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Tuesday
7 February 2012
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   TODAY'S STORIES
 
OIL AND GAS 
Palmer flags PNG deal with Exxon
(Monday, 6 February 2012)

MINING magnate Clive Palmer could farm-out stakes of up to three offshore petroleum prospecting licences in Papua New Guinea to PNG LNG project operator ExxonMobil.
Full Story...


MORE OIL AND GAS

Expectations high for Ketu-2


Shell on the growth path


The crack detector


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MINING 
The crack detector
(Monday, 6 February 2012)

FINDING a defect is one of the key parts of the mobile equipment maintenance process. But what if that defect is beneath a centimetre of coating? Vetti Kakulas reports on a solution to this sort of problem.
Full Story...


MORE MINING

On reflection, a good idea


Strong start at Tekem


Kula hits 2Moz


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MARKET WATCH 
Mixed news week
(Friday, 3 February 2012)

THERE was a mining sector rally on European markets overnight after Xstrata confirmed that merger talks were underway with commodities trader Glencore International. But in a worrying sign, the Baltic Dry Index has plummeted.
Full Story...


MORE MARKET WATCH

Known players in the running: InterOil


More survivors


Supreme Court awakens


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REGIONAL WATCH 
Shell on the growth path
(Monday, 6 February 2012)

DESPITE expecting continued volatility in the global economy and energy markets, oil giant Shell has announced ambitious growth plans to boost cash flow up to 50% in the next four years.
Full Story...


MORE REGIONAL WATCH

The crack detector


On reflection, a good idea


With confidence comes cash: Hays


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PNG LNG 
Palmer flags PNG deal with Exxon
(Monday, 6 February 2012)

MINING magnate Clive Palmer could farm-out stakes of up to three offshore petroleum prospecting licences in Papua New Guinea to PNG LNG project operator ExxonMobil.
Full Story...


MORE PNG LNG

Landowners react to landslide


Clough Curtain wins more PNG LNG work


Shocking landslide: photos


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Palmer flags PNG deal with Exxon
(Monday, 6 February 2012)

MINING magnate Clive Palmer could farm-out stakes of up to three offshore petroleum prospecting licences in Papua New Guinea to PNG LNG project operator ExxonMobil.
Full Story...


Survivor count unchanged
(Monday, 6 February 2012)

EMERGENCY services fear the worst for an estimated 100 people lost in the MV Rabaul Queen disaster last week.
Full Story...


Expectations high for Ketu-2
(Monday, 6 February 2012)

KINA Petroluem is expecting the Ketu-2 appraisal/development well it shares with Horizon Oil and Talisman Energy in Papua New Guinea’s Western Province to be spudded in early March.
Full Story...

Another legal chapter to begin
(Monday, 6 February 2012)

A PEACEFUL protest by lawyers and judges is expected in Port Moresby today, which comes after Chief Justice Sir Salamo Injia was reportedly barred from accessing the judges’ chambers by police on Friday.
Full Story...


Shell on the growth path
(Monday, 6 February 2012)

DESPITE expecting continued volatility in the global economy and energy markets, oil giant Shell has announced ambitious growth plans to boost cash flow up to 50% in the next four years.
Full Story...


The crack detector
(Monday, 6 February 2012)

FINDING a defect is one of the key parts of the mobile equipment maintenance process. But what if that defect is beneath a centimetre of coating? Vetti Kakulas reports on a solution to this sort of problem.
Full Story...


On reflection, a good idea
(Monday, 6 February 2012)

ELECTRIC mirrors have been standard fitment on cars for decades. For haul trucks though, not so much. That could be about to change. By Noel Dyson
Full Story...


With confidence comes cash: Hays
(Monday, 6 February 2012)

AUSTRALIAN oilies are the second best paid in the world, according to a new salary survey.
Full Story...


Mixed news week
(Friday, 3 February 2012)

THERE was a mining sector rally on European markets overnight after Xstrata confirmed that merger talks were underway with commodities trader Glencore International. But in a worrying sign, the Baltic Dry Index has plummeted.
Full Story...


Known players in the running: InterOil
(Friday, 3 February 2012)

INTEROIL has revealed it is in talks with “several internationally recognised” LNG operators to partner into the Gulf LNG project in Papua New Guinea while its Triceratops-2 well in Gulf Province was at a depth of 516m yesterday.
Full Story...


More survivors
(Friday, 3 February 2012)

AN ADMIRABLE rescue effort has resulted in 238 survivors from the MV Rabaul Queen disaster off the coast of Finschhafen in Papua New Guinea’s Morobe province yesterday but fears remain for the 100 or more people still missing.
Full Story...


Supreme Court awakens
(Friday, 3 February 2012)

A SHOWDOWN between the courts and the O’Neill-Namah coalition government is underway after the Supreme Court fought off a second attempt by the National Executive Council to remove Chief Justice Sir Salamo Injia.
Full Story...


Westside spudded
(Friday, 3 February 2012)

HOPES are high after Oil Search spudded the P’nyang South-1 appraisal well in Papua New Guinea’s Western Province.
Full Story...


Strong start at Tekem
(Friday, 3 February 2012)

QUINTESSENTIAL Resources is capturing industry attention after its first two holes at the Tekem gold deposit of its Bismarck project in Papua New Guinea notched up shallow intersections of 2.2m grading 7.3 grams per tonne gold and 2.1m at 8.1gpt gold.
Full Story...


Kula hits 2Moz
(Friday, 3 February 2012)

KULA Gold has hit the 2 million ounces of gold mark for its Woodlark Island project in Papua New Guinea after drilling the new Kulumadau East discovery in late 2011.
Full Story...


Mutineers held French guns
(Friday, 3 February 2012)

AMERICAN gun enthusiasts have identified some automatic rifles surrendered by soldiers behind ex-colonel Yaura Sasa’s failed attempt to control Papua New Guinea’s Defence Force as rare and may have come from Vanuatu or Indonesia.
Full Story...





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