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NEWS & ANALYSIS

TotalEnergies Unveils $7.5 Billion Savings Plan with Reduced Capex and Focus on Upstream, Low-Carbon Investments Through 2030

New York, September 29, 2025 – TotalEnergies Chairman and CEO Patrick Pouyanné and the Executive Committee outlined the company’s strategic

Tom Palmer, CEO of Newmont Corporation Announces His Retirement

Tom Palmer, CEO of Newmont Corporation, has announced his retirement at the end of 2025 after more than 12 years

Abu Dhabi Consortium Withdraws $19 Billion Bid for Australia’s Santos, Ending Months of High-Stakes Takeover Drama

Abu Dhabi’s ADNOC-led consortium, known as XRG, has formally withdrawn its indicative $19 billion proposal to acquire Santos, one of

National Banking Corporation in PNG Secures K100 Million Capital Infusion, Boosting PNG Ownership Close to 50%

The National Banking Corporation Limited (NBCL) has confirmed a major milestone in its ownership structure, with Papua New Guinea citizens

Digicel CEO Marcelo Cataldo Guides Operator from Debt Crisis to Growth in Caribbean Markets

Hurricane season in the Caribbean typically runs from June to November. In 2024, the storm arrived a month early at

Australia Fails to Secure Military Treaties with PNG and Vanuatu As China Looms Large

For the Albanese led government, this is a massive blow undermining Prime Minister Anthony Albanese’s efforts to strengthen Australia’s regional

Nasfund CEO Rajeev Sharma Recounts the Fund’s Journey of Growth and Resilience

As Papua New Guinea (PNG) commemorates 50 years of independence, the National Superannuation Fund (Nasfund) reflects on an inspiring journey

ANZ Appoints Lachlan Halstead as China Country Head Amid Strategic Pacific Growth and Fintech Innovation

Australia and New Zealand Banking Group (ANZ) has appointed  Lachlan Halstead as the new Country Head for ANZ China Mr.

Fiji Airways Named Top 10 Airline in the World

Fiji Airways has been officially recognized as one of the world’s top 10 airlines. It received the prestigious APEX World

BSP Faces Profit Hit as PNG Government Transfers Accounts to National Banking Corporation

Background and Announcement On September 9, 2025, BSP Financial Group Limited announced that the PNG Government, through the National Executive

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