Papua New Guinea has agreed terms for a new multi-billion dollar natural gas project with Total, ExxonMobil and Oil Search that would double energy production and boost exports from the poor Pacific nation.
Papua New Guinea’s finance minister resigned on Thursday, days after the country signed a multi-billion dollar gas contract with energy majors Total and ExxonMobil.
Three more ministers resigned from the Papua New Guinea government on Friday — leaving Peter O’Neill’s eight-year premiership hanging by a thread.
Papua New Guinea’s embattled prime minister insisted he still had the backing of his party on Monday and can avoid being turfed out of office in a vote of no confidence.
A powerful but deep 7.2-magnitude earthquake rocked Papua New Guinea on Tuesday, officials said, cutting power and knocking items off shelves though there were no