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Monday
25 July 2016
 
 
   TODAY'S STORIES
 
MARKET WATCH 
Oil Search backs off from InterOil


IN a lacklustre week for the mining sector, the InterOil takeover saga continued with ExxonMobil coming in with an offer of more than $2.5 billion.
Full Story...


MORE MARKET WATCH

GM Johnson to join Crater board


Leadership course from APTC on offer


FPSO owner pleads guilty to cartel role


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Oil Search backs off from InterOil


IN a lacklustre week for the mining sector, the InterOil takeover saga continued with ExxonMobil coming in with an offer of more than $2.5 billion.
Full Story...


GM Johnson to join Crater board


RICHARD Johnson has been appointed a director of the Crater Gold Mining, but will continue in his role as the company’s Papua New Guinea general manager.
Full Story...


Leadership course from APTC on offer


THE Australia-Pacific Technical College will be presenting a course in leadership and management in Port Moresby over coming months.
Full Story...

FPSO owner pleads guilty to cartel role


THE Australian Competition and Consumer Commission has obtained the first guilty plea for criminal cartel conduct in Australia from Nippon Yusen Kabushiki Kaisha, the firm with the contract to ship gas from the PNG LNG project to Japan for Tokyo Electric Power Company.
Full Story...


Men of Honour: get your nominations in


THE Port Moresby Chamber of Commerce and Industry has reminded everyone that nominations are open for the 2016 Men of Honour Awards.
Full Story...


Bougainville Copper served show-cause notice


BOUGAINVILLE Copper has received from the Autonomous Bougainville Government’s Mines Department to a notice to show cause why exploration licence 1/2014 should not be cancelled.
Full Story...


Geopacific has ‘excellent’ opportunity at Woodlark


SOPHISTICATED Investor analyst Adam Kiley has said that the Woodlark Island gold project appeared to be an excellent opportunity for Geopacific Resources, as it was one of the few open pittable, multi-million ounce gold deposits in the Asia/Pacific region that had not been developed.
Full Story...


PNG investors put K1.75 million into Rawson


RAWSON Resources, through its majority owned subsidiary Dondonald, has secured a capital investment of nearly K1.75 million from a group of resident PNG Investors.
Full Story...


InterOil tug-of-war hots up


AFTER almost three weeks of speculation, ExxonMobil has stepped out of the shadows and confirmed it is, indeed, the mysterious third party behind a spoiler offer that threatens to derail the $US2.2 billion marriage between Papua New Guinea-focused Oil Search and US-listed InterOil.
Full Story...


Permit granted for Timor Sea survey


CONOCOPHILLIPS (37.5% and operator) has been granted a permit to help conduct a new 3D seismic survey in the Timor Sea over the Barossa and Caldita fields, as well as some adjacent open acreage.
Full Story...


Revisited PNG seismic useful for offshore analysis


PERTH-based DataReSource has completed reprocessing of a 1972 seismic survey off the coast of Papua New Guinea’s New Britain Province, the country’s largest island.
Full Story...


Trade show starts today


THE Pacific Industrial Corporation SA PNG 2016 Industrial and Mining Exhibition 2016 takes place today and tomorrow at the Sir John Guise Stadium in Port Moresby.
Full Story...


No-confidence vote delayed


A VOTE of no confidence in Papua New Guinea Prime Minister Peter O'Neill has been delayed until July 22.
Full Story...


Police, army unite in unrest task force


POLICE and soldiers will be used by the newly established National Security Joint Task Force to control internal security threats caused by current unrest.
Full Story...


Air Niugini back to normal


AIR Niugini said at the weekend that services are slowly returning to normal.
Full Story...


Arthur Sam joins BSP board


ARTHUR Sam has been appointed to the board of the Bank of South Pacific.
Full Story...





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