Papua New Guinea Oil & Gas Articles

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PNG LNG To Boost Crude Exports

Papua New Guinea is expected to experience a strong upsurge in oil production following the start up of the PNG LNG project. While the principle increase in hydrocarbon output will emanate from...

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Medco Expands Onshore PNG Operations

Indonesia-based oil producer Medco Energi, through its subsidiary Medco Asia Pacific has entered a sale and purchase agreement with Moonbi Enterprises to buy a 90% stake in its subsidiary Moonbi...

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A Gas-Rich Future

There are four main themes that will characterise the Asian oil and gas industry over our 10-year forecast period from 2013 to 2022: stronger demand for gas than oil, the growing importance of...

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Divide Widens Across The Pond

BMI View: As expected, weak demand continued to rein in price spikes in November. The Israeli bombardment of the Gaza Strip and a temporarily solution to the Greek debt crisis saw Brent rise to US$...

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Petrobras: Slowly Righting The Ship

BMI View: Petrobras registered net income of US$11bn in 2012, representing a 45% y-o-y decline in net income. Although Petrobras' results have disappointed investors, particularly over the last two...

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