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,…
Amended Shareholders Agreement aligns key decisions with the combined 52.94% majority interest held by KPHL and MRDC in Lakatoi Marketing Pte Ltd. Port Moresby, 7th September 2026 – Kumul Petroleum Holdings Limited (KPHL) has successfully concluded and executed the amended Shareholders Agreement with TotalEnergies that governs the joint marketing of equity LNG and gas volumes…
Kumul Petroleum Holdings Limited (KPHL) recently convened a strategic alignment workshop at the Grand Papua Hotel to strengthen internal coordination and reinforce the company’s governance, transparency and accountability agenda. The workshop brought together the KPHL Board of Directors, senior executives, middle-level technical and professional managers and coincided with the formal transition of Board leadership from…