KUMUL Petroleum Holdings Managing Director Wapu Sonk has stepped down as a board member for the PNG NRL team franchise.

CANBERRA, Australia—Papua New Guinea’s new prime minister said his country won’t offer any special deals to Chinese investors and reports his government will seek a larger return on resource ...

The Australian government’s support was supposed to head off Chinese influence, but the suspect deal would have invited just ...

Papua New Guinea state-owned Kumul Petroleum has again delayed a deal to buy a 5% stake in the PNG liquefied natural gas (LNG) project from Santos Ltd , now to the end of August, to line up ...

In separate agreements with Nauru, Papua New Guinea and the Solomon Islands, Australia is attempting to edge out China’s influence in the region. By Victoria Kim Reporting from Sydney, Australia ...

Australia and Papua New Guinea unveil a long-awaited deal handing PNG its own NRL team, confirming the league's most ambitious expansion since formation, and notching what the federal government ...

Eaglewood closes PNG deals Canadian explorer Eaglewood Energy has closed a series of acreage transactions in Papua New Guinea, and has started the search for a joint venture partner for an ...

Exxon Mobil Corp and its partners signed a deal with the Papua New Guinea (PNG) government, the U.S. energy giant said on Tuesday, paving the way for the development of the P'nyang gas field and ...