Lower petrol prices match falls in commodity prices

Press Release – Automobile Association

Petrol pump prices fell 4 cents per litre during August, but there was no change in diesel prices. Excluding sites discounting pump prices, the cost of petrol at most service stations in the main centres ended the month on $2.18 per litre, with … Read more »

EPA grants marine consent for OMV exploration well

Press Release – Environmental Protection Authority

The Environmental Protection Authority has granted a marine consent to OMV New Zealand Ltd for its Whio-1 exploration well in the Taranaki Basin. Read more »

Marine Oil Spill Exercise at Napier Port

Press Release – Hawke’s Bay Regional Council

Hawkes Bay Regional Council will be undertaking its annual marine oil spill exercise in and beside Napier Port on Monday 1 September 2014. Read more »

Why Gisborne would need a ‘local share’ of royalties

Press Release – Local Government NZ

Every year the Government receives hundreds of millions of dollars in royalty payments for oil, gas, coal and mineral extraction in New Zealand. Read more »

Bridges: Speech to AusIMM Conference

Speech – New Zealand Government

Good morning everyone. Its a pleasure to be here for the 2014 AusIMM New Zealand Annual Conference my second since becoming Energy and Resources Minister. Read more »

Whio-1 drilling operations finalised

Press Release – OMV New Zealand

OMV New Zealand Ltd announces the completion of drilling operations on the Whio-1 exploration well located in PEP 51313 in the Taranaki Basin. Read more »

Standing Guard with the Toroa / Albatross

Press Release – Oil Free Otago

Anyone entering Otago Harbour will be welcomed by a giant Toroa/albatross on the roof of the Quarantine Island chapel. It was painted on Sunday by St Martin Island (Quarantine Is) Community and Oil Free Otago members. Read more »

Another Taranaki well comes up dry

Article – BusinessDesk

Aug. 26 (BusinessDesk) – The string of unsuccessful offshore oil exploration wells continues, with the Whio-1 well to be plugged and abandoned, despite hopes it would find commercial quantities of hydrocarbons because of its proximity to the producing … Read more »

NZ Oil & Gas profit falls 61% as exploration costs surge

Article – BusinessDesk

Aug. 26 (BusinessDesk) – New Zealand Oil & Gas, which has interests in the Tui and Kupe fields, posted a 61 percent drop in annual profit, reflecting a “sharp” increase in exploration costs and some foreign exchange losses on its US dollar holdings. Read more »

ENEX expands New Plymouth expo

Press Release – Conferenz

ENEX – New Zealands biennial Oil & Gas Expo is returning to New Plymouth for the third time in 2015. Now owned solely by Conferenz Ltd, ENEX will bring together over 100 exhibitors to showcase the latest technology and capability that underpins … Read more »

NZ Refining pushing hard to shave $4M off likely annual loss

Article – BusinessDesk

Aug. 25 (BusinessDesk) – A combination of cost cutting, more efficient processing and one-off market factors should limit New Zealand Refining’s expected loss for the year to around $23 million, instead of the $27 million it would otherwise face, … Read more »

High NZ costs challenging cruise lines

Press Release – Cruise New Zealand

New Zealands fuel and port costs are among the highest in the world, according to international cruise line representatives. Even though cruise passengers regularly rate their experience of New Zealand highly, the high costs of operating here are … Read more »

TAG Oil earnings improve on shift to oil over gas

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Onshore Taranaki oil and gas producer TAG Oil has shifted production heavily in favour of oil and away from natural gas between the first quarters of the current and the previous financial years, substantially improving its earnings … Read more »

Shell wins at Deloitte Energy Excellence Awards

Press Release – Deloitte

The Deloitte Energy Excellence Awards were held last night in Auckland to recognise achievement and excellence in the New Zealand energy sector. Over 640 guests attended the spectacular black-tie event at the Langham Hotel. Read more »

Full details of oil execs’ junket revealed

Press Release – Green Party

Full details of a $237,000 taxpayer-funded oil executives junket in 2011 have emerged. National paid the nearly quarter of a million dollars to wine and dine 11 oil executives in New Zealand during the Rugby World Cup. Read more »

Bay of Plenty Regional Council: Resource Consent Numbers

Press Release – Bay of Plenty Regional Council

The Chairman of the Bay of Plenty Regional Council, Douglas Leeder, announced today that the Council had received in excess of 150 submissions from the public on the Application made by the Astrolabe Community Trust to leave the remains of the MV … Read more »

Submissions available on OMV Maari consent application

Press Release – Environmental Protection Authority

This is an update on the application by OMV NZ for a marine consent to complete their development drilling programme in the Maari field in the Taranaki Basin. Read more »

New publication reveals fuel spending impact on development

Press Release – RCG

New Zealanders are driving less, and using less petrol than a decade ago, but the cost has gone from $3.8b to $7.8b a year says commercial property, architecture, design and research company RCG. Read more »

AA says pump prices should be dropping

Press Release – Automobile Association

Media Release: 1 August 2014 PetrolWatch July 2014 AA says pump prices should be dropping Read more »

More oil extravagance from National exposed

Press Release – Green Party

The National Government spent $850,000 to help host a two-day petroleum conference at Sky City last year, it has been revealed. Read more »

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