Driving through Nairobi with blood pouring from a gunshot wound is not what Alan Mountfort visualised when he answered an ad to invest in an olive grove.

Vector chairman chairman Michael Stiassny says operating conditions will be tough this financial year.

Contact Energy avoided providing profit guidance for this financial year at its annual meeting in Wellington today.

Australian-based Cue Energy Resources is returning to the New Zealand sharemarket.

Almost 40,000 Mercury Energy customers will pay much more for gas from next month.

State-owned power company Genesis Energy has reported a full year loss of $136 million after writing down by $183 million the value of its Huntly power station.

Fuel taxes are rising tomorrow, putting the brakes on a good run for motorists who have enjoyed petrol price cuts of 8c a litre since last week.