Swift Opens Branch In New Zealand

Press Release – Swift Worldwide Resources

Swift Worldwide Resources ( http://www.swiftworldwideresources.com/ ), the premier supplier of manpower resources to the oil and gas industry, has opened an office in New Plymouth, the major city in the Taranaki Region of New Zealand. This new office … Read more »

Mighty River Power: Quarterly Operational Update

Press Release – Mighty River Power

Mighty River Powers average energy price for sales to customers in the quarter to 30 June 2014 was down 4% on the prior comparable period (pcp), reflecting the highly competitive retail electricity market. Read more »

Regulator’s draft view trims returns for network monopolies

Article – BusinessDesk

Regulator’s draft view on monopoly networks would be $33M a year win for consumers Read more »

Draft decision on WACC for gas and electricity services

Press Release – Commerce Commission

Commission releases draft decision on the WACC used for regulation of electricity lines and gas pipeline services Read more »

LanzaTech FY loss widens to $40.5M as biotech firm scales up

Article – BusinessDesk

July 15 (BusinessDesk) – LanzaTech New Zealand, which counts US billionaire clean-tech investor Vinod Khosla as its biggest shareholder, posted a wider full-year loss as the company scales up technology that uses microbes to convert industrial waste gases … Read more »

Forest & Bird welcomes aspects of new Internet Party policy

Press Release – Forest And Bird

Forest & Bird welcomes several aspects of the Internet Partys new environment manifesto. Its policies cover fracking, deep sea oil drilling, and freshwater management – amongst others. Read more »

Vector Network Summary for week ending 13 July 2014

Press Release – Vector

We received two reports from emergency services of house/building fires during the week, but one of these reports was a false alarm. Emergency services requested our control room isolate power to a building fire in Mangere during the week. Read more »

The Nation 12,13 July: Poverty, Offshore Drilling, Regions

Press Release – The Nation

Then as it tries to balance environmental concerns with jobs, Labour energy spokesperson David Shearer reveals his partys new policy on offshore drilling. Read more »

Hastings Council takes stake in gas to energy plant

Press Release – Hastings District Council

Hastings District Council has signed an agreement which will see it take a 40% stake in a Gas to Energy project. The Gas to Energy project which is under construction at the Omarunui Landfill near Hastings is a collaboration between Napier City and … Read more »

Surge in Mosman price increases Aorere NTA/share to 2.25c

Press Release – Aorere Resources

Aorere Resources Limited holds approximately 13.1% of this AIM listed company, and will hold 12.3% after the recently announced Trident acquisition is completed. Our Mosman shareholding now has a present market value of NZD 8.2 million, based on the … Read more »

Kapiti’s bright and clean energy future could be fouled fore

Press Release – Frack Free Kapiti

The company responsible for spilling oil on Kapiti beaches in 2010 has applied to drill a further seven wells in the same area. The Environmental Protection Authority is calling for public submissions on OMVs application and Frack free Kapiti has … Read more »

Record gas use signals boost for Refinery

Press Release – Refining NZ

A record-breaking consumption of natural gas at the Marsden Point refinery is driving product yields and lifting refining margins. Read more »

Northland Whales and Dolphins at Risk From Statoil

Press Release – Liz Slooten

Today marine mammal expert Dr Liz Slooten of Otago University expressed concerns over dangers to whales and dolphins from sonar and seismic exploration for deep sea oil in Statoils permit zone off Northland. Read more »

NZOG takes $5 mln uplift for historical royalties

Article – BusinessDesk

July 1 (BusinessDesk) – New Zealand Oil & Gas has completed protracted negotiations over historic royalties owed by Genesis Energy on its share of the Kupe oil and gas field’s production, giving the company a one-off $5 million after tax lift to earnings … Read more »

Submissions open on OMV marine consent application

Press Release – Environmental Protection Authority

The Environmental Protection Authority has opened the submission period on a marine consent application by OMV New Zealand Ltd to complete its existing programme of development drilling in the South Taranaki Bight. Read more »

Agreement reached on Kupe overriding royalty

Press Release – NZ Oil And Gas

Agreement has been reached between New Zealand Oil & Gas and Genesis Energy over the payment of overriding royalties from the Kupe oil and gas field. Read more »

Electricity and gas complaints scheme helps set standard

Press Release – Electricity and Gas Complaints Commission

The Office of the Electricity and Gas Complaints Commissioner (EGCC) took more than 2,000 complaints last year. Billing was an issue in 43% of complaints, with customer service, disconnection, and meters the next most common issues . The results are … Read more »

BOC says second CO2 source to meet growing demand

Article – BusinessDesk

June 27 (BusinessDesk) – BOC, the New Zealand unit of the world’s largest industrial gas company, says a deal with NZ Refining gives it a second source of carbon dioxide (CO2) it can process to meet growing demand from the dairy, food processing and beverage … Read more »

Contact extends Fonterra electricity supply at Te Rapa

Article – BusinessDesk

June 25 (BusinessDesk) – Contact Energy, the NZX-listed energy retailer and generator, has secured a six-year contract with Genesis Energy to buy its gas while extending its steam and electricity supply contract with Fonterra Cooperative Group at its … Read more »

Appeal Court dismisses Sturgess claim over Greymouth

Article – BusinessDesk

June 24 (BusinessDesk) – The Court of Appeal has turned down an attempt by Greymouth Petroleum minority shareholder John Sturgess to overthrow a High Court ruling on the sale of his shares. Read more »

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