Companies with high greenhouse gas emissions should be subject to a carbon price of $75 a tonne of carbon dioxide, the International Monetary Fund has said, as a way of reaching the goals of the Paris climate agreement.Efforts by the US to reduce its reliance on China for rare earths have taken a new turn, with...Read More

The Bank of Papua New Guinea invites Bids for the Tender of K1,180,190,000 Papua New Guinea Government Inscribed Stock (COVID-19 Bond).Read More

PNGX Markets Limited (PNGX) advises that a trading halt has been placed on the securities of BSP Financial Group Limited (PNGX Code: BSP) at the request of the company in accordance to Listing Rule 17.1 pending it releasing an announcement. Unless PNGX decides otherwise, the trading halt will remain in place until the earlier of...Read More

Efforts by the US to reduce its reliance on China for rare earths have taken a new turn, with the Department of Defense now bankrolling a rare earths refinery in Texas, to be built by Australia’s Lynas Rare Earths. We look into this new example of state-level investment in rare earths projects, and what it...Read More

The natural gas sector has not had a good week after Shell was ordered by a court in the Hague to slash its carbon emissions by 45 per cent before the end of 2030. Shell has substantial liquefied natural gas assets in Australia and there is every reason to believe that its local operations will...Read More

Strong Asian LNG demand for summer and tight supply amid maintenance and outages at multiple terminals have helped the market absorb the spot LNG cargoes rejected by India due to its COVID-19 related lockdowns, according to traders and market participants.Read More

The world's seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets.Read More

According to the United Nations more than 50 million tonnes of electronic waste was discarded in 2019Read More

Bank of Papua New Guinea have announced the details for their upcoming Treasury Bond Auction for the 18 May, 2021.Read More

Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the same time, some of the majors increased their energy transition commitments: as my Bloomberg Intelligence colleagues Salih Yilmaz and Will Hares noted on Twitter, Spanish firm Repsol SA devoted 40% of its capital...Read More