Genesis Energy beats forecast with $69m profit
State owned energy company Genesis Energy has reported a better than forecast net profit after tax for the year of $69 million.
State owned energy company Genesis Energy has reported a better than forecast net profit after tax for the year of $69 million.
Large and small business must embrace green concepts to help the bottom line, say authors of a new book.
The Green Party says the Government is taking a "head-in-the-sand" approach to oil prices and should prepare now by investing in alternative fuels and public transport.
Official documents show the Government did not consider the environment when awarding an East Cape off shore oil exploration permit.
Oil giant Shell misled consumers by claiming its fuel was able to take drivers further, the Commerce Commission says.
Investment bank UBS plagiarised oil and gas research for use in its own investment reports, says a New York publisher.
Three-quarters of the oil that has leaked into the Gulf of Mexico poses no further risk to wildlife, according to an investigation.
'Sometimes you step off the pavement and you get hit by a bus,' said a stunned Tony Hayward.
As BP confirms embattled boss Tony Hayward is stepping down, Greenpeace protesters have been taking over BP stations across London.