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Monday
5 December 2016
 
 
   TODAY'S STORIES
 
MARKET WATCH 
Oil on rise after OPEC deal


OPEC has reached an agreement to cut oil production, its first such deal in almost a decade, and one that includes Russia, sending the oil prices up 10% immediately to around $US50 per barrel.
Full Story...


MORE MARKET WATCH

Oil Search looks to the Gulf


JV on medical supplies a winner


Cuba, PNG in deal on rural doctors


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Red Mountain exits Philippines


RED Mountain Mining has left the Philippines, selling its 75% interest in the Batangas gold project for less than $A50,000 worth of shares and a 1% net smelter royalty.
Full Story...


Drilling starts at Woodlark


GEOPACIFIC Resources has begun drilling at its earn-in Woodlark gold project on Woodlark Island in Papua New Guinea’s Milne Province.
Full Story...


Myanmar offers bright spot


MYANMAR’s decision to transition from an isolated, military-ruled nation to an open democracy has provided one of the few bright spots for exploration and production companies in recent times, with Australia’s Woodside Petroleum leading the pack.
Full Story...

Youth festival for Alotau


A YOUTH festival, with the theme of ‘youth leading positive change’ will take place this weekend at the Alotau Netball Complex, Alotau, in Milne Bay Province.
Full Story...


PNG people perfect hosts, says O’Neill


THE citizens of Papua New Guinea had been “perfect hosts” for the FIFA under-20 Women’s World Cup Tournament, which ended in Port Moresby at the weekend.
Full Story...


Incentive Fund seeks loan candidates


THE Incentive Fund is calling for Papua New Guinea organisations to apply for funding to help them achieve human development goals.
Full Story...


Oil on rise after OPEC deal


OPEC has reached an agreement to cut oil production, its first such deal in almost a decade, and one that includes Russia, sending the oil prices up 10% immediately to around $US50 per barrel.
Full Story...


Oil Search looks to the Gulf


OIL Search’s recent investor tour of its sites in Papua New Guinea outlined more detail as the company looks towards its first deepwater wells as early as 2019 to add new gas resources.
Full Story...


JV on medical supplies a winner


TWO 12-metre containers filled with medical supplies and equipment have been received at Papua New Guinean hospitals, thanks to the helping hand of ExxonMobil and others.
Full Story...


Cuba, PNG in deal on rural doctors


A DEAL has been done to acquire the services of Cuban doctors to work in Papua New Guinea’s rural areas.
Full Story...


Concert today celebrates male allies


PORT Moresby’s Taurama Aquatic Centre will be the host venue today for a concert coordinated by the Eyrie School of Music.
Full Story...


Trio of awards for Antam


INDONESIAN mining company Antam has received three awards for work in the industry recently.
Full Story...


Thailand-PNG direct flights in spotlight


DIRECT flights between Thailand and Papua New Guinea are likely to be established, following discussions on the subject held at the APEC leaders’ meetings in Lima.
Full Story...


Vanuatu no-confidence vote today


VANUATU’S parliament will sit today to vote on a motion of no confidence in the government of Prime Minister Charlot Salwai.
Full Story...


Gekko wins top export award


MINING processing consultancy Gekko Systems has been named winner of the Australian Export Awards in the minerals, energy and related services category.
Full Story...


Kikori Hospital’s win over TB


THE Kikori Hospital in Gulf Province has recorded 100% of patients completing tuberculous intensive treatment following an Oil Search-led food drive and ongoing support for improved nutrition.
Full Story...





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