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Thursday
20 June 2013
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   TODAY'S STORIES
 
WANTOK 
Factoring in oil for the Oil Search equation


OIL Search, one of the best performing stocks on the Australian Stock Exchange for several years, now has a trifecta of opportunities, each of which have potential as significant company building blocks. By Wantok
Full Story...


MORE WANTOK

The sad story of police brutality in PNG


PNGSDP: changing fortunes, changing roles


Unscrambling political instability


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OIL AND GAS 
Pertamina inks PNG MOU


INDONESIAN LNG giant Pertamina has signed a memorandum of understanding with the National Petroleum Company of Papua New Guinea (NPCP), with both state-owned companies aiming to collaborate over hydrocarbon opportunities along their national borders.
Full Story...


MORE OIL AND GAS

Factoring in oil for the Oil Search equation


Lion pounces on Indonesia


Raising the roof


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MINING 
Niuminco eyes Tassie plays


PAPUA New Guinea explorer Niuminco Group has agreed to buy a 19.9% stake in Tasmanian tin and tungsten-focused TNT Mines.
Full Story...


MORE MINING

Hidden horror


Frontier hibernation


Anti-457 visa campaign in Australia


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MARKET WATCH 
Ross Kemp held captive in PNG


TELEVISION personality Ross Kemp, well known for his documentary series on the world’s most dangerous gangs, has been held-up by raskols while filming an episode in Papua New Guinea.
Full Story...


MORE MARKET WATCH

Sharing the pain


Kumul power grab


Duma fears Exxon dominance


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REGIONAL WATCH 
Anti-457 visa campaign in Australia


THE CFMEU is making skilled worker imports an election issue by releasing research showing that key rural and regional communities oppose temporary overseas work visas and support the federal government crackdown on the 457 visa scheme.
Full Story...


MORE REGIONAL WATCH

Rio takes axe to senior execs


Lion pounces on Indonesia


Raising the roof


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PNG LNG 
Factoring in oil for the Oil Search equation


OIL Search, one of the best performing stocks on the Australian Stock Exchange for several years, now has a trifecta of opportunities, each of which have potential as significant company building blocks. By Wantok
Full Story...


MORE PNG LNG

Kumul power grab


Finishing touches


PNG LNG expansion in mind


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Ross Kemp held captive in PNG


TELEVISION personality Ross Kemp, well known for his documentary series on the world’s most dangerous gangs, has been held-up by raskols while filming an episode in Papua New Guinea.
Full Story...


Pertamina inks PNG MOU


INDONESIAN LNG giant Pertamina has signed a memorandum of understanding with the National Petroleum Company of Papua New Guinea (NPCP), with both state-owned companies aiming to collaborate over hydrocarbon opportunities along their national borders.
Full Story...


Factoring in oil for the Oil Search equation


OIL Search, one of the best performing stocks on the Australian Stock Exchange for several years, now has a trifecta of opportunities, each of which have potential as significant company building blocks. By Wantok
Full Story...

Niuminco eyes Tassie plays


PAPUA New Guinea explorer Niuminco Group has agreed to buy a 19.9% stake in Tasmanian tin and tungsten-focused TNT Mines.
Full Story...


Hidden horror


HARMONY Gold has warned there will be a write-down in the value of the struggling Hidden Valley gold and silver mine it owns 50:50 with Newcrest Mining in Papua New Guinea.
Full Story...


Foreign postings for Somare govt figures


FORMER Petromin chief Joshua Kalinoe and Sir Michael Somare’s appointed police commissioner during the political impasse before the 2012 election, Fred Yakasa, have won prominent diplomatic posts overseas.
Full Story...


Frontier hibernation


PAPUA New Guinea explorer Frontier Resources says the $A500,000 final payment from Newcrest Mining, which recently abandoned a farm-in agreement over its Andewa project, will provide “adequate hibernation income” for the rest of 2013.
Full Story...


Anti-457 visa campaign in Australia


THE CFMEU is making skilled worker imports an election issue by releasing research showing that key rural and regional communities oppose temporary overseas work visas and support the federal government crackdown on the 457 visa scheme.
Full Story...


Rio takes axe to senior execs


MINING giant Rio Tinto has slashed up to 50 jobs from its Perth office as the company ramps up its cost-saving measures.
Full Story...


Lion pounces on Indonesia


LION Energy has entered into a transaction coordination and convertible loan agreement with KRX Energy and Risco Energy to refocus the company on Southeast Asia as it looks for exposure to the Indonesian energy market.
Full Story...


Raising the roof


THE APLNG project at Gladstone is half complete, with the roof of one of two massive LNG storage tanks put into place on Friday.
Full Story...


Linking in Lae


PRIME Minister Peter O’Neill recently confirmed government plans to usher in an international terminal at Lae’s Nadzab airport. A separate plan to establish a temporary Lae to Cairns airline route is also advancing.
Full Story...


Petrochemical plant flagged


A Japanese joint venture has met with Prime Minister Peter O’Neill to discuss the prospect of developing a $US1 billion petrochemical plant in Papua New Guinea that may help reduce domestic fuel costs.
Full Story...


A ‘dam’ tricky situation


THE Papua New Guinean government is reviewing mine tailings management legislation which may result in a ruling that all tailings be stored on land – possibly affecting six of the eight operating mines in the country that practice river or ocean tailings disposal. By Cindy Brown
Full Story...


Barnett wields the axe


IF there was concern that widespread job cuts in Western Australia's public service could affect the mining sector, peak bodies were not letting on.
Full Story...


Oil Search spuds Hagana-1


OIL Search has spudded the Hagana-1 offshore well in the Gulf of Papua while its Taza 1 ST2 well in Iraq and its Mananda-6 well in Papua New Guinea are yielding more oil.
Full Story...





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