The Government of Papua New Guinea is set on establishing carbon-negative clean energy as its priority over crude oil and coal even as it takes its place among carbon-trading countries. Prime Minister James Marape revealed this recently at the Petroleum and Energy Conference at Hilton Hotel along with planned major legislative measures as PNG is set to...

The Government is set to make significant legislative changes in the energy sector, with plans to introduce a bill to establish the National Petroleum Authority in Parliament before the year's end, according to the announcement made by the Minister of Petroleum and Energy, Kerenga Kua, during the recent Petroleum and Energy Conference. Minister Kua out...

The Acting Managing Director of the Mineral Resources Authority (MRA) Jerry Garry, has urged the Porgera Mine landowners, to negotiate for infrastructure developmental projects, during the coming Community Development Agreement (CDA) negotiations. Mr Garry was speaking recently at the Enga Teachers College in Wabag, during the presentation of position ...

Chief Secretary Ivan Pomaleu has once again called on staff of the Department of Prime Minister and National Executive Council to step up and resolve bottleneck issues that hinder the progress of development and service delivery. The Chief Secretary made the call during the Department’s Luncheon to celebrate Papua New Guinea’s 48th Independence. “It...

Swire Shipping, a leading provider of sustainable and innovative shipping and logistics solutions, has published its Sustainability Report, which details its goals and achievements in the areas of sustainability and decarbonisation for the calendar year 2022. The Company’s sustainability strategy provides the framework and structure to ensure that it meet...

In driving the importance of agriculture throughout the Central Province, the Southern Regional Department of Agriculture and Livestock hosted a weeklong workshop ending on the 8th of September with the local Avi Avi Cooperative society being the host venue in Aipeana village, Mekeo.  Cocoa and vanilla farmers came from the nearby Inaui village to shar...

Governor for Hela Province, Hon Philip Undialu on Friday Sept 08, 2023, presented his province’s position paper pertaining to the Porgera Mine Community Development Agreement (CDA), to the Mining Minister Hon Sir Ano Pala. The presentation was done at the Airways Hotel in Port Moresby, witnessed by Vice Minister Assisting the Prime Minister on State Ne...

The government has announced that it would propose an umbrella agreement to the landowners, impacted communities and stakeholders of the Porgera mine. The announcement was made in Alotau on September 7, 2023, by Vice Minister (VM) Assisting the Prime Minister, Hon Jimmy Maladina, in his closing remarks. He was speaking to landowners, impacted commun...

Governor for Western Province Hon Taboi Awi Yoto, this week presented his provincial government’s position paper, on the Porgera Mine Community Development Agreement (CDA) negotiation, to the Minister for Mining Hon Sir Ano Pala. The presentation was made in Alotau Milnebay province, where the State Team, landowners and impacted communities just conclu...

One of the world’s biggest and most profitable agriculture company Wilmar International Limited is keen to partner the Government of Papua New Guinea to invest in more large-scale agriculture investments in the country. Wilmar International Limited was founded in 1991 and is Asia’s leading agribusiness group today with over 500 manufacturing plants and...

Santos today announced that had it had come on board as a platinum sponsor of K300, 000 for the World Indigenous Business Forum (WIBF) 2023 which will be hosted in Port Moresby on October 24-26, 2023. Santos Papua New Guinea (PNG) Country Chairman Mr. Leon Buskens said they were more than happy to be a sponsor. “We are happy to be a part of this inaugu...

In a further stride toward enhancing Papua New Guinea's capital market, PNGX Markets, the operator of the nation's stock exchange, has introduced further updated Listing Rules. The move is aimed at propelling the development of a more robust financial ecosystem within the country. With a commitment to establishing a world-class capital market that garn...

Air Niugini's Acting Chief Executive Officer Gary Seddon says the national airline strives to provide the best services it can to its customers despite the many challenges it is facing. He shared these remarks at the Business Breakfast Meeting hosted by the Port Moresby Chamber of Commerce and Industry on the 30th of August at the Gateway Hotel. He ...

Agriculture plays a vital role in the economy of Papua New Guinea, extending beyond subsistence farming in rural communities, and is an integral part of developing the Central Province through labour force and export revenues. This was the basis of a weeklong Agriculture Sector Stakeholder Workshop, hosted by the Central Governor’s office and Provincia...

Prime Minister Hon. James Marape says he is satisfied with his meeting with French President Emmanuel Macron. The Prime Minister and the President met at the presidential office in Paris where bilateral exchanges were had covering a wide range of issues, high among them Climate Change and financing accessibility for Forest Nations.  PM Marape said: ...

Prime Minister Hon. James Marape, MP has commended the Government of Indonesia and the International Monetary Fund (IMF) for their commitment in promoting sustainable development. The Prime Minister made the commendation when delivering his keynote address on the first day of the Indonesia Sustainability Forum recently in Jakarta Indonesia. He comme...

Prime Minister Hon. James Marape has invited the business community of Israel to Papua New Guinea, offering land in a Special Economic Zone specifically for Israeli businesses in the country. Prime Minister Marape made the invitation to the Israel Manufacturers Association. The Prime Minister wasted no time, as he came out strongly advocating PNG’s ...

Prime Minister Hon. James Marape has affirmed Papua New Guinea’s strength in accepting, tolerating and living with diversity. Prime Minister Marape made this statement at the reception of the opening of the new Papua New Guinea Embassy in Jerusalem recently (5/9/23). “In 1975 when we assembled into one nationhood, we brought together over 860 differ...

Papua New Guinea’s relations with the State of Israel is very important, particularly as PNG seeks to draw from Israel’s development experiences over the last 75 years, Prime Minister Hon. James Marape has said. Prime Minister Marape said this after a bi-lateral meeting on Tuesday (05.09.23) afternoon with Israeli Foreign Minister His Excellency Mr Eli...

Ok Tedi Mining Limited (OTML) has successfully engaged the eight Community Mine Continuation Agreement (CMCA) regions women and children’s associations, and the Mine Villages women and children’s association, to enter into an investment partnership with two other local landowning groups. This investment opportunity involves a 50 percent stake valued at...

Papua New Guinea’s varied ecosystem, abundant biodiversity and native cultures necessitate a strategy that prioritizes environmental preservation at the forefront. Nabors’ MAAC (Minimum Area AC) rig is designed specifically to meet the logistical, environmental, geographical conditionals of Papua New Guinea and to drill safely and efficiently. Designed...

EDITOR’S NOTE: Michael McWalter, former Director, Petroleum Division and Adviser to the Government of Papua New Guinea, and erstwhile petroleum adviser to the Governments of Ghana, Liberia, Cambodia, Sao Tome, and South Sudan, comments on PNG’s oil and gas industry and changes to the petroleum regime made, muted, abandoned and planned. Optimising Benef...

The ABG Department of Mineral & Energy Resources facilitated a group of ten landowner leaders from Panguna to participate in the inaugural PNG Community Affairs and National Content Conference and Expo (CANCONEX) at the PNG University of Technology in Lae this week. The group comprised of male and female family representatives from the five major l...

The construction of the fabrication and training facility by Kumul Petroleum Holdings Limited will create direct employment for up to 1000 Papua New Guineans and create business for local companies in the country. Construction of lay down and necessary associated site work, including services rights of way and site access roads has now started after th...