Investors press NZOG to resume dividends

Article – BusinessDesk

July 29 (BusinessDesk) – Investors in New Zealand Oil & Gas are pressing the company to resume paying dividends now that it is profitable again and generating imputation credits. Read more »

Oil and Gas Potential Game Changer for New Zealand

Press Release – PEPANZ

Petroleum Exploration and Production Association of New Zealand (PEPANZ) Chief Executive Cameron Madgwick told Dunedin business representatives today that a significant oil or gas discovery could be a game changer for the New Zealand economy. Read more »

Caltex’s AA smartfuel deal to cost Z Energy $5 million

Article – BusinessDesk

July 25 (BusinessDesk) – Z Energy, which is completing the integration of the Caltex fuel stations and Challenge! brand, has warned investors that it expects earnings to be $5 million lower due to Caltex’s deal with AA Smartfuel. Read more »

Judgment: Mobil Oil v Development Auckland

Press Release – NZ Supreme Court

Mobil Oil New Zealand Limited v Development Auckland Limited (Formerly Auckland Waterfront Development Agency Limited) Read more »

Landfarming – Toxic waste disposal or recycling of rocks?

Press Release – Climate Justice Taranaki

Petroleum Exploration and Production Association of New Zealand (PEPANZ) Chief Executive Cameron Madgwick said, landfarming is nothing more than taking the ground-up rocks, mud and minerals left over from drilling activities and recycling them by placing … Read more »

Kiwis driving across town for cheaper fuel

Press Release – Canstar Blue

Close to a third of New Zealanders will drive to get cheaper petrol than go to the closest station Read more »

Fonterra the first of six companies taking Z’s new biodiesel

Article – BusinessDesk

July 1 (BusinessDesk) – Fonterra Cooperative Group is one of six cornerstone customers switching to Z Energys new biodiesel produced from meat industry tallow. Read more »

Petroleum Conference 2017 to be held in New Plymouth

Press Release – PEPANZ

Petroleum Exploration and Production Association of New Zealand (PEPANZ) Chief Executive Cameron Madgwick says the hosting of the New Zealand Petroleum Conference in New Plymouth next year is a vote of confidence in both the region and the industry. Read more »

Fish and Game advises a voluntary closure of Lake Pupuke

Press Release – Fish and Game New Zealand

Fish and Game advises a voluntary closure of Lake Pupuke due to a diesel spill Read more »

BP Invests to Support Otago Growth

Press Release – British Petroleum

BP strengthened long-term fuel supply security for Otago with the official launch of two new storage tanks at its Dunedin terminal yesterday. Read more »

Further evidence Kiwis being rorted over petrol prices

Press Release – New Zealand Labour Party

Motorists who suspected they are being rorted by petrol companies need look no further than BPs record profits announced today , says Labours Consumer Affairs spokesperson David Shearer. Read more »

BP New Zealand more than triples annual profit

Article – BusinessDesk

BP New Zealand more than triples annual profit as petrol chains widen margins on cheap oil Read more »

Fight to stop proposal to allow “risky” oil and gas testing

Press Release – Taranaki Energy Watch

Fight to stop proposal to allow risky oil and gas testing close to schools and homes Read more »

ExxonMobil NZ reports narrower loss in 2015

Article – BusinessDesk

June 1 (BusinessDesk) – The New Zealand division of ExxonMobil, the world’s largest publicly traded international oil and gas company, narrowed its 2015 loss even as revenue dropped 15 percent and the company spent more on refinery fees. Read more »

Sliding oil import prices, export prices steady

Press Release – Statistics New Zealand

Prices for goods imports fell 4.3 percent in the March 2016 quarter, mainly influenced by oil products, which fell 24 percent. Import prices excluding oil products fell 1.4 percent. Read more »

Z is about to share $1m among groups doing Good in the Hood

Press Release – Z Energy

The voting phase of Zs Good in the Hood programme is over and 852 community groups are about to share in $1 million relative to how hundreds of thousands of New Zealanders voted. The groups doing good in neighbourhoods across the country were selected from … Read more »

Z confident in $30mn savings from Chevron acquisition

Article – BusinessDesk

May 25 (BusinessDesk) – Z Energy is confident of the savings it can make from the $785 million acquisition of Chevron New Zealand’s Caltex and Challenge! petrol station chains, which it predicts will be up to $30 million. Read more »

Chevron NZ injects $14.3 mln

Article – BusinessDesk

Chevron NZ injects $14.3 mln to fully-fund wind-up of Caltex pension scheme Read more »

Fuel prices keep producer prices down

Press Release – Statistics New Zealand

Producer prices fell in the March 2016 quarter, mainly influenced by fuel prices. Output prices fell 0.2 percent, and input prices fell 1.0 percent. Read more »

Fears Oil Spill Lessons Won’t Be Passed to Other Ports

Press Release – New Zealand First Party

New Zealand First is worried valuable lessons from the Mobil oil spill in Tauranga will not lead to improvements around the country. Read more »

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