Oil Search Ltd (OSH.AX)
23 Aug 2019
MELBOURNE Oil Search warned on Tuesday that costs for a $13 billion plan to double gas exports from Papua New Guinea could rise if talks on a gas agreement between the government and Total SA drag on beyond next week.
* Total, PNG govt aim to reach deal next week - Oil Search MD
MELBOURNE, Aug 20 Australia's Oil Search Ltd said on Tuesday that current weak spot liquefied natural gas (LNG) prices would have no impact on any arbitration over a long-term contract between Japan's Osaka Gas and the Papua New Guinea PNG LNG project, operated by Exxon Mobil Corp.
Aug 20 - Australia's Oil Search on Tuesday said its half-year profit more than doubled, boosted by robust output at its key Papua New Guinea liquefied natural gas (LNG) project.
Aug 5 Australia's Oil Search said on Monday it was encouraged by a signal from Papua New Guinea's new government that it would back a major gas agreement, even though the government still wanted to renegotiate some terms.
MELBOURNE/SYDNEY Papua New Guinea's new prime minister used Oil Search Ltd's 90th birthday to press the country's biggest company and its oil major partners to pay more tax to the impoverished Pacific island nation.
* Second-quarter revenue misses forecasts (Adds Oil Search comment)
July 12 Australian shares ended lower on Friday, with China-reliant mining stocks leading the fall on renewed worries that tensions between the United States and China could deepen.
July 12 Australian shares gave up ground on Friday, with China-sensitive mining stocks leading the losses after trade tensions between the world's two largest economies escalated overnight.
SYDNEY The head of UBS in Australia and New Zealand, Matthew Grounds, is leaving the Swiss bank at the end of the year, a spokeswoman confirmed on Tuesday, possibly ending one of the most storied careers in Australian investment banking.