BDBDEnergyTui oilfield reserves one-fifth smaller than thought, says operatorThe operator of the Tui offshore Taranaki oil and gas field says probable reserves are between nine and 11 million barrels of oil short of the 50.5 million barrels previously thought.24 Jul 11:15 PM
EnergyPower-cable failure at rig triggers $95m claimBudget documents reveal a power cable to the Kupe gas and oil field has failed and is the subject of a $95 million insurance claim.19 May 05:30 PM
New ZealandPetrol pain to get so bad you'll be forced to change your waysPetrol prices are likely to keep climbing past this week's record highs, despite a sudden drop in crude prices yesterday.06 May 05:30 PM
CommoditiesRelief at the pump coming - for a whileMotorists should expect to see a drop in the cost of filling up their cars early next week.06 May 02:19 AM
