Papua New Guinea is demanding a greater share of the country’s resource wealth, stepping up its battle with companies including Exxon Mobil Corp. and Barrick Gold Corp. Prime Minister James Continue Reading
France-based oil and gas major Total said Friday it has signed an accord with the government of Papua New Guinea to double LNG exports from that country. Photo by Fletcher6/Wikipedia Continue Reading
After several months of what can only be only called bad PR and troubling news coming out of the ExxonMobil-led $19 bn Papua New Guinea (PNG) LNG project, finally some Continue Reading
Sydney — China’s state-owned PetroChina International has signed a three-year agreement for the purchase of 0.45 million mt/year of LNG from the ExxonMobil-operated Papua New Guinea LNG project, expected to Continue Reading
As liquefied natural gas (LNG) markets mature, trying to establish itself against decades of crude oil dominance, developments far removed from most of the action are taking unusual turns that Continue Reading
A new gas discovery was made in Papua New Guinea and data assessments are now geared toward commercial developments, a key regional player said. Oil Search announced Thursday it encountered Continue Reading
Dinged by a severe earthquake in Papua New Guinea, Exxon Mobil said Friday its production levels were down 6 percent when compared with last year. In its quarterly report, Exxon Continue Reading
The reserve estimate for natural gas in Papua New Guinea is 84 percent higher than first thought, warranting a significant expansion, Exxon Mobil said. Exxon said the reserve estimate at Continue Reading
A senior Exxon Mobil Corp executive said on Wednesday the company is still assessing damage to its natural gas processing plant in the mountains of Papua New Guinea, knocked out Continue Reading
Australia’s Oil Search Ltd said on Tuesday that it expects its Gobe processing plant and oil export pipeline in Papua New Guinea to be operational later this week, after a Continue Reading
