Papua New Guinea

Recent comments by U.S. President Joe Biden have led to an unexpected diplomatic dialogue with Papua New Guinea, as the Pacific nation’s leader calls for assistance in addressing wartime remnants. What Happened: Papua New Guinea’s Prime Minister James Marape responded to remarks made by...

Charles Hoskinson, founder of Cardano (CRYPTO: ADA), is on a quest to find an otherworldly object that plunged into the sea near Papua New Guinea. He has joined forces with the Galileo Project, an initiative that received a donation of $1.5 million from Hoskinson earlier this year. Guided by...

A new security agreement has been signed between the United States and Papua New Guinea, fueling competition for influence in the Pacific, a region in which China also shows significant interest.  What Happened: On Monday, the U.S. inked a security pact with Papua New Guinea, a strategic move...

Papua New Guineans expressed dismay as U.S. President Joe Biden altered his plans and canceled his scheduled visit to Port Moresby amid crucial debt limit negotiations in Washington.  What Happened: Residents of Papua New Guinea were disheartened by the sudden change in Biden’s...

InterOil Corporation (USA) (NYSE: IOC) may be on the brink of a bidding war following the reported entry of Exxon Mobil Corporation (NYSE: XOM) in the fray. Citing people familiar with the matter, Reuters reported that Exxon Mobil offered to buy InterOil in excess of the $2.2 billion deal from...