In the Pacific island of Papua New Guinea, the French energy major is also looking at reducing the capital expenditure of its LNG project by 20% to 25%, Pouyanne said. The second major gas project ...

Critical resource projects, including Papua LNG, P'nyang LNG, Wafi-Golpu, and Frieda River Mines, could face delays or even be halted as investors become wary of the increased financial and ...

TotalEnergies, for example, is looking to cut capital expenditure at its Papua New Guinea project by 20% to 25%, and is expected to take final investment decision this year. Woodside Energy, meanwhile ...

Night - Cloudy. Winds variable at 5 to 7 mph (8 to 11.3 kph). The overnight low will be 75 °F (23.9 °C). Mostly sunny with a high of 91 °F (32.8 °C). Winds variable at 4 to 11 mph (6.4 to 17.7 ...