Kumul Petroleum Holdings Ltd. has met the funding conditions to buy a 2.6 percent stake in PNG LNG from Santos Ltd., Santos said in a media release. Kumul paid approximately $250 million into escrow ...
Front-end engineering design work on the $3.5 billion ExxonMobil-led Papua New Guinea to Queensland gas project is scheduled to begin later this year and should be completed before the end of the year ...
THE PNG asylum deal will cost us more than $1b even as the government quietly revealed it was funding a new detention centre in rural NSW. Despite Prime Minister Kevin Rudd striking an agreement to ...
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