Latest from Oil & Gas

'The whole thing fell apart': Inside the oil price meltdown

"Absolute bedlam," in the oil market.

Q&A: Oil prices go negative. What does that mean?

"It's the worst oil price in history" and there's little mystery as to why.

Oil slump: So why are Kiwi motorists not enjoying the benefit at pumps?

Negative US oil prices will not mean cheaper prices at the NZ pump.

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.

Oil and gas firm OMV talks up final oil well off Taranaki

Well was curtailed due to Covid-19 restrictions but results 'positive', oil company says.

Oil price jump brightens fragile global markets

The major oil-producing nations may have reached a deal.

Taranaki's first two coronavirus cases recently returned from Egypt

The man and woman are believed to be employees of methanol maker Methanex.

Oil prices rebound from worst loss since 1991

US tax cuts could shield the market against the coronavirus and a price feud.

Focus Live: Oil prices plunge amid coronavirus market slowdown

Focus Live: Oil prices have plunged amid coronavirus market slowdowns but when will we be saving at the pump? Video / AP

Oil tumbles below $50 a barrel as virus saps Chinese demand

Chinese demand for oil has plunged by 20 per cent.

International oil giant's use of private investigators 'unnerving'

OMV's use of private investigators in Dunedin is "quite unnerving".

Duncan Bridgeman: Power in the oil market has shifted

COMMENT: The big questions are, what happens next, and where does it end?

Bottom of the barrel: Tamarind creditors top US$300m

In best case scenario, more than 100 creditors would get a few cents in the dollar.

NZ oil exploration hinges on Great South Basin

OMV's drilling off the Otago Coast will determine the future of the industry.

Fight on as multinational oil giant gains go-ahead

Oil giant OMV has been given approval to drill in the Great South Basin.

Troubled oil company Tamarind in liquidation

PWC was appointed minutes before a crunch meeting with creditors.

Warning: Why electricity prices could increase

Analyst warns gas supply problems could hit industry and push up energy prices.

Petrol prices: Z 'would go broke' if prices dropped by 18c across NZ

Petrol company boss and analyst say uncertainty has been removed.