Upstream

Papua New Guinea committed to changing its petroleum fiscal regime in 2025

Papua New Guinea’s (PNG) government has reiterated that a shift to a production sharing contract regime is planned in 2025 as part of its drive to improve the state’s share of the financial benefits ...
Upstream

Papua New Guinea moves to replace petroleum regulator

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Papua New Guinea's government has finally passed the legislation required to establish a new upstream oil ...
Reuters

Santos amends PNG stake sale terms with Papua New Guinea's Kumul Petroleum

Feb 1 (Reuters) - Oil and gas giant Santos (STO.AX), opens new tab said on Thursday it had amended the terms of sale of its 2.6% stake in PNG liquefied natural gas (LNG) project to Kumul Petroleum, ...
Nasdaq

Papua New Guinea in advanced talks with Chinese banks to fund its stakes in LNG megaprojects

SYDNEY, Dec 11 (Reuters) - Papua New Guinea's state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG) projects in the ...

West Asia Effect: Think Gas targets to add 4-5 lakh PNG consumers by December 2026

Think Gas aims to add 4-5 lakh PNG consumers by December 2026, leveraging government initiatives amid the West Asian conflict.
Rigzone

Santos to Sell 2.4 Percent Stake in PNG LNG to Kumul

'This transaction... supports the PNG government objectives for the people of PNG to have a greater equity interest in the development of their natural resources'. Image by GenDeschenes via iStock ...