Wall Street rose to records as shares rallied
Wall Street rose to records as shares of Macy's and Kohl's rallied, while oil prices gained.
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.
Oil giant Mobil has escaped a $10m bill for the cleanup of a contaminated area of Auckland's Wynyard Quarter after winning a Supreme Court appeal
Consumer prices rose less than expected in the June quarter as cheaper meat and domestic airfares offset a recovery in petrol prices
One in three motorists will drive further to buy cheaper fuel, according to a nationwide survey of our service station habits.
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.
COMMENT: The Royal Society has called for urgent action in NZ on carbon emissions. But the transition to renewable energy won't be quick or easy.
The company said earnings had been impacted by the settlement of its dispute with Customs.
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.
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.
A meeting of oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, inside sources say.
Even if Saudi Arabia wins its struggle with US shale producers over market share, it will face a new billion-barrel adversary.
Plunging oil prices have forced New Zealand Oil & Gas to shed workers, prune its board and will lead to the shutdown of an offshore field four years early.
New Zealand Oil & Gas widened its first-half loss as it wrote down the value of its Tui and Maari investments.