Homeowners who suffered up to three days without power during a huge blackout will get just $50 each.

The world is running out of storage facilities supplies of oil and may soon exhaust tanker space, raising the chances of a plunge in crude prices.

One of the architects of the world's biggest sovereign wealth fund says pension plans face increasingly complex decisions over responsible investment, particularly in energy.

An employee who took customer details to start a competing gas supply business has been ordered to pay millions in damages.

Vector has launched the first rapid electric vehicle chargers in downtown Auckland.

A green overhaul by Auckland Council is expected to save ratepayers nearly three quarters of a million dollars each year.

Executive Mark Binns says a new wind farm is one of the options on the table if Meridian can't convince Genesis to keep open two electricity plants.

A mission to Ceres, a dwarf planet 257 million miles from the Sun and the size of Texas, may cost about $27 billion.

Vector has sold its New Zealand gas business to global utilities investment fund First State.

Tauranga-based Trustpower will pay $5 a share in cash in a full takeover offer for King Country Energy, provided it gets at least 70.2 percent of the company.

Two years on, money ordered paid in 90 days is being drip-fed.

An international conglomerate owed $27.5 million by Solid Energy has issued a High Court challenge to the arrangement which the state-owned mining company's creditors voted through last....

Sixty-five staff to axed as operator admits there is no chance whatsover of finding a buyer for Waikato mine that's cost about $500,000 a month to keep open.

New Zealand Steel's blue collar workforce has agreed to forego annual bonus payments during unprofitable years.

The recent rally in Z shares convinced Infratil and the Super Fund that it was time to sell.

Infratil will book a profit of $392m on the sale of its remaining 20pc stake in Z Energy.

Contact Energy is facing growing pressure from institutional investors over its governance structure.

Battery frenemies Telsa, Panasonic poised for Solar power fight in Europe.

Mighty River Power has become the latest electricity generator-retailer to announce a special dividend in the current earnings season.

Hundreds of thousands of Auckland households can expect an increased dividend payment of $345 in late September from the community trust that owns most of Vector.

Auckland households are set to get a bigger dividend payout from Vector next month.

Mighty River will spring another 2.5 cents per share special dividend for shareholders, having already given 5c in December.

Solid Energy creditors yesterday voted to retain the company's existing administrators and not to set up a creditors' committee.

The US crude benchmark finishing below $US40 a barrel for the first time in six years on China's weakening economy.

The company will pay an 8 cents per share final dividend on October 6, an increase from last year's 6.6 cents.

Meridian Energy shares closed up almost 3 per cent yesterday after the company delivered better-than-expected earnings and foreshadowed a long-term return of capital to shareholders.

Our biggest power generator, Meridian Energy, says power prices are likely to stay flat in the coming year.

Contact Energy chief executive Dennis Barnes says the firm now has the chance to steer its own course.