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Wednesday
10 February 2016
 
 
   TODAY'S STORIES
 
OIL AND GAS 
PNG LNG operator lauded


PNG LNG operator ExxonMobil has secured a gong from the world’s Oil And Gas Council at the Asia-Pacific Oil and Gas Awards Dinner, held in Singapore last week.
Full Story...


MORE OIL AND GAS

Wartsila to power Timor-Leste


Running of the gas bulls


Nido posts another loss


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MINING 
Ready steady Ok Tedi


THE controversial Ok Tedi mine is set for a progressive restart of operations on March 1.
Full Story...


MORE MINING

More St Barbara debt repaid


Crater Gold is go


Mixed results for Newcrest in PNG


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MARKET WATCH 
Gold outperforms on weaker US dollar


GOLD shone again this week, building on gains made last week.
Full Story...


MORE MARKET WATCH

APEC cooperation


Pacific solution play fails


Total signs LNG deal with Pertamina


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LEGAL 
Pacific solution play fails


AN ATTEMPT by a Bangladeshi asylum seeker to have the High Court of Australia declare her detention on Nauru declared illegal has failed.
Full Story...


COMPANY WATCH 
PNG success breeds Australian trials


SOME of South Australia’s most remote unsealed roads are about to receive a make-over.
Full Story...


REGIONAL WATCH 
Worker trapped in Newcrest mine


NEWCREST Mining says a geotechnical event at the Gosowong mine in Indonesia overnight has trapped a worker underground.
Full Story...


MORE REGIONAL WATCH

Malaysia’s double-whammy


Oil strike for Cue


Total signs LNG deal with Pertamina


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ECONOMY 
New team for Kina


KINA Securities has appointed three new members to its senior management following its merger with Maybank.
Full Story...


MORE ECONOMY

Renewed be-leaf in value of imported vegies for PNG


APAC warning


PNG hope amid commodities slump


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PNG LNG 
Exxon on the brink


PNG LNG operator ExxonMobil faces its first downgrade from Standard & Poor’s in 86 years.
Full Story...


MORE PNG LNG

ExxonMobil earnings halve


So long LNG oil indexation?


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Ready steady Ok Tedi


THE controversial Ok Tedi mine is set for a progressive restart of operations on March 1.
Full Story...


More St Barbara debt repaid


GOLD miner St Barbara has chipped away further at its debt by repurchasing $US10 million of its US senior secured notes at a discount of 2%.
Full Story...


Worker trapped in Newcrest mine


NEWCREST Mining says a geotechnical event at the Gosowong mine in Indonesia overnight has trapped a worker underground.
Full Story...

Crater Gold is go


BETTER productivity is the hope for Crater Gold Mining’s newly-arrived custom built gold processing plant from China.
Full Story...


Exxon on the brink


PNG LNG operator ExxonMobil faces its first downgrade from Standard & Poor’s in 86 years.
Full Story...


Malaysia’s double-whammy


MALAYSIA, one of the Asia Pacific’s largest LNG and oil producers, is suffering a “multiplier effect” from the prolonged oil glut that is expected to last well into next year, according to Moody’s.
Full Story...


Oil strike for Cue


CUE Energy Resources’ first Indonesian well of 2016 has resulted in a shallow oil discovery that will be cased and suspended for testing, and CEO David Biggs told PNG Industry News he thinks it has a good chance of flowing to surface, either naturally or with artificial lift.
Full Story...


ESCAP in emergency meetings


A DEEPENING crisis driven by steep falls in commodity prices has led the head of the UN’s Economic and Social Commission for Asia and the Pacific Dr Shamshad Akhtar to meet senior government, academic and private sector figures over the next fortnight.
Full Story...


Gold outperforms on weaker US dollar


GOLD shone again this week, building on gains made last week.
Full Story...


APEC cooperation


PAPUA New Guinean and Australian officials have been meeting in Port Moresby this week to determine how the two countries can work together to deliver safety and security for the APEC PNG 2018 summit.
Full Story...


Pacific solution play fails


AN ATTEMPT by a Bangladeshi asylum seeker to have the High Court of Australia declare her detention on Nauru declared illegal has failed.
Full Story...


Total signs LNG deal with Pertamina


TOTAL is expanding its exposure to LNG in Asia, signing long-term agreements with Indonesia’s state oiler Pertamina.
Full Story...


Exxon’s conservation booster


PNG LNG operator ExxonMobil has given K350,000 ($A163,107) worth of scholarships to support three postgraduate students for research seeking to protect a unique dolphin species that, in the Pacific Islands, are found only within Papua New Guinea’s Kikori Delta.
Full Story...


New team for Kina


KINA Securities has appointed three new members to its senior management following its merger with Maybank.
Full Story...


Grasberg miner gets training tool


RUC Cementation has bought a Thoroughtec Simulation Cybermine simulator to increase the productivity of its Sandvik DS421-C drill rig operators at PT Freeport’s Grasberg mine in Indonesia.
Full Story...


Renaissance for Emerald


MORGAN Hart-led Emerald Resources has signed a deal with junior Renaissance Minerals to earn up to 51% of the
Full Story...





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