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Oil rally pumps up petrol prices
Oil has been on a bull run after months in the doldrums, pushing up prices at the pump.
Oil has been on a bull run after months in the doldrums, pushing up prices at the pump.
Motorists face higher costs as petrol edges up in response to higher global oil prices although prices could fall quickly due to weak demand.
Opus International Consultants sank into the red in the first half after writing down the value of its Australian and Canadian businesses.
Wall Street's losses were mitigated by continued gains in oil prices, the Nasdaq inched up for second record high.
Wall Street rose to records as shares of Macy's and Kohl's rallied, while oil prices gained.
Wall Street fell as energy stocks moved lower with the price of oil amid fresh signs of an unabated global glut.
Wall Street was mixed along with the latest US economic data, while oil prices moved lower as did the greenback.
Investors in New Zealand Oil & Gas are pressing the company to resume paying dividends now that it is profitable again.
Z Energy is moving away from supermarket docket discounts to instant savings for Fly Buys members.
The oil industry is fighting a generation gap.
One in three motorists will drive further to buy cheaper fuel, according to a nationwide survey of our service station habits.
More competition is needed to cut petrol prices - and somebody should petition Gull to expand, Transport and Energy Minister Simon Bridges says.
The New Zealand division of British Petroleum more than tripled net profit in 2015.
The New Zealand division of ExxonMobil narrowed its 2015 loss even as revenue dropped 15 per cent.
Oil broke through US$50 ($75) a barrel last week for the first time since October.
Prices have been moving up recently and they augur higher prices at the pump for consumers.
Z Energy is about to open the country's first commercial scale biofuels plant in a bid to become part of the emissions solution.
In the Middle East, the luxury-goods industry is grappling with shifting sands.
Z Energy is allowed to buy Caltex and Challenge! petrol stations, but must sell 19 of its retail sites.
New Zealand Oil & Gas has upgraded the developed reserves at the Kupe field off the Taranaki coast.
Earthquakes are a natural hazard - except when they're man-made.
Z Energy will get back $9.5 million of the amount it paid last year to settle a dispute with New Zealand Customs.
It's been boom and bust in the US oil game for a long time - but this bust is shaping up to be the biggest ever.
Electric vehicles are far more useful to New Zealand for reducing carbon emissions than rooftop solar power, says a new study
New Zealand could become a major exporter of gas to Asia, Energy and Resources minister Simon Bridges says.
WATCH: Protesters disrupt big petroleum conference at Auckland's SkyCity.
WATCH: On the latest extra episode of The Economy Hub, guest panelists Bernard Doyle and Aaron Quintal discuss markets rebound.
A 6 cent increase in 91-octane petrol in the past week is likely the first of several increases to come, according to Automobile Association.
An expert from Norway says if New Zealand is serious about getting motorists into electric cars the government needs to act.