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Tuesday
16 September 2014
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   TODAY'S STORIES
 
PIPELINE WATCH 
Upstream advantage for Fosun


Investors and market analysts are keeping a close eye on Chinese conglomerate Fosun as the company navigates the Roc Oil takeover as its entry into the oil and gas space. Alison Middleton investigates.
Full Story...


OIL AND GAS 
PNG LNG to take centre stage at industry summit


INDUSTRY leaders are to address the investment, demand and distribution of LNG in Asia Pacific at a conference in Singapore this month, with the PNG LNG project taking centre stage.
Full Story...


MORE OIL AND GAS

Puma invests in social development


More Russian sanctions add uncertainty


Energy Briefs


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MINING 
Indochine raises $3.5M


INDOCHINE Mining has finalised a capital raising of about $3.5 million for the development of its high-grade Mt Kare gold project in Papua New Guinea.
Full Story...


MORE MINING

Oceana sharpens Didipio plans


PNG can bridge nickel gap, says explorer


Drilling starts at Misima porphyry


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MARKET WATCH 
Indochine raises $3.5M


INDOCHINE Mining has finalised a capital raising of about $3.5 million for the development of its high-grade Mt Kare gold project in Papua New Guinea.
Full Story...


MORE MARKET WATCH

PNG can bridge nickel gap, says explorer


Drilling starts at Misima porphyry


Roc nod for $474M all-cash takeover


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PROJECT WATCH 
Funds released for PNG’s PMIZ development


DEVELOPMENT of the K212 million Pacific Marine Industrial Zone project in Papua New Guinea’s Madang province looks set to go ahead after the China Export Import (Exim) Bank released funds for the project.
Full Story...


MORE PROJECT WATCH

PNG LNG to take centre stage at industry summit


Indochine raises $3.5M


Roc nod for $474M all-cash takeover


VIEW ALL STORIES

COMPANY WATCH 
Puma invests in social development


PAPUA New Guinea fuel supplier Puma Energy has announced plans to cement its investment in the country with the launch of two community ventures.
Full Story...


MORE COMPANY WATCH

PNG can bridge nickel gap, says explorer


Roc nod for $474M all-cash takeover


Horizon shareholders ‘know its value’


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REGIONAL WATCH 
More Russian sanctions add uncertainty


THE US and European Union have initiated a third round of sanctions on Russia’s energy sector over the Ukraine crisis, focusing on production rather than just exploration, but which add uncertainty to companies and investment in the region, Barclays says.
Full Story...


MORE REGIONAL WATCH

Energy Briefs


Horizon Oil kicks off China drilling


Anglo pulls out of Arc farm-in


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ECONOMY 
Funds released for PNG’s PMIZ development


DEVELOPMENT of the K212 million Pacific Marine Industrial Zone project in Papua New Guinea’s Madang province looks set to go ahead after the China Export Import (Exim) Bank released funds for the project.
Full Story...


MORE ECONOMY

More Russian sanctions add uncertainty


Drilling starts at Misima porphyry


Horizon shareholders ‘know its value’


VIEW ALL STORIES

PNG LNG 
PNG LNG to take centre stage at industry summit


INDUSTRY leaders are to address the investment, demand and distribution of LNG in Asia Pacific at a conference in Singapore this month, with the PNG LNG project taking centre stage.
Full Story...


MORE PNG LNG

Roc nod for $474M all-cash takeover


PNG’s economy ‘remains strong’


PNG’s reality gap


VIEW ALL STORIES



 


Funds released for PNG’s PMIZ development


DEVELOPMENT of the K212 million Pacific Marine Industrial Zone project in Papua New Guinea’s Madang province looks set to go ahead after the China Export Import (Exim) Bank released funds for the project.
Full Story...


PNG LNG to take centre stage at industry summit


INDUSTRY leaders are to address the investment, demand and distribution of LNG in Asia Pacific at a conference in Singapore this month, with the PNG LNG project taking centre stage.
Full Story...


Indochine raises $3.5M


INDOCHINE Mining has finalised a capital raising of about $3.5 million for the development of its high-grade Mt Kare gold project in Papua New Guinea.
Full Story...

Puma invests in social development


PAPUA New Guinea fuel supplier Puma Energy has announced plans to cement its investment in the country with the launch of two community ventures.
Full Story...


PNG home ownership scheme launched


AN AGREEMENT designed to tackle the shortage of quality and affordable housing has been signed by the national government of Papua New Guinea and the Bank of South Pacific.
Full Story...


More Russian sanctions add uncertainty


THE US and European Union have initiated a third round of sanctions on Russia’s energy sector over the Ukraine crisis, focusing on production rather than just exploration, but which add uncertainty to companies and investment in the region, Barclays says.
Full Story...


Oceana sharpens Didipio plans


OCEANAGOLD says optimisation work on its Didipio copper-gold mine in the Philippines will result in higher production rates as well as a speed up of schedules to develop underground areas and access high-grade ore.
Full Story...


Energy Briefs


IN TODAY’S Energy Briefs: Envestra suspends; CFC cracks milestone; China opens licensing round; Titan subsidiary gets contracts; Tangiers stalls on report; and Dart waits on acquisition approvals.
Full Story...


PNG can bridge nickel gap, says explorer


PAPUA New Guinea’s large laterite nickel inventory could bridge a market gap caused by increasing Chinese demand and the effects of the Indonesian government’s ore export ban.
Full Story...


Drilling starts at Misima porphyry


TORONTO-listed explorer WCB Resources has begun drilling the Misima porphyry prospect in Papua New Guinea.
Full Story...


Roc nod for $474M all-cash takeover


THE board of Roc Oil has unanimously recommended and accepted the $474 million all-cash takeover offer for the company by Chinese conglomerate Fosun.
Full Story...


Horizon Oil kicks off China drilling


HORIZON Oil has begun drilling the first of two exploration wells in the Beibu Gulf Block 22/12, offshore China.
Full Story...


Offshore drilling woes


SEADRILL chief financial officer Rune Magnus Lundetrae has warned that the struggling offshore drilling market will worsen next year.
Full Story...


Global Wrap: Cliffs, Turquoise Hill and more


IN Global Wrap: Cliffs' new CEO accused of bullying; production disruption at Oyu Tolgoi; Agnico announces takeover; Impala safety concerns; west African producers call for Ebola assistance; and a Canadian junior collapses.
Full Story...


Red Mountain sees improvements at Batangas


ONGOING feasibility work at Red Mountain Mining’s Batangas gold project in the Philippines has suggested an increased mine life, higher recoveries and the potential to reduce costs.
Full Story...


Horizon shareholders ‘know its value’


HORIZON Oil may well be undervalued following the collapse of its $800 million merger with Roc Oil but the company won’t go cheaply into another merger, according to company CEO and managing director Brent Emmett.
Full Story...





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