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AGP Executive Report

Last update: 5 hours ago

Fuel & pricing pressure: PNG’s fuel is “secure” for now, but officials are warning businesses to plan for a worst-case scenario, including possible rationing, as Middle East risks could push crude toward US$200 and keep prices elevated into 2027; the ICCC says recent pump instability was driven by delayed subsidy reimbursements, and it is now cracking down on any service stations/PMVs that try to charge above approved ceilings. Telecom leadership: Digicel Pacific has appointed Tim Bryson as Group Head of External Affairs, aiming to strengthen government relations across Australia, PNG and Pacific markets. Connectivity gap: Australia’s Pat Conroy says affordable internet remains out of reach for over 80% of people, arguing connectivity could lift growth and jobs. Blue economy push: PNG plans a 200,000 sq km “no-take” marine sanctuary in the Bismarck Sea to protect a western Pacific “marine highway.” Mining momentum: PNG is also watching the global deep-sea mining rush after US moves to fast-track permits—while PNG continues to tighten enforcement on gold smuggling at Jacksons International Airport. Industry & investment signals: Bougainville Copper appoints a permanent CEO; Marape backs forestry downstream processing via PNG Diwai Holdings; and Newmont Lihir Gold reports a record K852m corporate tax payment to the IRC.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 4, 2026

B2i Digital sets May 5-7 investor conference on precious metals and critical minerals

EIN Presswire

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Apr. 28, 2026

Charlene Fried wins IAOTP's Elite Professional Award in Education

EIN Presswire


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Papua New Guinea plans vast marine sanctuary along Pacific ‘marine highway’

Papua New Guinea plans vast marine sanctuary along Pacific ‘marine highway’

Companies join a deep-sea mining rush after President Donald Trump executive order, as regulators fast-track permits

Companies join a deep-sea mining rush after President Donald Trump executive order, as regulators fast-track permits

From disruption to dispute: how market conditions shape energy arbitrations

From disruption to dispute: how market conditions shape energy arbitrations

Trump’s push for deep-sea mining spawns new companies and fast-tracked rules

Trump’s push for deep-sea mining spawns new companies and fast-tracked rules

Papua New Guinea’s SMEs need to build capability to take full advantage of PNG’s coming project super-cycle

Papua New Guinea’s SMEs need to build capability to take full advantage of PNG’s coming project super-cycle

Korea, Papua New Guinea celebrate 50 years of diplomatic relations, pledge stronger ties

Korea, Papua New Guinea celebrate 50 years of diplomatic relations, pledge stronger ties


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May 20, 2026

High Arctic Overseas Announces engagement as Authorised Distributor for Atlas Copco Power Technique products in Papua New Guinea

GlobeNewswire, Inc.

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May 4, 2026

Island Passage Exploration Files Annual Report Highlighting Significant Technical Progress and Socioeconomic Impacts from the EL02 Project - Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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May 11, 2026

K92 Mining Announces Strong Q1 2026 Financial Results – Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA and Net Cash Position

GlobeNewswire, Inc.

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Apr. 13, 2026

Tropical Cyclone Maila Leaves Eleven Dead in Papua New Guinea

MENAFN

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Apr. 13, 2026

Eleven Dead as Cyclone Maila Batters Papua New Guinea

MENAFN

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Apr. 13, 2026

Cyclone Maila Leaves Eleven Dead in Papua New Guinea

MENAFN

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