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Thursday
7 May 2015
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   TODAY'S STORIES
 
OIL AND GAS 
Total rumoured for InterOil bid


FRANCE’S Total could be about to make a play for dominance in the Asian LNG sector by making a bid for Papua New Guinea-focused InterOil.
Full Story...


MORE OIL AND GAS

Neptune bags PNG job


Larus seeks partner for PPL 326


Price slump hits Oil Search revenue


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MINING 
Misima drilling ends on a high note


THE COMPLETION of a scout drilling program at the Misima prospect has prompted WCB Resources to update investors on its exploration efforts in Papua New Guinea.
Full Story...


MORE MINING

Copper rally boosts PanAust hopes


New resource for Marengo


Site visit boosts Frieda confidence


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MARKET WATCH 
Better week for base metals


NICKEL and copper gained some ground this week, while it was a volatile few days for the gold price.
Full Story...


MORE MARKET WATCH

Paraka report release delayed


Prime Minister backs Elk-Antelope


Magnitude-6.7 earthquake hits PNG


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COMPANY WATCH 
Cels named country manager for DHL in PNG


DAVID Cels has been appointed as DHL Global Forwarding country manager in Papua New Guinea after a stint in the company’s industrial projects sector.
Full Story...


MORE COMPANY WATCH

Porgera claimants settle with Barrick


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REGIONAL WATCH 
Australia to return Timor documents


THE long-running dispute between Australia and Timor Leste, which is one of the major issues holding up development of the Greater Sunrise fields in the Joint Petroleum Development Area, is no closer to a resolution despite the Australian government agreeing to return legal documents and data seized by ASIO to the East Timorese government.
Full Story...


MORE REGIONAL WATCH

How Santos saved on costs


Total beats Q1 expectations


Switch flicked on Antam furnace


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ECONOMY 
Govt focuses on Hela infrastructure


KOMO airfield could become a major international airport under government plans to develop Hela Province.
Full Story...


MORE ECONOMY

Geothermal power for PNG


Greener power


Conference to help PNG tourism, SMEs


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PNG LNG 
Happy anniversary for PNG LNG production


ANOTHER milestone was reached last week by the PNG LNG project when it celebrated one year since the start of production.
Full Story...




 


Total rumoured for InterOil bid


FRANCE’S Total could be about to make a play for dominance in the Asian LNG sector by making a bid for Papua New Guinea-focused InterOil.
Full Story...


Misima drilling ends on a high note


THE COMPLETION of a scout drilling program at the Misima prospect has prompted WCB Resources to update investors on its exploration efforts in Papua New Guinea.
Full Story...


Copper rally boosts PanAust hopes


PANAUST has appealed to its shareholders to reject a takeover offer by Guangdong Rising Asset Management given the recovery in the copper price.
Full Story...

Neptune bags PNG job


PERTH-based engineering firm Neptune has secured a five-year offshore diving and subsea inspection services contract from Oil Search (PNG) Limited in Papua New Guinea.
Full Story...


New resource for Marengo


MARENGO Mining has posted a new resource for its Yandera copper project in Papua New Guinea, with the update including molybdenum and gold by-products.
Full Story...


First dividend in 26 years


POST PNG has paid its first dividend in 26 years to the Independent Public Business Corporation (IPBC), with Prime Minister Peter O’Neill present at the handing-over ceremony on Monday.
Full Story...


Site visit boosts Frieda confidence


A VISIT by Mineral Resources Authority(MRA) managing director Philip Samar last week was welcomed by Frieda River landowners, who expressed their confidence in government efforts to facilitate the development of PanAust’s copper-gold mine.
Full Story...


Australia to return Timor documents


THE long-running dispute between Australia and Timor Leste, which is one of the major issues holding up development of the Greater Sunrise fields in the Joint Petroleum Development Area, is no closer to a resolution despite the Australian government agreeing to return legal documents and data seized by ASIO to the East Timorese government.
Full Story...


Happy anniversary for PNG LNG production


ANOTHER milestone was reached last week by the PNG LNG project when it celebrated one year since the start of production.
Full Story...


Crater starts production, mine development


CRATER Gold mining announced today that the first production of gold concentrate from its High Grade Zone (HGZ) was being processed for sale.
Full Story...


Larus seeks partner for PPL 326


UNLISTED public company Larus Energy has announced its desire to find a partner for its PPL 326 tenement in Papua New Guinea.
Full Story...


Govt focuses on Hela infrastructure


KOMO airfield could become a major international airport under government plans to develop Hela Province.
Full Story...


Geothermal power for PNG


GEOSCIENTISTS from PNG’s Mineral Resources Authority could pave the way for geothermal power production in the country.
Full Story...


How Santos saved on costs


JP MORGAN has shed light on how Santos used the oil price downturn to save costs at the Gladstone LNG project while Macquarie Wealth Management says third party gas deals are no longer a major focus for GLNG.
Full Story...


Greener power


A STRATEGIC alliance between Caterpillar and First Solar is aiming to develop an integrated photovoltaic solar solution for mine sites and small remote communities.
Full Story...


Total beats Q1 expectations


INPEX'S Ichthys partner Total posted a $US2.6 billion ($A3.25 billion) March quarter adjusted net profit – down 22% year-on-year but still ahead of analyst expectations in the wake of the oil price downturn.
Full Story...





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