TotalEnergies (NYSE:TTE) said Monday the planned Papua LNG liquefied natural gas project in Papua New Guinea will require more work to reach a final investment decision, which it has postponed ...

AGL has completed the sale of its PNG oil and gas assets for a total consideration of approximately US $800 million with Merlin Petroleum, and affiliate of Nippon Oil. AGL has completed the sale ...

Following construction of a $19 billion liquefied natural gas (LNG) project, PNG LNG, a consortium led by ExxonMobil, began exporting liquefied natural gas to Asian markets in May 2014.

“The test will be whether PNG will, in the short, medium, and long term, be able to realize the benefits of hosting.” In an economic milestone for the country, a major LNG project makes its ...

Apart from this, the French oil and gas giant disclosed that a planned new LNG project in Papua New Guinea is projected to keep working with contractors to get commercially viable EPC contracts ...

PARIS -Italy's largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) said they will not finance a $10 billion LNG project in Papua New Guinea, as environmental groups lobby ...