Strong dollar leads to petrol price cut, says BP, Shell.

Jack Straw, has admitted that the fate of the convicted Lockerbie bomber Abdelbaset Ali al-Megrahi had formed part of Britain's negotiations with Libya over a multi-billion pound deal for oil exploration.

Profits at New Zealand's largest energy distributor, Vector, have risen 16.3 per cent, but the recession means growth in new connections has slowed and volumes are down.

The Government has set a greenhouse gas emissions reduction target of between 10 per cent and 20 per cent below 1990 levels by 2020.

Government has announced that New Zealand's new target for cutting greenhouse gas emissions will be a reduction of between 10 per cent and 20 per cent by 2020.

Scientist Sir David King says carbon dioxide emissions need to be halved by the middle of the century.

Petrol and diesel prices have gone up by five cents a litre at the four major petrol stations.