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Friday
30 January 2015
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   TODAY'S STORIES
 
OIL AND GAS 
Pacific nations philosophical on oil slump


AN ALLIANCE of 26 nations, including the 22 Pacific Island countries and territories, is confident that cheaper oil prices will not reduce the region’s momentum in building renewables programs, and is philosophical on the widely touted diabolical fallout from the price slump.
Full Story...


MORE OIL AND GAS

Nama-1 well ‘uncommercial’


Bridge facility money not borrowed


Coral Sea to vote on name change, funding


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MINING 
Oceana beats 2014 guidance


RECORD production from the Didipio mine and a strong performance from the New Zealand operations helped OceanaGold beat its 2014 production guidance.
Full Story...


MORE MINING

Record for St Barbara at Leonora


Anglo set to move on Star Mountains


Copper sinks to new lows


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MARKET WATCH 
Russia hoarding gold


MEASURES implemented by the European Central Bank had gold closing above $US1300 an ounce for the first time since August.
Full Story...


MORE MARKET WATCH

‘Perfect storm’ hits copper


Atom expands


Global financings a bright spot in December


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COMPANY WATCH 
Horizon hedges its bets


ASIA-focused company Horizon Oil has finished out the December quarter in an enviable position, with its hedging leaving it with a strong cash balance and time to catch its breath.
Full Story...


MORE COMPANY WATCH

Santos keeps on truckin’


Cue not sure of NZOG intentions


New Guinea Energy’s exploratory quarter


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REGIONAL WATCH 
Pertronas awards contract to JGC


MALAYSIA’S state-owned energy company Petronas has awarded and engineering, procurement, construction and commissioning contract to expand its LNG complex in Bintulu, Sarawak, to Japanese company JGC Corporation, according to Worldoil.com.
Full Story...


MORE REGIONAL WATCH

Indonesian upstream environment ‘unattractive’


Aussies recognised for services to mining


Oceana beats 2014 guidance


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ECONOMY 
PMIZ opportunity for province and fisheries


MADANG Province would benefit from spin-off activities from the Pacific Marine Industrial Park (PMIZ) currently under construction.
Full Story...


MORE ECONOMY

Freight subsidy for coffee


Power defaulters named


GRI ponders future of sustainability reporting


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PNG LNG 
Test period ends for PNG LNG


THE PNG LNG project’s 120-day operational test period has successfully been concluded – one of several tests required and an important milestone towards satisfaction of the financial completion tests set forth in the project’s financing arrangements.
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MORE PNG LNG

PNG LNG aims for third train


Early dividend from NPCP


New carrier for PNG LNG


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PMIZ opportunity for province and fisheries


MADANG Province would benefit from spin-off activities from the Pacific Marine Industrial Park (PMIZ) currently under construction.
Full Story...


Regional cooperation discussed


DEVELOPMENT issues and Manus Island were among the topics discussed when PNG Prime Minister Peter O’Neill met his Australian counterpart in Canberra on Monday.
Full Story...


Horizon hedges its bets


ASIA-focused company Horizon Oil has finished out the December quarter in an enviable position, with its hedging leaving it with a strong cash balance and time to catch its breath.
Full Story...

Pertronas awards contract to JGC


MALAYSIA’S state-owned energy company Petronas has awarded and engineering, procurement, construction and commissioning contract to expand its LNG complex in Bintulu, Sarawak, to Japanese company JGC Corporation, according to Worldoil.com.
Full Story...


Indonesian upstream environment ‘unattractive’


COMMERCIAL intelligence firm Wood Mackenzie said exempting oil and gas exploration from Indonesia’s ‘land and building tax’ could stimulate the country’s upstream sector.
Full Story...


Santos keeps on truckin’


“NOTWITHSTANDING the fall in oil prices, Santos has delivered growth in full-year and quarterly production, and record sales revenue,” Santos managing director and CEO David Knox has said.
Full Story...


Aussies recognised for services to mining


THREE Australians were acknowledged yesterday in the Australia Day 2015 Honours List for services to the mining industry.
Full Story...


Cue not sure of NZOG intentions


CUE Energy chairman Geoffrey King has sent a letter to shareholders advising them that he is still not sure of the intentions of recent substantial shareholder New Zealand Oil and Gas.
Full Story...


New Guinea Energy’s exploratory quarter


NEW Guinea Energy has reported $1.02 million cash on hand at the end of the December quarter, down from $1.04 million after it spent the period extending its licence terms and preparing for seismic work.
Full Story...


Russia hoarding gold


MEASURES implemented by the European Central Bank had gold closing above $US1300 an ounce for the first time since August.
Full Story...


‘Perfect storm’ hits copper


ANZ Research says copper appears oversold and may be set for a short-term rise.
Full Story...


Atom expands


INDUSTRIAL and safety equipment supply concern Atom has acquired Express Industrial Supplies to expand its reach nationally across Australia.
Full Story...


Global financings a bright spot in December


DECEMBER was another quiet month for global mining stocks, with a jump in financings at the smaller end of the sector the only bright spot.
Full Story...


Niuminco positive cash-flow


NIUMINCO’s Edie Creek mine in Papua New Guinea achieved positive production and sales results last year.
Full Story...


Genia joins Foyson


FOYSON Resources has announced the appointment of Kilroy Genia as an independent non-executive director.
Full Story...


Communication restrictions at Manus


IMMIGRATION Minister Rmbink Pato said the PNG government was considering restricting communications at the Manus Island detention centre.
Full Story...





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