Onshore exploration date shifts as Govt buffers position
The timetable for offering new onshore exploration acreage appears to be slipping.
The timetable for offering new onshore exploration acreage appears to be slipping.
Industry insiders say the regions might bear the brunt of Auckland's fuel tax.
The company originally purchased the business for $156m in 2007.
Deals for long-term supply of gas bolster confidence in Taranaki
The benchmark price of crude has surged to near US$80 a barrel
COMMENT: Papers reveal the real reason behind decision.
COMMENT: Doing business with this Government is all about reading the beat of the drum.
Reports suggest oil industry research firms may take legal action against the government.
COMMENT: Govt needs a framework which addresses economic concerns, writes Phil O'Reilly.
An inquiry into pricing might be a good thing - but petrol prices are only one way.
COMMENT: The world crude market is tightening and North America has run into a crunch.
US must focus on the big picture before imposing sanctions.
Greenpeace head Russel Norman pleads guilty to obstructing oil survey ship. / Greg Bowker
The former Green Party co-leader swam in front of the ship as it searched for oil off NZ.
Opec efforts to push price towards US$100 and geopolitical flashpoints risk perfect storm.
Refinery spent $6m repairing the pipeline, which failed on farmland near Ruakaka.
Latest figures show as little as 7 years' gas reserves left in NZ.
COMMENT: Industry anger with Govt baseless given global shift away from fossil fuels.
COMMENT: Announcement clearly timed to build up her international reputation.
The PM said: 'It's not where the future lies." I didn't know the future was so close.
Gazprom has been acting as an enforcement arm of Russian foreign policy.
COMMENT: There should have been consultation rather than the sledge hammer approach.
NZ still has enough natural gas for 10 years or more, the Govt says.
Business leaders say the ban sends a bad signal to potential international investors.
Oil at highest price for three years as investors snap up gold, yen and government bonds.
Govt's ban on new oil exploration is a "wrecking ball" for regional NZ, National says.
He also called on Govt to take a global view on climate change.
The Govt will issue no new exploration permits for offshore oil.
Simon Bridges describes Ardern as "reckless", but environmental groups hail the decision.