Thursday, 5 November 2026 · Port Moresby
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State-owned enterprises

CEO Series · 2 Nov 2026

Paul Bayly Quits PNG Power After 18 Months, K1.3 Billion Debt Unresolved

PNG Power CEO Paul Bayly quit after 18 months without giving a reason, leaving debts above K1.2 billion, a K180 million court order and a 2027…

Economics · 2 Nov 2026

Marape Says Kumul Petroleum Has US$180m Ready for Papua LNG Stake

Cabinet backs KPHL funding the State’s 22.5% Papua LNG share from PNG LNG cash, savings and local lenders as K550m in dividends reaches Treasury.