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Kiwi rises to 3-month high vs pound
The dollar rose to the high on concern of an unstable minority government in Britain.
The dollar rose to the high on concern of an unstable minority government in Britain.
NZ's biggest petrol chains increased their profits in 2016 despite revenue dropping.
Carbon markets unfazed by news Trump pulls out of Paris deal, traders say.
The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
COMMENT: Price is lower now than at the start of Opec cuts, writes Sheldon Slabbert.
Oil's rebound ran out of steam as investors focus on production OPEC can do nothing about.
Genesis Energy has agreed to but the LPG business of Todd Corp's Nova Energy for $192m.
The kingdom prepares to sell Saudi Aramco and ease its economic reliance on oil.
Trustpower says strong Australian generation lifted FY17 earnings near top of guidance.
Oil jumped as the US missile attack against Syria roiled global financial markets.
More than 5000km2 in Hawke's Bay is on the table for oil and gas exploration.
Energy Minister Judith Collins expects oil and gas exploration activity will return.
BP New Zealand is selling down part of its holding in the nation's only oil refinery operator, NZ Refining.
New Zealand's petrol companies are weary of change to customs excise law.
US crude approached US$47 a barrel as Saudi Arabia pared some of its production cuts.
Opec and its partners have seen the rally in oil prices evaporate as the US inventory glut becomes impossible to ignore.
New Zealand Oil & Gas plans to return $100 million of the $168m it reaped on the sale of its stake in the Kupe oil and gas fields.
Meridian Energy wants to raise $150 million through a new listed bond to refinance an upcoming debt maturity and cover general business costs.
Britons are dying because of the Volkswagen emission scandal with dozens killed from fumes travelling across the North Sea from Germany
New Zealand Oil & Gas narrowed its loss in the final six months of 2016 ahead of the Kupe sale.
New Zealand Refining's annual profit sank 69 per cent from a record a year earlier.
Cheap oil and a wet spring kept wholesale prices low, offsetting better retail margins.
New Zealand Oil & Gas is in talks with prospective partners for the deepwater Barque prospect off Oamaru's coast.
Mercury NZ increased first-half profit 53 per cent, bolstered by favourable North Island hydro conditions and lifted its full year guidance.
New Zealand Oil & Gas, which is on the prowl for new investment opportunities, has sold its 27.5 per cent stake in the Tui oil fields.
Emergency services closed off part of a busy road in Mangere, South Auckland, after a gas main was ruptured by a digger.
Opus International Consultants sank into the red as a struggling oil and gas sector weighed on the engineering firm's Canadian business.
Genesis Energy, the country's largest energy company by customer numbers, says electricity retail connections fell by 1.2 per cent.
Z Energy may review its interim distribution policy after reducing debt levels ahead of schedule following its acquisition of Chevron New Zealand's Caltex and Challenge! brands.
Greenpeace yesterday intercepted the world's largest seismic oil ship off the Wairarapa coast.