The death toll from the strongest earthquake to strike Papua New Guinea’s rugged interior in almost a century has climbed to 31 and would probably rise further, officials said on Thursday, as damage to roads, runways and phone lines slowed …
Exxon Mobil Corp.’s $19 billion liquefied natural gas export project in Papua New Guinea may remain shut for six weeks after an earthquake rocked the country’s remote highlands, which are home to the venture’s upstream gas supplies, according to UBS …
Whole villages were flattened and water sources spoiled by a powerful earthquake that killed at least 20 people, residents said on Wednesday as rescuers struggled to reach the hardest-hit areas in Papua New Guinea’s remote, mountainous highlands. The magnitude 7.5 …
Up to 14 people were killed in landslides and by collapsed buildings during a powerful earthquake in the remote Papua New Guinea highlands, police and a hospital worker said on Tuesday, with unconfirmed reports of up to 30 dead. The …
Exxon Mobil Corp. has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after an earthquake struck the Pacific nation. The U.S. oil giant closed the facilities to assess damage from a …
Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in structuring the largest-ever catastrophe bond covering earthquake, which provides the organization with US$1.36 billion of capital markets’ protection. The bond …
Hundreds of rescuers are searching for people still missing after a magnitude-6.0 earthquake struck the east coast of Taiwan late Tuesday, killing at least six people and injuring more than 200 others. The Central Emergency Operation Center said 76 people …
Office workers fled high-rise buildings in the Indonesian capital on Tuesday after a strong earthquake shook the city, causing some injuries and damage to at least 130 buildings elsewhere on the densely populated island of Java. The relatively shallow quake …
Typhoon Damrey made landfall in Vietnam during November as a Category 2 strength storm, bringing estimated economic damages of VND22.1 trillion (US$1.0 billion) – a rare billion-dollar event for the country, according to Impact Forecasting, Aon Benfield’s catastrophe model development …
Six years after Britain’s first fracking operation was stymied by earth tremors, its shale gas industry is poised to try again with a technology that could transform the UK gas market and drastically reduce its reliance on imports. While environmental …
