Energy Minister Simon Bridges agrees with some of the messages of protestors outside a petroleum summit being held in Auckland today.

Oil and gas sector leaders meet in Auckland today as the industry confronts depressed global prices and conference delegates face protests from activists.

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.

Lower oil prices mean the less efficient carriers with older aircraft than Air New Zealand are back in the game, writes Grant Bradley.

Just over one month since its last downgrade of Moscow's credit rating, Moody's said Russia "is expected to experience a deep recession in 2015 and a contraction in 2016".

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.

Oil prices have made strong gains for a second day, helped by a surprisingly robust jobs report in the United States, the world's largest crude consumer.

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.