One of the Government’s key commitments is to leave no child behind. The State’s national petroleum and energy company, Kumul Petroleum Holdings Limited supports this initiative by hosting its annual charity golf for five licensed out of home care centres in the country. Through its Charity Golf Challenge, Kumul Petroleum has provided more than K500,000…
Kumul Petroleum Holdings Limited (KPHL) has outlined how it will fund the State’s 22.5% equity participation in the Papua LNG Project under the US$1.1 billion (about K4.4 billion) funding plan approved by the National Executive Council (NEC Decision No. 235/2026 ). The plan combines domestic bank borrowing with cash flow from KPHL’s existing interest in…
Kumul Petroleum Holdings Limited (KPHL) today presented an interim dividend of K400 million to the Government, bringing the total contribution for 2026 to over K1 billion. The K400 million payment follows an advance dividend payment of K150 million made in December 2025, bringing KPHL’s total dividend contribution to the State for 2026 to K550 million.…
Port Moresby, 9th September 2026 – The Kumul Petroleum Holdings Limited (KPHL) Board has commenced a comprehensive review and reset of the Kumul Tower Project after a site inspection by KPHL Board Chairman, Ambassador Isaac B. Lupari CBE, GCL and Acting Managing Director Mr. Luke Liria. The recent visit confirmed that significant excavation, ground stabilisation,…