![Investors eye historic negative oil prices, move to Level 3](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Investors eye historic negative oil prices, move to Level 3
Storage near full as global demand for crude oil dries up amid Covid 19 pandemic.
Storage near full as global demand for crude oil dries up amid Covid 19 pandemic.
Well was curtailed due to Covid-19 restrictions but results 'positive', oil company says.
The major oil-producing nations may have reached a deal.
The man and woman are believed to be employees of methanol maker Methanex.
Financial Times: Debt issued by US producers plummets in price, mirroring crude.
US tax cuts could shield the market against the coronavirus and a price feud.
Focus Live: Oil prices have plunged amid coronavirus market slowdowns but when will we be saving at the pump? Video / AP
ASX tumbles 6 per cent, NZX down 3 per cent
Health and safety breaches serious, says business group.
Drops in international oil prices have already started flowing through to retail prices.
BP's goals include becoming a net zero emitter in its own production.
Methane, carbon monoxide found deep underground - likely due to rotting vegetation.
A 2017 report shows many oil and gas wells were not properly decommissioned.
Chinese demand for oil has plunged by 20 per cent.
OMV's use of private investigators in Dunedin is "quite unnerving".
COMMENT: The big questions are, what happens next, and where does it end?
In best case scenario, more than 100 creditors would get a few cents in the dollar.
OMV's drilling off the Otago Coast will determine the future of the industry.
Analyst warns gas supply problems could hit industry and push up energy prices.
Petrol company boss and analyst say uncertainty has been removed.
Focus: Petrol prices - Government says it will break market stranglehold. Video / Mark Mitchell
Government warns big fuel companies the industry is in line for a big shakeup
Focus Live: Kris Faafoi on the government's response to petrol prices report
The protest is aimed at oil giant OMV, Extinction Rebellion says.
Troubles of cash-strapped oil company working off the coast are mounting.
Creditors meeting reveals extent of debts, with much believed to be owed to the Crown.
The company is moving away from heavier-emitting resources.
Minister seeks assurances on Crown's exposure to company which circumvented usual tests.
Auckland's drivers are pretty chilled out - despite paying high road taxes, study finds.
Taranaki arm of Malaysian company suspends payments to creditors.