IG – Morning Thoughts And Opening Prices 31 December 2014

Press Release – IG Markets

Global markets are set to finish the year with a bit of downside on the back of resurfacing Greece concerns. Some analysts feel another Greek political debacle will make it harder for ECB President Mario Draghi to pursue his grand plan of sovereign bond … Read more »

Weekly Oil Market Recap for Week Ending December 28th, 2014

Press Release – PIRA Energy Group

PIRA Energy Group’s Weekly Oil Market Recap for the Week Ending December 28th, 2014 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 »

NZ Refining signs platinum sale and lease back deal

Article – BusinessDesk

Dec. 23 (BusinessDesk) – New Zealand Refining, which operates the Marsden Point refinery, has entered into a sale and lease back agreement for industrial platinum with Bank of Nova Scotia which it anticipates will cut annual costs by about $500,000. Read more »

Oil spill response at Marsden Point

Press Release – The New Zealand Refining Company

Oil spill response at Marsden Point Oil that had spilled into Whangarei Harbour yesterday afternoon from the crude oil tanker HS Alcina has been confirmed as coming from her bunker (fuel) tanks. The spill was discovered at approximately 4pm yesterday and … Read more »

NZ Oil & Gas buys 19.99% of Cue Energy from Todd for A$14M

Article – BusinessDesk

NZ Oil & Gas buys 19.99% of Cue Energy from Todd for A$13.96 mln Read more »

Bunker oil recovered after small leak from tanker

Press Release – Northland Regional Council

Authorities were today sweeping beaches in the Whangarei Harbour for residual traces of oil after successfully containing and recovering the bulk of a small leak linked to an overseas tanker at the Marsden Pt oil refinery. Read more »

Updates on oil slick at Marsden Point

Press Release – Refining NZ

Further updates will be issued to the Refining NZ Facebook page as and when new details comes to hand. Read more »

Renewable electricity generation continues to rise

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment (MBIE) today published the September quarter 2014 edition of the New Zealand Energy Quarterly. Read more »

Final Report on Grounding of MV Rena

Press Release – Transport Accident Investigation Commission

The Liberian-registered container ship Rena had left the New Zealand port of Napier at 1020 on 4 October 2011 and was bound for the New Zealand port of Tauranga. The master had given an estimated time of arrival at the Tauranga pilot station of 0300 … Read more »

Govt spend on transport out of step with reality

Press Release – Green Party

The National Government is planning to allocate ever increasing amounts of taxpayer funding to build expensive new motorways despite record numbers of New Zealanders flocking to buses and trains, said the Green Party. Read more »

EPA grants marine consent to OMV NZ Ltd

Press Release – Environmental Protection Authority

The Environmental Protection Authority (EPA) has granted a marine consent to OMV NZ Ltd to continue its development drilling programme in the Maari oil field in the South Taranaki Bight. Read more »

Gull Gifts Kiwis Lower Petrol Prices

Press Release – Gull Petroleum

Christmas has come early at Gull with pump prices dropping 10 cents per litre, commencing at 7am on Wednesday 17th December and running through to midday Thursday 18th December. Read more »

NZ dollar falls vs. yen in face of oil’s decline

Article – BusinessDesk

NZ dollar falls vs. yen as investors seek haven in face of oil’s decline Read more »

EPA looks forward to high levels of compliance with EEZ law

Press Release – Environmental Protection Authority

The Environmental Protection Authority (EPA) is expecting high levels of compliance with the new Exclusive Economic Zone (EEZ) legislation as operators become more familiar with the regimes strict new requirements. Read more »

New Oil and Gas Permits at odds with Climate Obligations

Press Release – Climate Justice Taranaki

It is foolish and reckless for the NZ government to continue pushing for fossil fuel exploration. The government is ignoring its global obligation to tackling climate change. Its turning a blind eye to legitimate concerns from kiwis who care about … Read more »

Greenpeace closing down Statoil office now

Press Release – Greenpeace New Zealand

Wellington, 10 December 2014 – This morning Greenpeace activists are barricading shut Statoils new Wellington office before the Norwegian oil giant has fully opened for business. Read more »

Drilling permit in Maui’s Dolphin sanctuary “reckless”

Press Release – WWF

Global conservation organisation WWF has criticised the New Zealand government for allowing oil exploration to occur within a marine sanctuary designed to protect Mauis dolphins. Read more »

Activists Lock On to NZ Petroleum and Minerals Headquarters

Press Release – Oil Free Wellington

Activists Lock On to NZ Petroleum and Minerals Headquarters in Protest of New Oil and Gas Permits Read more »

National to allow oil drilling in Maui’s Dolphin sanctuary

Press Release – Green Party

The Government is pushing the Mauis Dolphin to the brink of extinction with its announcement today giving the green light to oil drilling in their Marine Mammal Sanctuary, the Green Party said today. National has announced 15 new drilling permits … Read more »

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