Economic growth, jobs and exports need recognition among the purpose and principles provisions of the Resource Management Act.

Petromac, has evolved a disruptive technology that lets oil and gas companies get better data from wireline logging of oil wells.

A recovery in oil prices which began in February is not justified by fundamentals as there remains a supply glut in the market, oil cartel Opec says in its monthly report.

Known for their oil fields, refineries, and petrol stations, BP, Royal Dutch Shell and Total are also the world's biggest oil traders.

Greymouth Petroleum's former chief operating officer and his company have been ordered to pay almost $780,000 to the oil and gas firm for negligence associated with a fracking operation and a seismic survey programme in Taranaki.

The price of oil is tumbling again, rattling an already-shaken oil industry and heralding lower prices for consumers.

In the midst of the price swoon, many executives and workers remain confident the oil-sands industry will pull through.

Vigorous seas are reducing the chance of tar balls washing ashore after a split pipe at an offshore platform caused 250 litres of oil to spill into the sea.

Energy Minister Simon Bridges says big petrol retailers are "on notice" after they maintained large profit margins while the price of oil was falling sharply late last year.

New Zealand Oil & Gas is looking at other acquisition opportunities as its on-market takeover offer for Cue Energy Resources struggles for traction.

Oil companies may pass on a new tax at the petrol pump even though it is likely to be a barely perceptible fraction of a cent.

Job security in Canada remains at elevated levels despite energy companies and retailers firing workers.

New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices.

Enjoy low oil prices while they last, though how long that will be is anyone's guess, writes Brian Fallow.

New Zealand Oil & Gas is fulfilling analysts' predictions that falling oil prices would prompt mergers and acquisitions by mounting a full takeover bid for Cue Energy, just two months after....

The CBOE Crude Oil Volatility Index climbed to 63.14 on February 5, the highest level in almost six years.

Auckland councillors have been bombarded with more than 200,000 emails urging them to oppose the latest proposed oil exploration plan.

Oil and gas company Greymouth Petroleum Holdings wants more than $830,000 in damages from a former director who was ordered by the High Court to sell his stake in his firm.

Oil prices closed higher after a volatile session that saw the New York price drop below US$44 a barrel for the first time since March 2009.

NZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.

People making the most of low petrol prices have been filling up containers, causing Z Energy to issue a warning about the risks of storing fuel at home.

The prospect of further rises in the Reserve Bank's official cash rate has disappeared over the horizon.

The New Zealand Superannuation Fund says it remains comfortable with its investment in the US oil and gas industry.

Oil bulls finally caught a break as prices capped their first weekly advance since November.

Oil advanced after the International Energy Agency lowered forecasts for supplies from outside Opec and an industry report showed US companies had reduced drilling activity.

Oil prices have fallen dramatically. But it could take months for falling fuel prices - which feed into economic activity - to benefit consumers.

The price of petrol keeps plunging but the savings are yet to ignite discounts for consumers elsewhere in the economy.