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Friday
24 October 2014
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OIL AND GAS 
Oil Search starts record run


OIL Search has lifted its production by 81% in the September quarter to 6.67 million barrels of oil equivalent and completed a strategic review which found that debottlenecking the PNG LNG operations was its “highest returning” opportunity.
Full Story...


MORE OIL AND GAS

BP advances Indo LNG expansion


Sunny Horizon has ‘year of records’


Interoil hits hydrocarbons in Kapau


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MINING 
Nautilus closer to securing funds release


NAUTILUS Minerals is closer to securing the release of $US113 million paid into escrow for the remaining balance of start-up capital for the Solwara-1 project in Papua New Guinea.
Full Story...


MORE MINING

Newcrest on track


Shutdown dents St Barbara production


Kula oversubscribed


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MARKET WATCH 
Oil Search starts record run


OIL Search has lifted its production by 81% in the September quarter to 6.67 million barrels of oil equivalent and completed a strategic review which found that debottlenecking the PNG LNG operations was its “highest returning” opportunity.
Full Story...


MORE MARKET WATCH

Nautilus closer to securing funds release


ADF helps remove unexploded ordnance in Bougainville


Juniors’ conventional conundrum


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PROJECT WATCH 
Nautilus closer to securing funds release


NAUTILUS Minerals is closer to securing the release of $US113 million paid into escrow for the remaining balance of start-up capital for the Solwara-1 project in Papua New Guinea.
Full Story...


MORE PROJECT WATCH

Interoil hits hydrocarbons in Kapau


Coppermoly renegotiates ‘beneficial’ changes to Barrick deal


Zeta request denied by Cue


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COMPANY WATCH 
Oil Search starts record run


OIL Search has lifted its production by 81% in the September quarter to 6.67 million barrels of oil equivalent and completed a strategic review which found that debottlenecking the PNG LNG operations was its “highest returning” opportunity.
Full Story...


MORE COMPANY WATCH

Nautilus closer to securing funds release


Newcrest on track


Shutdown dents St Barbara production


VIEW ALL STORIES

REGIONAL WATCH 
BP advances Indo LNG expansion


OIL major BP has awarded front end engineering and design work for the expansion train of its Tangguh LNG operation in Indonesia to two large consortiums.
Full Story...


MORE REGIONAL WATCH

Funding deal adds lustre to Sumatra


Fatal plunge kills two Malaysian rig workers


Warning on EITI transparency burden


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ECONOMY 
Supply-demand basics to move industrial metals


INDONESIA’S ban on unprocessed metal exports may finally begin to significantly impact prices in the first quarter of 2015, according to Natixis.
Full Story...


MORE ECONOMY

PNG expands European economic engagement


Vital signs


PNG and South Korea deepen economic relations


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PNG LNG 
Oil Search starts record run


OIL Search has lifted its production by 81% in the September quarter to 6.67 million barrels of oil equivalent and completed a strategic review which found that debottlenecking the PNG LNG operations was its “highest returning” opportunity.
Full Story...


MORE PNG LNG

InterOil jumps amid Woodside rumblings


Santos battles low oil prices


PNG in airport talks with ExxonMobil


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POMSoX 
Buyback for BSP


THE Bank of South Pacific has increased the maximum quantity threshold of its share buyback scheme.
Full Story...




 


Oil Search starts record run


OIL Search has lifted its production by 81% in the September quarter to 6.67 million barrels of oil equivalent and completed a strategic review which found that debottlenecking the PNG LNG operations was its “highest returning” opportunity.
Full Story...


Nautilus closer to securing funds release


NAUTILUS Minerals is closer to securing the release of $US113 million paid into escrow for the remaining balance of start-up capital for the Solwara-1 project in Papua New Guinea.
Full Story...


ADF helps remove unexploded ordnance in Bougainville


AUSTRALIAN Defence Force personnel have arrived in Bougainville to address the potentially deadly legacy posed by unexploded ordnance from past conflicts as part of Operation Render Safe 2014.
Full Story...

Juniors’ conventional conundrum


WITH majors thinking twice about high-risk jurisdictions globally and re-focusing on the US, Aussie juniors are conflicted about whether conventional or unconventional is the way to go in a plummeting oil price.
Full Story...


PNG to tackle police brutality


PAPUA New Guinea’s state government is to set up a police task force and telephone hotline in an attempt to tackle police brutality in the country.
Full Story...


BP advances Indo LNG expansion


OIL major BP has awarded front end engineering and design work for the expansion train of its Tangguh LNG operation in Indonesia to two large consortiums.
Full Story...


Global Wrap: Cliffs, Kinross and more


IN Global Wrap: Cliffs flags huge impairments; Kinross offloads troubled project; Gold Fields revises cost guidance; Norilsk exits Africa; and Vale sells Indonesian stake.
Full Story...


Newcrest on track


NEWCREST Mining has maintained its full-year guidance despite a 12% drop in gold production in the September quarter.
Full Story...


Nine charged in drug, arms raid linked to PNG


POLICE and border protection officers say they have dismantled an organised crime syndicate accused of importing a drug precursor into Australia and trying to export firearms to Papua New Guinea.
Full Story...


Shutdown dents St Barbara production


ST BARBARA has posted lower production, lower cash levels and higher costs for the September quarter, citing a maintenance shutdown and expenses related to its Pacific operations.
Full Story...


Sunny Horizon has ‘year of records’


HORIZON Oil has hailed a “year of records” with oil production in the 2014 financial year rocketing by 159% over the company’s average over the previous four years.
Full Story...


Interoil hits hydrocarbons in Kapau


INTEROIL has intersected the Kapau Limestone target zone during a $US300 million ($A324 million) oil and gas drill campaign in Papua New Guinea.
Full Story...


Kula oversubscribed


PAPUA New Guinea-focused Kula Gold has completed a heavily oversubscribed placement to raise about $A3.6 million for exploration activities at the Woodlark Island gold project.
Full Story...


Funding deal adds lustre to Sumatra


A $US45 million ($A51 million) loan facility recently signed by Sumatra Copper and Gold will result in the hedging of up to 65% of the company’s future precious metal production.
Full Story...


Fatal plunge kills two Malaysian rig workers


TWO workers have died after falling 35m off the Ensco 105 Jackup rig, according to Malaysian press reports.
Full Story...


Warning on EITI transparency burden


AUSTRALIA’S mining, oil and gas industries has given its blessing to the next stage of Australia’s Extractive Industries Transparency Initiative within its resources sector, with the caveat that it doesn’t create a further nightmare for industry or bureaucrats themselves.
Full Story...





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