Report shows importance of oil and gas to the marine economy

Press Release – PEPANZ

Petroleum Exploration and Production Association (PEPANZ) Chief Executive Cameron Madgwick today welcomed the release of a Statistics New Zealand report showing the importance of the oil and gas sector to New Zealands marine economy. Read more »

NZ Oil & Gas make leadership announcement ‘in coming days’

Article – BusinessDesk

Oct. 27 (BusinessDesk) – New Zealand Oil & Gas, the Wellington-based explorer and producer, is likely to make an announcement soon over its senior leadership, chairman Rodger Finlay told shareholders at today’s annual meeting in the capital. Read more »

Deadline looming for power plant decision

Press Release – Green Party

Deadline looming for power plant decision Time is running out for the Government to decide whether people will get a say on Nova Energys proposal to build a large gas-fired power plant in south Waikato with significant impacts on the environment … Read more »

Bridges to attend global energy summit

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges leaves for Singapore today to attend International Energy Week. The global event brings together 28,000 representatives of the energy industry, Governments and non-government organisations from across … Read more »

Electricity from renewables exceeds 80 per cent

Press Release – Ministry of Business Innovation and Employment

New Zealands share of electricity generated from renewables grew to 83.4 per cent in the June quarter 2016, the latest energy data released by the Ministry of Business, Innovation and Employment (MBIE) shows. Read more »

Genesis Energy forecasts lower annual earnings

Article – BusinessDesk

Oct. 19 (BusinessDesk) – Genesis Energy,New Zealand’s largest electricity retailer, saidlower oil prices, increased carbon costs and its “below market”contract with the struggling Tiwai Point aluminium smelter will weigh on earnings this year. Read more »

Invitation: Liquid biofuels Research Symposium 10 November

Press Release – Bioenergy Association

The Bioenergy Association and Advanced Biofuels Research Network (ABRN) have combined to host a symposium including international and local speakers providing an update on the latest research and market activities for liquid biofuels. Read more »

Writing on the wall for oil and gas industry

Press Release – Climate Justice Taranaki

As protests against pipelines, rigs, seismic surveying and climate change spread across the world with bans, moratoriums and stricter regulations being put in place, oil and gas companies are pulling out of their permits. This week Norwegian company … Read more »

Greenpeace summer of action as Statoil signals retreat

Press Release – Greenpeace New Zealand

Friday, October 14: In the wake of Norwegian oil giant Statoils sudden exit from Northland, Greenpeace NZ is calling for a summer of action to drive Statoil and other oil companies out of the country for good. Read more »

Statoil ends search for energy in Reinga Basin

Press Release – Statoil

Norwegian-based oil company Statoil has informed the New Zealand Government of its decision to stop looking for oil and gas in the Reinga Basin. Read more »

NZOG gets permit extension to Barque prospect

Article – BusinessDesk

Oct. 14 (BusinessDesk) – New Zealand Oil & Gas has been granted an extension to its Clipper exploration permit for the Barque prospect in the Canterbury Basin, which it says could be bigger than Taranaki’s Maui. Read more »

Statoil decision shows Govt should give up on oil and gas

Press Release – Green Party

The wheels are falling off the Governments oil and gas strategy, with news that Norwegian oil company Statoil has given up on exploring for oil in the Reinga Basin off the Northland coast. Statoils decision follows Brazilian company Petrobras, … Read more »

Norway’s Statoil quits Reinga Basin

Article – BusinessDesk

Oct. 14 (BusinessDesk) – Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland’s Reinga Basin, saying the probably of a find was “too low”. Read more »

PEPANZ Congratulates Successful Local Body Candidates

Press Release – PEPANZ

Petroleum Exploration and Production Association of New Zealand (PEPANZ) Chief Executive Cameron Madgwick today congratulated all the successful candidates elected to serve their communities following the announcement of local body election results over … Read more »

Another renewable energy record broken

Press Release – New Zealand Government

The proportion of renewable energy used in New Zealand continues to reach record levels, Energy and Resources Minister Simon Bridges says. The finding was released today in the annual Energy in New Zealand report, which highlights key trends in … Read more »

Noisy action to highlight Todd’s climate crimes

Press Release – Oil Free Wellington

Community group Oil Free Wellington will be making noise at Todd Corporations Wellington headquarters today to protest the companys ongoing oil and gas exploration, including fracking. Read more »

Oil and gas Block Offer 2017 consultation begins

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2017 process for awarding oil and gas exploration permits. Read more »

NZOG to offer 40M share buyback

Article – BusinessDesk

Aug. 30 (BusinessDesk) – New Zealand Oil & Gas is to make a tender offer to shareholders to accelerate the buy back of up to 40 million shares, the company announced. Read more »

Energy retail contracts reviewed for unfair terms

Press Release – Commerce Commission

As part of an ongoing review of standard form consumer contracts, the Commerce Commission has released a report detailing its findings in the energy retail sector. Read more »

NZO Annual Result

Press Release – NZ Oil And Gas

Loss for the year is $51.8m, including $41.8m from Cue Energy Resources Net cash from operating and investing activities of $21.1 million (up from $6.7 million) Dividend of 4 cents per share, fully imputed. Read more »

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