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Sunday
29 May 2016
 
 
   TODAY'S STORIES
 
MARKET WATCH 
Steady as she goes for commodities


COMMODITY prices ended the week unspectacularly, with iron ore and zinc closing better than most.
Full Story...


MORE MARKET WATCH

Big resource upgrade for Nautilus


China gas demand growth good news for PNG


Japan invites O’Neill to G7 summit


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Steady as she goes for commodities


COMMODITY prices ended the week unspectacularly, with iron ore and zinc closing better than most.
Full Story...


Big resource upgrade for Nautilus


SEAFLOOR explorer and development company Nautilus Minerals has announced a substantial upgrade to its Clarion-Clipperton Fracture Zone (CCZ) project in the central Pacific Ocean.
Full Story...


China gas demand growth good news for PNG


GAS is back on the menu in China, with demand up 15% for the year to date, a much more robust rate of growth than the anaemic single digit growth of 2015, and with imports meeting half of gas demand that’s good news for Papua New Guinea’s LNG exporters.
Full Story...

Japan invites O’Neill to G7 summit


PRIME Minister Peter O’Neill is among a small group of developing countries which have been invited to attend the 42nd G7 meeting in Japan this week.
Full Story...


Exxon, bankers get together to develop skills


EXXON Mobil PNG and the PNG Institute of Banking and Business Management Enterprise Centre have announced a 12-month continuation of their long-standing partnership to develop the capacity and skills of Papua New Guinean businesses.
Full Story...


Clean-up at Hanuabada tomorrow


BUSINESS has put its weight behind the Hanuabada Community clean-up day, which takes place tomorrow.
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Micah strongly supports InterOil deal


PETROLEUM and Energy Minister Ben Micah has expressed unreserved support for the deal struck between Oil Search, InterOil and Total this week, which would result in the creation of a major independent PNG oil and gas company.
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PM firm on not resigning


PRIME Minister Peter O’Neill has responded to student and other calls to step down over various allegations.
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Total switching to cleaner energy


TOTAL is deepening its investments in clean energy, reducing its exposure to tar sands and dropping any plans to drill in the Arctic in order to meet international targets designed hold global warming below 2C
Full Story...


Calls to restart Ramu operations


CONCERNS about the continued cessation of operations at Ramu nickel and cobalt mine have been articulated in Papua New Guinea.
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Tolukuma restart scheduled for 2017


THE company which acquired the Tolukuma gold mine in December last year from Petromin-Kumul Mineral Holdings, Asidokona Mining, says it is rehabilitating the mine in preparation for a restart.
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Blair to head Conferma Asia-Pacific sales


VIRTUAL card technology company Conferma has appointed Darren Blair as director of sales for Asia Pacific.
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InterOil bid talk rumbles on


SPECULATION is mounting that Oil Search’s $3 billion friendly takeover offer could turn into a pitched battle, with shareholders seeking a higher officer or a white knight bidder.
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Turn focus to tourism, World Bank urges


A REPORT from the World Bank has noted that tourism plays an important role in Pacific island economies and is one of the region’s few economically viable sectors, which could create up to 128,000 jobs by 2040.
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Oil firms under pressure, says Carbon Tracker


ACCORDING to advocacy group Carbon Tracker, US and European oil and gas companies are under increasing pressure from shareholders to stress-test their businesses against a global climate target to limit warming to below 2C.
Full Story...


Science taking a back seat, Tabar warns


EDUCATION Minister Malakai Tabar has said that social science was taking precedence over pure science by young people entering colleges and universities.
Full Story...





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