The PNG government said ExxonMobil would offload a 12 per cent stake in the venture “at fair market price” to PNG parties, the bulk of which will go to Western Province and landowners.

SYDNEY – The first shipment of liquefied natural gas from a landmark $19-billion project in Papua New Guinea has left for Japan, US oil giant ExxonMobil said Monday. The project is the largest ...

The NRL’s landmark $600 million deal with the Australian government for a Papua New Guinea team to join the competition could reportedly be blown up at any time over China.