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Papua new guinea
LNG
Papua New Guinea in Advanced Talks With Chinese Banks to Fund Its Stakes in LNG Megaprojects
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…
Singapore
Singapore Signs Carbon Credits Deal With Papua New Guinea
Singapore has signed its first carbon credits implementation agreement with Papua New Guinea, setting out a legally binding framework and processes for generati…
Offshore Wind Power
EnBW Clears He Dreiht Offshore Wind Farm for Takeoff, Sells Stake to Consortium
EnBW has made the final investment decision (FID) for the He Dreiht offshore wind project in the German North Sea, clearing the way for the start of constructio…
Hydropower Plant
Baime Hydropower Project Set to Be Commissioned in Papua New Guinea
The 11.6GW Baime hydropower project in Morobe Province in Papua New Guinea is scheduled for commissioning this month.The project, which will be able to produce …
TotalEnergies May Buy Green Power From Fortescue in Papua New Guinea -Regulator
Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company's Papua LNG project from a series of proposed renewable en…
Hydrogen Project
Papua New Guinea could Produce 2.3 million Tonnes of Green Hydrogen per Year with New Agreement
Papua New Guinea could receive a significant boost in developing its green hydrogen ecosystem with the nation partnering with Fortescue Future industries to dev…
Hydrogen Project
FFI Strikes Hydrogen Deal with PNG
Iron-ore major Fortescue Metals’ green energy arm, Fortescue Future Industries is partnering with Papua New Guinea, to develop multiple large-scale green energ…
Power Construction
PNG Power Improvement Project Approved by World Bank
The World Bank has approved a project by Papua New Guinea-based energy company PNG Power to support improvements to the company’s operational and financial per…
LNG
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.
LNG
Total, Exxon Demobilize PNG LNG Expansion Workers Due to COVID-19
Oil and gas companies Total and ExxonMobil have idled workers at the troubled Papua New Guinea LNG expansion project due to the COVID-19 pandemic, project partn…
Geothermal Power Plant
Lack of Policy Hampering Potential Geothermal Investments in Papua New Guinea
In a recent parliament sitting in Papua New Guinea, questions are raised on the geothermal policy for Papua New Guinea.
Oil & Gas Trade
Papua New Guinea LNG Sells Cargo at $4/MmBtu
ExxonMobil sold a shipment of liquefied natural gas in April for nearly $4 per million British thermal units.
LNG
Exxon and Papua New Guinea should Return to LNG Negotiating Table
Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the hea…
Oil & Gas Trade
PNG Government Walks Away from Gas Talks with Exxon
According to Reuters, the government of Papua New Guinea (PNG) has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas e…
First Utility-Scale Gas Engine Power Plant Is Operational in Papua New Guinea
A 58 MW plant was supplied and built by Finnish technology group Wärtsilä and was inaugurated by Papua New Guinea prime minister James Marape. The plant is in…
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