OPERATIONS

Brokers back InterOil

THE company aiming to develop Papua New Guinea's second LNG project, in a new joint venture with Oil Search and Total, is finally getting some love from brokers after almost a decade of false starts.

On Monday US investment bank Goldman Sachs upgraded its view on the New York-listed InterOil from a neutral rating to a buy rating while equities research analysts at Macquarie increased their view from...

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