Business Scoop


Govt confirms petrol price inquiry as pump prices fall

Article – BusinessDesk

Dec. 3 (BusinessDesk) – The government confirmed it is ordering an inaugural ‘market study’ into the retail fuel market, just as the price of petrol sinks back towards $2 a litre after a spike through September and October when oil prices were high … Read more »

Strike of 180 Fuel Tanker Truck Drivers Could be Avoided

Press Release – First Union

180 fuel tanker drivers at Pacific Fuel Haul have voted to walk off the job from December 16 for five days. The drivers are striking to protect modest redundancy provisions and for a fair and reasonable wage increase. Read more »

Government should provide fuel tax relief now

Press Release – New Zealand National Party

The Government should be providing immediate relief to New Zealand families by axing its new fuel taxes, rather than waiting for yet another inquiry, Nationals Commerce and Consumer Affairs spokesperson Brett Hudson says. Read more »

BP Welcomes Commerce Commission Market Study Announcement

Press Release – BP New Zealand

BP welcomes the announcement made today that the retail fuel market has been selected as the subject of the first Commerce Commission market study. Read more »

Retail fuel for first market study

Press Release – New Zealand Government

Retail fuel for first market study The retail fuel market will be the first Commerce Commission market study, Prime Minister Jacinda Ardern and Commerce and Consumer Affairs Minister Kris Faafoi announced today. This Government is committed to … Read more »

Rising fuel prices dent third quarter terms of trade

Article – BusinessDesk

Dec. 3 (BusinessDesk) – New Zealand’s terms of trade fell in the September quarter as rising fuel prices outweighed gains that pushed export prices to a nine-year high. Read more »

TIL, Z Energy prepare for tanker driver strike

Article – BusinessDesk

The countrys biggest fuel trucker says it is disappointed by a planned driver striker this month and will work to minimise any impact on supplies and motorists. Read more »

Higher fuel prices dent terms of trade

Press Release – Statistics New Zealand

Rising petrol and diesel prices pushed import prices up more than export prices, leading to a 0.3 percent fall in the terms of trade in the September 2018 quarter, Stats NZ said today. Read more »

Petrol price fleecing study likely to take at least a year

Article – BusinessDesk

Nov. 29 (BusinessDesk) – Any investigation into whether petrol consumers are being fleeced is unlikely to be completed before the end of 2019. Read more »

Gull announces another no strings Discount Day

Press Release – Gull Petroleum

Gull will offer a 10 cent per litre discount from 7am Thursday until midday Friday this week at all Gull participating sites with no minimum dollar purchase and no maximum limits on litres purchased. Read more »

Emerging tech makes mockery of Woods’ gas ban

Press Release – New Zealand National Party

Megan Woods has added to the confusion on the Governments oil and gas exploration ban, by praising hydrogen technology but not a gas-fed hydrogen plant with no emissions, Nationals Energy and Resources spokesperson Jonathan Young says. Read more »

Sapura Energy’s NZ venture to spur new collaboration

Press Release – Sapura Energy

Sapura Energy Bhd’s foray into New Zealand earlier this year could be the catalyst, not just for economic growth for the country, but also significant technical collaboration involving Sapura Energy, one of the biggest integrated oil & gas players in the … Read more »

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