Vector first-half profit falls 17% on regulatory impost, mar

Article – BusinessDesk

Feb. 20 (BusinessDesk) – Vector, the Auckland gas and electricity distribution company, posted a 17 percent drop in first-half profit as a gain in sales was offset by regulated price reductions, mark-to-market losses on derivatives and increased borrowing costs. Read more »

Government bending backwards for oil corporations

Press Release – Climate Justice Taranaki

Media Release: Government bending backwards for oil corporations From: Climate Justice Taranaki Date: 18 February 2015 for immediate release Read more »

Tui writedown turns NZOG to a first-half loss

Article – BusinessDesk

Feb. 18 (BusinessDesk) – New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 million write down on its Tui oil field. Read more »

EEZ Bill needed to give certainty to gas supply

Press Release – New Zealand Government

Hon Dr Nick Smith Minister for the Environment 17 February 2015 Media Statement EEZ Bill needed to give certainty to gas supply Read more »

EEZ Act fix must not weaken environmental protections

Press Release – Green Party

The Government must ensure the public that changes to the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012 will not weaken environmental protections and make it easier for mining applications to be approved, the Green … Read more »

Be Careful with Cricket World Cup Flags

Press Release – Vector Limited

Vector is reminding cricket fans to be careful with hanging Cricket World Cup flags and bunting. Read more »

Cue board rejects NZOG takeover offer

Article – BusinessDesk

Feb. 13 (BusinessDesk) – Directors of ASX-listed Cue Energy Resources have advised shareholders to reject the 10 Australian cents per share takeover mounted by New Zealand Oil & Gas, saying it “substantially undervalues” the company … Read more »

NZOG seeks 30% of Cue Energy via full takeover bid

Article – BusinessDesk

Feb. 12 (BusinessDesk) – New Zealand Oil & Gas is fulfilling industry analysts’ predictions that falling oil prices would prompt mergers and acquisitions among smaller local oil and gas players by mounting a full takeover bid for Cue Energy. Read more »

Vector News – Cricket World Cup is almost here

Press Release – Vector

Cricket fans from around the world are rushing to get their tickets with just six days before the start of the ICCs flagship tournament. Read more »

Hikoi Opposing Deep Sea Oil Endorsed by Hapū Leaders

Press Release – Statoil Out

Today northern Maori environmental activists released details of a hikoi that will converge in Kawakawa before heading to Waitangi to co-incide with Government politicians arrival on Waitangi Day. The focus of the hikoi is in opposition to Statoils seismic … Read more »

Socially Responsible Investment Funds remove fossil fuel

Press Release – Grosvenor Financial Services Group

Wellington, 30 January 2015 New Zealand-owned financial services provider Grosvenor Financial Services Group announced today that it has removed exposure to all directly-held fossil fuel-related companies within the two Socially Responsible Investment (SRI) … Read more »

NZ Oil & Gas to return $63.2M of excess cash

Article – BusinessDesk

Jan. 29 (BusinessDesk) – New Zealand Oil & Gas, the listed energy explorer, will return $63.2 million of excess cash to shareholders after gaining final High Court orders allowing it to proceed with the plan. Read more »

Positive indications in Kupe testing

Press Release – NZ Oil And Gas

Preliminary results of testing at the Kupe gas and oil field, offshore Taranaki, New Zealand, demonstrated improved well productivity and access to previously untapped gas reserves. Read more »

Warts and all expose of Taranaki’s oil and gas

Press Release – Joint Press Release

Taranakis relationship with oil and gas will be examined at an Environmental and Conservation Organisations of Aotearoa New Zealand (ECO) gathering this weekend. Read more »

Vector Network News: Happy 175th Auckland

Press Release – Vector Limited

As thousands throng the waterfront to celebrate Aucklands anniversary, its timely to take a look back at the introduction of electricity supply to Auckland homes and businesses – beginning at the dawn of the 1900s. Read more »

Submission period opens on STOS marine consent application

Press Release – Environmental Protection Authority

The Environmental Protection Authority (EPA) has today opened the submission period on a marine consent application by Shell Todd Oil Services (STOS) to continue its offshore activities in the Mui natural gas field. Read more »

Contact signs deal with Maui that could see it use less gas

Article – BusinessDesk

Jan. 22 (BusinessDesk) – Contact Energy, one of New Zealands largest electricity generators and retailers, has signed a new deal with Maui Development Ltd to purchase between 22 and 26 petajoules of gas over a two-to-three-year period that significantly … Read more »

MightyRiverPower to keep energy price on hold

Article – BusinessDesk

Jan. 22 (BusinessDesk) – MightyRiverPower, the first of the state-owned power companies to be partially privatised in 2013, will keep the price it charges for electricity on hold for a third year in a row, but again will pass on any movements in the transmission … Read more »

Natural Gas, Power and Coal Market Recap WE 1/4/15

Press Release – PIRA Energy Group

NYC-based PIRA Energy Group believes that big decisions to emerge and change course of LNG supply in 2015. In the U.S., last weeks weekly storage update from the EIA revealed a further contraction in withdrawals. In Europe, the downward price … Read more »

Boxing Day Demo: Norway’s Statoil unwelcome in Northland

Press Release – StopStatOil Whangarei

#StopStatOil@Whangarei, a newly formed protest group, is hitting the main highway north on Boxing Day, as major traffic flows head towards holiday destinations, and local traffic moves towards shopping sales Read more »

« Previous PageNext Page »