Latest fromOil & Gas

NZ oil shares fall as Tui well comes up short
NZ oil shares have fallen as the latest Tui well has come up short.

Pilot project to burn NZ coal underground
Solid Energy says that gas produced from burning coal deep underground in Waikato will help boost our energy security.

<i>Liam Dann</i>: Gulf spill may put dampener on NZ oil drilling
Is the attention New Zealand is getting from foreign oil prospectors accelerating?

New nightmare for BP as Florida closes beaches
The environmental nightmare unleashed by the crippled BP oil well in the Gulf of Mexico has reached the white-sand paradises of Florida.

Americans want more drama from Obama
The oil still gushing into the Gulf of Mexico after more than 50 days could also spell disaster for the presidency of Barack Obama.

<i>Matthew Lynn</i>: BP should tell hypocritical Americans to take a hike
BP is done and dusted in the US, for a generation at least.

Oil giant warns against legal backlash on deepwater drilling
Oil giant ExxonMobil says new rules to curb drilling should be held off until the lessons from the Gulf of Mexico disaster are fully understood.

BP directors call for chairman's head
Senior BP directors want their chairman sacked over his mishandling of the Gulf catastrophe.

Governor slams BP CEO's 'idiotic' comments
Louisiana's governor has blasted BP's CEO for making "idiotic" statements about the Gulf of Mexico oil-slick.

East Cape oil-drilling plans raise concerns
Opponents say there is no place for oil exploration in New Zealand, but the government is sticking by its deal with oil giant Petrobras.

US prepares for worst after oil solution falls apart
The Gulf of Mexico oil spill is the worst environmental catastrophe that the US has ever faced