Latest fromOil & Gas
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Petrol rises 'too much, too soon'
Pressure is on the big oil companies to reverse their latest price rises after Gull announced it had no intention of following them.
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'Extreme weather event' expected in Britain
Millions of people living in southern England and the Home Counties were told to prepare themselves for up to 40cm of snow last night as Britain remained in the grip of the longest prolonged spell of cold weather for 30 years.
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Contact power station out of action for two months
Contact Energy hopes to have its Otahuhu gas-fired power station back in service in two months after cracks were found in a generator.
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Brownlee can't promise power prices will drop
The Government is confident its shakeup of the electricity market will slow increases in power prices ... but it is making no promises about them coming down.
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Contact gives the gas bill a New Year boost
Contact Energy is ringing in the New Year by increasing its gas prices for about 65,000 residential and business users.
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Big gas find sparks Auckland plans
Greymouth Petroleum will push into Auckland's gas and electricity market after the confirmation of gas reserves at a Taranaki field.
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Govt plans to 'unlock' petroleum potential
Export earnings from New Zealand's petroleum sector could increase tenfold by 2025, says Gerry Brownlee.
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Infratil reports sizeable half year loss
Infrastructure investor Infratil reported a half year loss of $31.4 million.
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Infratil takes $54m hit on airport
Infratil has lost about $54 million on its investment in Auckland International Airport.
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Clean dream - a U.S energy transformation
Barack Obama has a vision of a fundamental US energy makeover, moving from fossil fuels such as coal and oil to renewable sources including solar and wind.
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Super Fund moves for oil giant
the New Zealand Superannuation Fund and Infratil have made a joint bid for the downstream assets of Shell Oil Ltd.