Beefed-up Crown Minerals to chase deepsea gas
NZ oil and gas exploration will get a substantial boost in government resources, including funding to chase deep-sea methane hydrates that have yet to be commercially exploited anywhere in the world.
NZ oil and gas exploration will get a substantial boost in government resources, including funding to chase deep-sea methane hydrates that have yet to be commercially exploited anywhere in the world.
Energy-saving lightbulb maker survived tough times thanks to keeping a close eye on cashflow.
Petrol prices are falling at Australian pumps - but oil companies in NZ say motorists shouldn't expect the same here.
Tests revealing faultlines along the proposed route of a hydro-electric tunnel on Canterbury's Waitaki River have sparked a redesign of the power project.
State owned energy company Genesis Energy has reported a better than forecast net profit after tax for the year of $69 million.
The Green Party says the Government is taking a "head-in-the-sand" approach to oil prices and should prepare now by investing in alternative fuels and public transport.
Pike River Coal has reported an annual net loss of $39 million and will not be paying any dividend.