Pan Pacific independent directors reject Zeta offer

Article – BusinessDesk

April 24 (BusinessDesk) – Pan Pacific Petroleum’s independent directors have urged shareholders to reject a takeover offer from Zeta Resources, saying the proposal under-values the company and doesn’t include a sufficient premium for control. Read more »

China Steel Corp green-lights first LanzaTech scale-up

Article – BusinessDesk

April 23 (BusinessDesk) – China Steel Corporation, Taiwans largest integrated steelmaker, has given formal approval for a US$46 million investment in a commercial scale ethanol facility developed by New Zealand-founded LanzaTech. Read more »

NZ petrol prices rise and fall faster these days, says NZIER

Article – BusinessDesk

April 21 (BusinessDesk) – Rising global prices for crude oil and a 4 cents per litre increase in petrol prices this week saw Z Energy release updated research today from the New Zealand Institute of Economic Research showing petrol prices react to international … Read more »

National must lead by example on climate change

Press Release – New Zealand Labour Party

The National Government must meet its own climate change obligations before it preaches to the rest of the world, Labour’s Climate Change spokesperson Megan Woods says. Read more »

Getting to know the Gisborne gas seeps

Press Release – NIWA

A team of NIWA scientist heads offshore near Gisborne next week [April 23-May 1] to investigate a group of seabed gas flares erupting from near a glacier of frozen methane discovered last year. Read more »

Consumers happier with petrol station rivalry as prices fall

Article – BusinessDesk

April 14 (BusinessDesk) – Petrol stations have taken a big jump up in consumers’ esteem in the past year, with 68 percent of those polled in a survey undertaken in January saying they believe petrol station prices are competitive, up from 56 percent … Read more »

NZ Oil & Gas gets 3 directors on expanded Cue Energy board

Article – BusinessDesk

April 14 (BusinessDesk) – New Zealand Oil & Gas has gained three directors on an expanded board at Cue Energy Resources after securing 48 percent of the ASX-listed energy company. Read more »

NZ Oil & Gas awaits word of Cue board positions

Article – BusinessDesk

April 13 (BusinessDesk) – New Zealand Oil & Gas is awaiting word from Cue Energy Resources on board representation, after securing 48 percent of the energy company it says may be encouraged to delist from the ASX. Read more »

Zeta Resources makes bid for Pan Pacific Petroleum

Article – BusinessDesk

April 10 (BusinessDesk) – Zeta Resources, the ASX-listed investment group advised by Duncan Saville’s ICM unit, has made a full takeover bid for Pan Pacific Petroleum, valuing the target company at A$29.4 million. Read more »

New Zealand’s Greenhouse Gas Inventory 1990–2013

Press Release – Ministry for the Environment

New Zealands Greenhouse Gas Inventory is the official annual report of all anthropogenic (human induced) emissions and removals of greenhouse gases in New Zealand. The inventory measures New Zealands progress against obligations under the United Nations Framework … Read more »

ASX launches emsTradepoint-linked New Zealand Gas Futures

Press Release – Transpower

The Australian Securities Exchange (ASX) and Transpowers emsTradepoint announced the launch today of ASX New Zealand gas futures. Read more »

NZ puts seven new oil and gas areas put up for tender

Article – BusinessDesk

March 30 (BusinessDesk) – A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. Read more »

Hon Simon Bridges: Block Offer 2015 release

Speech – New Zealand Government

Good morning, It is great to be with you today and can I warmly welcome our international guests. May you have a wonderful time in New Zealand. Read more »

Oil and Gas Block Offer 2015 announced

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges has launched Block Offer 2015, the annual tender for oil and gas exploration permits. Read more »

Vector Network News

Press Release – Vector Limited

We were in close contact with emergency services when vegetation fires threatened power lines in South Auckland during the week. Our crews attended both of these incidents, in Flat Bush and Papakura. No damage was caused to any Vector assets. Read more »

Auckland City Shaken By Thousands Of Protest Drummers

Press Release – Greenpeace New Zealand

Auckland, 29 March, 2015: Thousands of people from around the country brought drums along to a protest march in order to bang home a message to visiting oil executives that deep sea oil drilling is not acceptable in New Zealand. Read more »

Dutch consortium taps into New Zealand seismic expertise

Press Release – Aurecon

Dutch consortium taps into New Zealand seismic expertise in Wellington gas extraction causing earthquakes in Holland Read more »

MRP will close Southdown station at the end of 2015

Article – BusinessDesk

March 24 (BusinessDesk) – MightyRiverPower, whose first half earnings slumped as it wrote down the value of assets and exited its international geothermal interests, said its gas-fired Southdown power station will close at the end of the year in response … Read more »

NZOG closes in on 50% of Cue Energy

Article – BusinessDesk

March 23 (BusinessDesk) – New Zealand Oil & Gas has lifted its stake in Melbourne-based Cue Energy Resources to 41.55 percent amid signs it has picked up the 12 percent of Cue owned by Zeta Resources, a vehicle associated with NZOG director Duncan Saville. Read more »

Ready for the Semi Final

Press Release – Vector Limited

The successful delivery of a reliable, uninterrupted flow of electricity during the Cricket World Cup has been a focus for Vector. For Auckland, it all comes to a head on Tuesday with New Zealand up against South Africa in the first semi final … Read more »

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