a...
Port Moresby emerging as modern Pacific hub
Port Moresby is rapidly evolving into a modern Pacific hub, with large-scale urban development projects aimed at bolstering Papua New Guinea’s economy and transforming...
APNGBX24 strengthens partnerships, explores opportunities
The 2024 Australia-Papua New Guinea Business Exchange (APNGBX24) successfully concluded a five-day visit (23-27 September) that spanned key economic hubs—Lae and Port...
Shining a light on Australia’s infrastructure projects in PNG
An engaging presentation delivered by Dianne Barclay, Minister-Counsellor, Economics, Health & Infrastructure at the Australian High Commission, outlined...
PNG’s economic resilience tested by delays in major projects
In a detailed economic update presented by Westpac’s Senior Economist, Justin Smirk, at a breakfast meeting organised by the Port Moresby Chamber of Commerce and...