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Friday
18 May 2012
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   TODAY'S STORIES
 
OIL AND GAS 
InterOil on the front foot
(Friday, 18 May 2012)

PETROLEUM and Energy Minister William Duma is under pressure to meet with InterOil executives as the upstream player is ready to announce the long-awaited outcome of its search for a world-class operator for the Gulf LNG project in Papua New Guinea.
Full Story...


MORE OIL AND GAS

T-2 delivers as trouble brews for Gulf LNG


Santos runs amongst the bulls at PNG LNG


Forum delegates in danger of being trampled


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MINING 
Troops near PNG LNG sites
(Friday, 18 May 2012)

THE caretaker government has deployed PNG Defence Force soldiers in two industry-related hotspots of the country while more troops will be deployed in the highlands.
Full Story...


MORE MINING

Great signs at another prospect


We were right to oust unpopular prime minister: O’Neill


Economic traps PNG needs to avoid


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MARKET WATCH 
Grim week
(Friday, 18 May 2012)

THE European sovereign debt crisis has crunched global markets this week. More mayhem could follow due to fears of bank runs in Greece and Spain.
Full Story...


MORE MARKET WATCH

InterOil on the front foot


Troops near PNG LNG sites


Great signs at another prospect


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REGIONAL WATCH 
Dryblower on the great conversion of BHP Billiton
(Wednesday, 16 May 2012)

NOT since the conversion of St Paul on the road to Damascus has Dryblower heard of a more dramatic transformation than BHP Billiton’s revelation that it is not so much a mining company as a business focused on shareholder returns.
Full Story...


MORE REGIONAL WATCH

Palmer to sue SMH for $50M


AngloGold commits funds for growth


Inpex’s spending splurge


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PNG LNG 
Troops near PNG LNG sites
(Friday, 18 May 2012)

THE caretaker government has deployed PNG Defence Force soldiers in two industry-related hotspots of the country while more troops will be deployed in the highlands.
Full Story...


MORE PNG LNG

New PNG provinces


Santos runs amongst the bulls at PNG LNG


Economic traps PNG needs to avoid


VIEW ALL STORIES



 


Grim week
(Friday, 18 May 2012)

THE European sovereign debt crisis has crunched global markets this week. More mayhem could follow due to fears of bank runs in Greece and Spain.
Full Story...


InterOil on the front foot
(Friday, 18 May 2012)

PETROLEUM and Energy Minister William Duma is under pressure to meet with InterOil executives as the upstream player is ready to announce the long-awaited outcome of its search for a world-class operator for the Gulf LNG project in Papua New Guinea.
Full Story...


Troops near PNG LNG sites
(Friday, 18 May 2012)

THE caretaker government has deployed PNG Defence Force soldiers in two industry-related hotspots of the country while more troops will be deployed in the highlands.
Full Story...

Great signs at another prospect
(Friday, 18 May 2012)

QUINTESSENTIAL Resources has unearthed high grades at the Semben gold prospect of its flagship Bismarck project in PNG, with a best trench result of 3m at 27.4 grams per tonne gold and 29gpt silver.
Full Story...


Gold oversold: Foster
(Friday, 18 May 2012)

GOLD has fallen below $US1600 an ounce and continues to weaken but Foster Stockbroking says gold is oversold and has highlighted its top stock picks among producers.
Full Story...


Green claims against Namah
(Friday, 18 May 2012)

PNG Green Party leader Dorothy Tekwie reportedly claims she has been offered money and put under pressure not to contest for the seat of Deputy Prime Minister Belden Namah in the looming election.
Full Story...


New PNG provinces
(Friday, 18 May 2012)

THE provinces of Hela and Jiwaka have become officially recognised in time for the looming election.
Full Story...


T-2 delivers as trouble brews for Gulf LNG
(Wednesday, 16 May 2012)

INTEROIL has flowed gas at a rate of 17.6 million cubic feet per day in a drill stem test of the Triceratops-2 appraisal well in Papua New Guinea’s Gulf province, while the condensate to gas ratio varied between 13.6 and 16.3 barrels per MMcf.
Full Story...


Political circus hits the road: opinion
(Wednesday, 16 May 2012)

THE latest scaremongering rumours amounted to nothing, with Parliament finally dissolving yesterday ahead of the most anticipated election in Papua New Guinea’s history.
Full Story...


Santos runs amongst the bulls at PNG LNG
(Wednesday, 16 May 2012)

A THIRD and possibly fourth train at PNG LNG is closer to an inevitability than a possibility, especially if drilling at the Hides fields meets expectations according to Santos chief David Knox.
Full Story...


We were right to oust unpopular prime minister: O’Neill
(Wednesday, 16 May 2012)

PNG Prime Minister Peter O’Neill took the opportunity to take the media to task in his keynote opening address at the 28th Australia-Papua New Guinea Business Council forum and expo in Brisbane.
Full Story...


Economic traps PNG needs to avoid
(Wednesday, 16 May 2012)

ECONOMIST Matthew Morris offered some interesting tips yesterday to prevent Papua New Guinea falling into the economic cesspool that has enveloped resource-rich countries like Nigeria and Angola.
Full Story...


Forum delegates in danger of being trampled
(Wednesday, 16 May 2012)

WHILE there was a definite political flavour to the first day of the Australia Papua New Guinea Business Forum in Brisbane, the “elephant in the room” was never far from centre stage.
Full Story...


Star project
(Wednesday, 16 May 2012)

HIGHLANDS Pacific has landed a vast 406m intersection grading 0.61% copper and 0.78 grams per tonne gold at its Star Mountains project in Papua New Guinea.
Full Story...


Dryblower on the great conversion of BHP Billiton
(Wednesday, 16 May 2012)

NOT since the conversion of St Paul on the road to Damascus has Dryblower heard of a more dramatic transformation than BHP Billiton’s revelation that it is not so much a mining company as a business focused on shareholder returns.
Full Story...


Fourth train speculation
(Monday, 14 May 2012)

THE success of the P’nyang South appraisal well and its sidetrack in Papua New Guinea’s Western province has led to speculation a third train of the $US15.7 billion PNG LNG project is a certainty, with discussion even emerging over a possible fourth train.
Full Story...





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