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Latest Papua New Guinea Stories

2014-06-30 04:20:52

PORT MORESBY, Papua New Guinea, June 30, 2014 /PRNewswire/ -- Puma Energy, a global integrated midstream and downstream energy company, has today announced the acquisition of InterOil Corporation (NYSE:IOC) subsidiary companies that own refining and fuels marketing businesses in Papua New Guinea for US$525.6 million, which includes adjustments for cash and working capital. Under the deal, which represents Puma Energy's first investment in Papua New Guinea, Puma will acquire...

2014-06-30 04:20:43

- Enhances focus on higher-returning upstream and LNG business SINGAPORE and PORT MORESBY, Papua New Guinea, June 30, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, PoMSOX: IOC) has announced the sale of companies that hold its Papua New Guinea oil refinery and petroleum products distribution businesses to Singapore-based Puma Energy Group Pte for US$525.6 million, which includes adjustments for cash and working capital. InterOil's downstream businesses include the Napa...

2014-06-24 16:21:51

Election of Directors and appointment of Auditors SINGAPORE and PORT MORESBY, Papua New Guinea, June 24, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) ("InterOil" or the "Company") is pleased to announce that at its annual meeting of shareholders held in New York on June 24, 2014, all resolutions put before shareholders were approved. Gaylen Byker, Michael Hession, Roger Lewis, Ford Nicholson, Sir Rabbie Namaliu, Samuel L. Delcamp and Sir Wilson Kamit were...

2014-06-17 04:20:29

SINGAPORE, June 17, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) has finalised a US$300 million syndicated, senior secured capital expenditure facility through a consortium of banks led by Credit Suisse AG. The facility was supported by InterOil's existing banks, Credit Suisse, Commonwealth Bank of Australia, Westpac Bank, Australia and New Zealand Banking Group, Bank of South Pacific, BNP Paribas, UBS AG, Macquarie Capital Group, and new banks, The Bank of...

2014-05-14 08:23:08

Milestones Reached, Exploration Starts SINGAPORE and PORT MORESBY, Papua New Guinea, May 14, 2014 /PRNewswire/ -- InterOil Corporation (NYSE:IOC; POMSoX:IOC) (the "company") today announced a 2014 first quarter net profit of $318.6 million, due mainly to a one-off $340.5 million gain from the sale of an interest in PRL 15 to Total S.A. of France on March 26, 2014(1). The profit, up from $4.0 million in the first quarter of 2013, is underpinning aggressive exploration drilling across the four...

2014-04-16 23:05:41

A solar entrepreneur and recreational survivalist has designed SunJack, a 20 Watt solar powered quick-charger and battery pack system for on-the-go power—and as a first step to clean energy independence for the people of Papua New Guinea. Los Angeles, California (PRWEB) April 16, 2014 Harold Tan, a solar entrepreneur and recreational survivalist, has launched a new Kickstarter campaign to build and market SunJack, the world’s most portable 20-Watt solar charger and battery pack for...

2014-03-31 08:22:25

Focus Now on LNG Partnership and Drilling Program SINGAPORE and PORT MORESBY, Papua New Guinea, March 31, 2014 /PRNewswire/ -- InterOil Corporation (NYSE:IOC; POMSoX:IOC) (the "Company") announced today record revenues and products sold in its financial results for the full year ending December 31, 2013. The year also resulted in new leadership at InterOil and agreement with Total S.A. of France to develop the multi-billion-dollar Elk-Antelope gas field in Papua New Guinea. In March this...

2014-03-28 04:21:18

SINGAPORE and PORT MORESBY, Papua New Guinea, March 28, 2014 /PRNewswire/ -- InterOil (NYSE: IOC; POMSoX: IOC) has received notification from Oil Search (ASX, POMSoX: OSH) of a dispute under the Joint Venture Operating Agreement relating to Petroleum Retention License 15 in Papua New Guinea. We will be responding in accordance with the terms of that agreement. Any proceedings commenced by Oil Search seeking to set aside the transaction completed with Total S.A. (Paris: FP, NYSE: TOT)...

2014-03-26 08:23:29

PORT MORESBY, Papua New Guinea and SINGAPORE, March 26, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) announced that it has completed the acquisition of an additional 1.0536% participating interest in Petroleum Retention License 15. The consideration for the interests was $41.53m, satisfied by the issue of common shares of InterOil. About InterOilInterOil Corporation is an independent oil and gas business with a primary focus on Papua New Guinea and the...

2014-03-25 20:20:57

PORT MORESBY, Papua New Guinea and SINGAPORE, March 25, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) announced that it will hold a conference call to discuss closing of the revised sale and purchase agreement with Total SA covering the Elk-Antelope gas field in Petroleum Retention License 15 in Papua New Guinea. The conference call will be held on Wednesday, March 26, 2014, at 7:30 a.m. Central (8:30 a.m. Eastern) to discuss the details of the transaction. The...


Latest Papua New Guinea Reference Libraries

Brachydiplax denticauda
2013-07-17 10:29:45

Brachydiplax denticauda is a species of dragonfly that can be found in a range that includes north and northeastern areas of Australia, the Solomon Islands, Papua New Guinea, and Indonesia. It can be found near slow moving freshwater sources. The species is small, so it can be hard to see, but as is typical to its genus, males hold bright colors such as powder blue with a cream color on the mouth. This trait has given it the common name of palemouth. It is thought to have a stable population...

Stephanosoenia_michelinii_1
2012-04-03 14:18:34

Astrocoeniidae is a family of stony corals endemic to the waters around Papua New Guinea and northern Australia. Their habitats are steep slopes where strong currents rise from below, in crevices and below overhangs. These are reef-building colonial corals containing an algae known as zooxanthallae. These algae typically encrust corals up to 20 inches in diameter. On reef slopes, where water is more turbid (cloudy/murky), they are much smaller, only reaching 2 inches across. The World...

20_9651abd6ed96e4d0ba6ab20532bf9454
2009-07-01 14:02:18

Australasia is one of Earth's eight ecosystems. This ecozone includes Australia, New Guinea (including Papua New Guinea and the Indonesian province of Papua), and the eastern region of the Indonesian archipelago (island of Sulawesi, Moluccan islands, and the islands of Lombok, Sumbawa, Sumba, Flores, and Timor). Several Pacific island groups are also part of the Australasia ecosystem including the Bismarck Archipelago, Vanuatu, Solomon Islands, and New Caledonia. The rest of Indonesia not...

40_93f6d39bef39fec2234d2be062ef6c17
2007-12-27 10:11:13

Southern Tailed Birdwing (Ornithoptera meridionalis), is the smallest species of butterfly in its genus. It is found in southern Papua New Guinea and in several areas along the south coast of Irian Jaya. It is strictly a lowland species, favouring primary rainforest. A very few specimens have also been collected at altitude in Irian Jaya, however these specimens were reared from immature stages and emerged crippled, suggesting that high altitude forests are not favoured habitats. Males...

41_0c6212782c4bdf0caba88ba7d96d6953
2007-01-02 11:31:32

The Black Tree Monitor, Varanus beccari, is a relatively small member of the Varanidae family. It is native to the forest of the Aru Islands of Papua New Guinea. It is well adapted to living in trees. This species has a particularly long tail, sometimes two-thirds of the overall length of the body. It is used to stabilize the animal when on tree branches. In fact the tail is used for this purpose solely. It does not use its tail for lashing in a defensive manner as seen in other monitor...

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Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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