Almost a month after a deadly earthquake, Papua New Guinea is struggling to get aid to desperate survivors, having allocated just a fraction of its relief funds, while a rent dispute left disaster officials briefly locked out of their offices. …
Papua New Guinea faces a long road to recovery after the powerful earthquake that hit the nation’s rugged highlands more than 10 days ago, with the death toll now believed to have climbed to more than 100, its leader said. …
ExxonMobil Corp. said on Monday it would take about eight weeks to restore production at the Papua New Guinea liquefied natural gas project (LNG), following a powerful earthquake that hit the country’s energy-rich interior a week ago. The 7.5 magnitude …
Exxon Mobil Corp. built a runway to land some of the world’s biggest planes as part of its endeavor to tap gas riches in one of the most remote spots on Earth. But an earthquake Monday in Papua New Guinea …
The death toll from the strongest earthquake to strike Papua New Guinea’s rugged interior in almost a century has climbed to 31 and would probably rise further, officials said on Thursday, as damage to roads, runways and phone lines slowed …
Exxon Mobil Corp.’s $19 billion liquefied natural gas export project in Papua New Guinea may remain shut for six weeks after an earthquake rocked the country’s remote highlands, which are home to the venture’s upstream gas supplies, according to UBS …
Whole villages were flattened and water sources spoiled by a powerful earthquake that killed at least 20 people, residents said on Wednesday as rescuers struggled to reach the hardest-hit areas in Papua New Guinea’s remote, mountainous highlands. The magnitude 7.5 …
Up to 14 people were killed in landslides and by collapsed buildings during a powerful earthquake in the remote Papua New Guinea highlands, police and a hospital worker said on Tuesday, with unconfirmed reports of up to 30 dead. The …
Exxon Mobil Corp. has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after an earthquake struck the Pacific nation. The U.S. oil giant closed the facilities to assess damage from a …
Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in structuring the largest-ever catastrophe bond covering earthquake, which provides the organization with US$1.36 billion of capital markets’ protection. The bond …
