Day: August 23, 2017
Puma pumps in K20 million to upgrade Alotau terminal
PUMA Energy PNG Limited, the only national downstream player in Papua New Guinea, is investing K20 million in the upgrading of its terminal at Alotau, Milne Bay. The company is […]
Oil Search records 16pc increase in sales revenue
OIL Search has recorded a net profit of US$129.1 million (K401.22 million) the company’s first half-year report. The report released yesterday said that the net profit was more than five […]
Company faithful with debt repayment
THE Oil Search board has agreed to pay an interim unfranked dividend of US4cents (K0.12) per share, compared to the 2016 interim dividend of one US cent (K0.03) per share […]
Seabed mining sparks environmental concerns
LEADERS of Rabaul district in East New Britain want the Nautilus Minerals Explorations Limited to provide evidence that the proposed Solwara One seabed mining operation will not destroy environment and […]
Harmony reports strong investment
Harmony Gold Mining Company Ltd is continuing to have a strong investment, according to the company. Harmony noted this in its results for the year ending June 30. The South […]
Boeing 767 undergoes maintenance in China
AIR Niugini says one of its Boeing 767 aircraft is currently undergoing a maintenance check in China which will take several weeks. Air Niugini said a second Boeing aircraft, unfortunately […]
Marum wary of ambush
THE PNG Hunters coach Michael Marum has named a strong line up for the final round of the Q-Cup on Sunday against the Tweed Head Seagulls. With the minor premiership […]
Netball holds three-day high-performance training
By HUXLEY LOVAI Netball PNG held a three-day high-performance training camp for elite players at the Rita Flynn Netball courts last week to prepare the playing group for their upcoming […]
Harlies pip Wanderers in prelim final
By JACK AMI HARLEQUINS pipped Wanderers 20-19 in the Capital Rugby Union women’s elimination final last Saturday. Harlies will meet Nova in the premiership decider. Harlequins withstood a surging Wanderers […]
PNGOC commends sports
THE Papua New Guinea Olympic Committee congratulated its member national federations for their team’s victories at international events over the last week. It started with the PNG Under-19 Garamuts winning […]