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Wednesday
23 July 2014
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   TODAY'S STORIES
 
OIL AND GAS 
PNG LNG overcomes ‘difficult’ market


THE ExxonMobil-led PNG LNG joint venture has “traded well in a difficult market”, according to Macquarie Private Wealth, which maintains an outperform rating on key PNG LNG partner Oil Search.
Full Story...


MORE OIL AND GAS

Growth spurs InterOil to buy-back


Landowners set for Stanley spin-off


News Wrap


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MINING 
Slater & Gordon launches Newcrest class action


LAW firm Slater & Gordon has lodged court documents, starting a class action against Newcrest Mining for alleged misleading and deceptive conduct and breach of continuous disclosure obligations.
Full Story...


MORE MINING

New Woodlark targets for Kula


Nickel poised for further gains


Crater Gold rattles tin


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MARKET WATCH 
PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...


MORE MARKET WATCH

Fresh bid for Roc on cards


PNG LNG dents spot market


WCB ready for Misima drilling


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PROJECT WATCH 
PNG LNG overcomes ‘difficult’ market


THE ExxonMobil-led PNG LNG joint venture has “traded well in a difficult market”, according to Macquarie Private Wealth, which maintains an outperform rating on key PNG LNG partner Oil Search.
Full Story...


MORE PROJECT WATCH

PNG LNG drives stronger Q2 production for Santos


Roc’s internal battle over


Contract coup


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COMPANY WATCH 
Growth spurs InterOil to buy-back


PAPUA New Guinea player InterOil will buy up to $US50 million ($A53 million) of its own Class A common shares within the next 12 months.
Full Story...


MORE COMPANY WATCH

Crater Gold rattles tin


Fresh bid for Roc on cards


Boart denies bankruptcy reports


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REGIONAL WATCH 
Indonesia’s mini-hydro market gets a boost


SINGAPORE-based Armstrong Asset Management has agreed to commit up to $US22.5 million ($A24 million) to develop and operate a portfolio of 50 megawatts of mini-hydro plants in Indonesia.
Full Story...


MORE REGIONAL WATCH

Manufacturers’ gas problem


Oceana plans Philippines training centre


News Wrap


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ECONOMY 
BSP announces buyback


THE Bank of South Pacific has announced plans for an on-market buyback of its own shares.
Full Story...


MORE ECONOMY

Bank offers investment briefing


Japan plans to double PNG, Australia gas imports


PNG looks to West Papua potential


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PNG LNG 
PNG LNG overcomes ‘difficult’ market


THE ExxonMobil-led PNG LNG joint venture has “traded well in a difficult market”, according to Macquarie Private Wealth, which maintains an outperform rating on key PNG LNG partner Oil Search.
Full Story...


MORE PNG LNG

PNG LNG drives stronger Q2 production for Santos


PNG LNG dents spot market


High pressures suspend InterOil’s Wahoo-1


VIEW ALL STORIES

POMSoX 
BSP announces buyback


THE Bank of South Pacific has announced plans for an on-market buyback of its own shares.
Full Story...


MORE POMSoX

Bank offers investment briefing


PNG licence crackdown


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PNG LNG overcomes ‘difficult’ market


THE ExxonMobil-led PNG LNG joint venture has “traded well in a difficult market”, according to Macquarie Private Wealth, which maintains an outperform rating on key PNG LNG partner Oil Search.
Full Story...


Slater & Gordon launches Newcrest class action


LAW firm Slater & Gordon has lodged court documents, starting a class action against Newcrest Mining for alleged misleading and deceptive conduct and breach of continuous disclosure obligations.
Full Story...


Growth spurs InterOil to buy-back


PAPUA New Guinea player InterOil will buy up to $US50 million ($A53 million) of its own Class A common shares within the next 12 months.
Full Story...

New Woodlark targets for Kula


KULA Gold has identified new targets at its flagship Woodlark Island project following completion of a Helimag survey.
Full Story...


Landowners set for Stanley spin-off


LANDOWNERS from the Stanley gas condensate project in Papua New Guinea have formed an umbrella company to benefit from spin-off business opportunities.
Full Story...


Indonesia’s mini-hydro market gets a boost


SINGAPORE-based Armstrong Asset Management has agreed to commit up to $US22.5 million ($A24 million) to develop and operate a portfolio of 50 megawatts of mini-hydro plants in Indonesia.
Full Story...


Nickel poised for further gains


THE supply shock that sent nickel prices to a two-year high is far from over and will provide strong support for the market over the next few years, according to ANZ commodity analysts.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Credit Suisse goes bearish on Narrabri CSG project; Botten aims to continue leading Oil Search into 2016; Majors bid for Abu Dhabi oil concession; and a coal-to-gas rush warning.
Full Story...


Crater Gold rattles tin


CRATER Gold intends to raise $A3.45 million to drive development of its flagship high-grade zone project at Crater Mountain, with production to start by the fourth quarter of 2014.
Full Story...


Oil Search drives AIDS focus


OIL Search will highlight the importance of public-private partnerships in response to HIV at an international conference beginning today in Melbourne.
Full Story...


St Barbara reduces Gold Ridge workforce


ST BARBARA has cut the workforce at its suspended Gold Ridge operations in the Solomon Islands after confirming a restart will not be possible for some time.
Full Story...


Manufacturers’ gas problem


AUSTRALIA’S manufacturing output will contract by $A118 billion over the next seven years and 14,600 manufacturing jobs will be lost unless higher domestic gas prices are reigned in.
Full Story...


Oceana plans Philippines training centre


OCEANAGOLD is planning to construct an underground mining training facility in the Philippines to provide for the future workforce requirements of its Didipio gold-copper mine.
Full Story...


Strong outlook for Brierty


CONTRACTOR Brierty has released an upgraded full-year profit guidance for 2014 and announced a strong outlook for the year ahead.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Buru faces indigenous opposition; Bombay High rig evacuated; Idled Rosneft refinery shelled in Ukraine; Mexican oil reform; New Croatian licencing round; and Syrian gas field massacre.
Full Story...


PNG LNG drives stronger Q2 production for Santos


SANTOS today announced higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project ahead of schedule.
Full Story...





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