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Wednesday
1 October 2014
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   TODAY'S STORIES
 
OIL AND GAS 
Polye to serve UBS over Oil Search saga


SACKED government treasurer Don Polye has been given the go ahead to serve court papers on the Swiss investment bank which granted Papua New Guinea’s state a $A1.2 billion loan to purchase shares in Oil Search.
Full Story...


MORE OIL AND GAS

Horizon confirms China oil discovery


PCF eyes more oil and gas


Energy Briefs


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MINING 
Foyson in trading halt


THE shares of Papua New Guinea-focused explorer Foyson Resources have been placed in a trading halt pending the release of an announcement to the Australian Securities Exchange.
Full Story...


MORE MINING

Trigold gains PNG gold tenements


Barminco posts ‘technical’ loss


Unlocking value of social investment


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MARKET WATCH 
Total eyes two Gulf LNG trains in PNG


FRENCH supermajor Total has revealed that the LNG project based on InterOil’s Elk-Antelope onshore carbonate discoveries in Papua New Guinea’s Gulf province could end up targeting 6 million tonnes per annum.
Full Story...


MORE MARKET WATCH

Bougainville refutes Panguna research report


Kula encouraged by assay results


Cue licks its wounds


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PROJECT WATCH 
Horizon confirms China oil discovery


THE value of Papua New Guinea-focused Horizon Oil could be set to rise following the discovery of oil in the Beibu fields, offshore China.
Full Story...


MORE PROJECT WATCH

Total eyes two Gulf LNG trains in PNG


Cott sells Kina shares


Horizon steps from shadow of merger that wasn’t


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COMPANY WATCH 
Polye to serve UBS over Oil Search saga


SACKED government treasurer Don Polye has been given the go ahead to serve court papers on the Swiss investment bank which granted Papua New Guinea’s state a $A1.2 billion loan to purchase shares in Oil Search.
Full Story...


MORE COMPANY WATCH

Barminco posts ‘technical’ loss


Bougainville refutes Panguna research report


Indophil recommends takeover offer


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REGIONAL WATCH 
Horizon confirms China oil discovery


THE value of Papua New Guinea-focused Horizon Oil could be set to rise following the discovery of oil in the Beibu fields, offshore China.
Full Story...


MORE REGIONAL WATCH

PCF eyes more oil and gas


Energy Briefs


Axiom wins right to restart on Solomon Islands


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ECONOMY 
Bougainville refutes Panguna research report


AUTONOMOUS Region of Bougainville President Dr John Momis has refuted a report suggesting that local people are against the reopening of the giant Panguna copper mine in Papua New Guinea.
Full Story...


MORE ECONOMY

Tuna facility expected to generate K165M


World Bank ponders PNG funding


Funds released for PNG’s PMIZ development


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PNG LNG 
Polye to serve UBS over Oil Search saga


SACKED government treasurer Don Polye has been given the go ahead to serve court papers on the Swiss investment bank which granted Papua New Guinea’s state a $A1.2 billion loan to purchase shares in Oil Search.
Full Story...


MORE PNG LNG

Hides development ‘near completion’


LNG price lift


InterOil kicks off Elk-Antelope appraisal


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POMSoX 
Hides development ‘near completion’


PNG LNG project operator ExxonMobil PNG has confirmed that development drilling on the Hides gas field is nearing completion.
Full Story...


MORE POMSoX

LNG price lift


InterOil kicks off Elk-Antelope appraisal


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Polye to serve UBS over Oil Search saga


SACKED government treasurer Don Polye has been given the go ahead to serve court papers on the Swiss investment bank which granted Papua New Guinea’s state a $A1.2 billion loan to purchase shares in Oil Search.
Full Story...


Foyson in trading halt


THE shares of Papua New Guinea-focused explorer Foyson Resources have been placed in a trading halt pending the release of an announcement to the Australian Securities Exchange.
Full Story...


Horizon confirms China oil discovery


THE value of Papua New Guinea-focused Horizon Oil could be set to rise following the discovery of oil in the Beibu fields, offshore China.
Full Story...

Trigold gains PNG gold tenements


CANADIAN explorer Trigold Resources has signed a share purchase agreement for three tenements through the takeover of Papua New Guinea-focused company Vangold PNG Limited.
Full Story...


Barminco posts ‘technical’ loss


UNDERGROUND hard rock mining contractor Barminco has reported reduced revenue year-on-year and a “technical” loss for the 2013-14 financial year.
Full Story...


PCF eyes more oil and gas


PCF Capital Group is seeking to increase its presence in the oil and gas sector after enduring what managing director Liam Twigger described as a “nuclear winter” of late in the sector where its core competencies lie, hard rock mining.
Full Story...


Unlocking value of social investment


METALS, mining and engineering companies invested $US1.2 billion ($A1.3 billion) in social programs last year with minimal community impact, according to KPMGT International.
Full Story...


Energy Briefs


IN TODAY’S Energy Briefs: Burleson struggles for production; African logistics expansion; Armour’s rebate issues; Odin’s alternative business; and Buccaneer progresses.
Full Story...


Total eyes two Gulf LNG trains in PNG


FRENCH supermajor Total has revealed that the LNG project based on InterOil’s Elk-Antelope onshore carbonate discoveries in Papua New Guinea’s Gulf province could end up targeting 6 million tonnes per annum.
Full Story...


Bougainville refutes Panguna research report


AUTONOMOUS Region of Bougainville President Dr John Momis has refuted a report suggesting that local people are against the reopening of the giant Panguna copper mine in Papua New Guinea.
Full Story...


Kula encouraged by assay results


KULA Gold has welcomed ore grade assay results from the first exploration trench completed at the Little Mackenzie prospect on Woodlark Island in Papua New Guinea.
Full Story...


Cue licks its wounds


CUE Energy copped a net loss of $2.2 million last financial year, with production revenue down $16 million from FY2013 to $34 million, the company’s annual report revealed today.
Full Story...


Axiom wins right to restart on Solomon Islands


AXIOM Mining says a long-standing legal challenge to its nickel operations in the Solomon Islands has been thrown out as an abuse of court process.
Full Story...


Global Wrap: Newmont, London Mining and more


IN THIS week’s Global Wrap: Batu Hijau gets export permit; London Mining in dispute with Glencore; first production from Eagle; Ivanhoe adds management; and Primero reports fatality.
Full Story...


Codex call by O’Neill


A LEVY to help Papua New Guinean food producers meet Codex standards is one of the issues on the table for the 13th session of the Codex Committee for the North America South West Pacific Region.
Full Story...


Australia, Singapore reinforce defence sci-tech links


INCREASING the number of joint Australia-Singapore defence science and technology projects has been discussed during a high-level meeting between the two countries.
Full Story...





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