At Bergen harbour, there's a forlorn look about the oil service ships tied up bow to stern.

The Shareholders Association says the PGC situation is 'farcical' but the NZX says there's no reason for de-listing PGC.

The kiwi fell to 66.74 US cents as at 5pm in Wellington from 66.97 cents yesterday. The trade-weighted index fell to 71.45 from 71.57 yesterday.

Financial risk insurer CBL Corporation has made its stock market debut this morning, raising $125 million. Its shares opened at $1.74 each.

NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.

Mobil is taking its $10m tank farm pollution fight all the way to the Supreme Court.

Partially completed buildings stand during construction this month at the Williston Apartments luxury development in Williston, North Dakota.

Coalminer Bathurst Resources has posted a net loss of $16.4 million after tax for the year to June 30, 2015, compared to $189.9 million the previous year.

New Zealand dollar drops after US Federal Reserve talked up the chances of US rate hike.

The oil and gas sector is heading into one of the quietest summers for years, with permits surrendered and smaller players gobbled up by bigger companies.