![Genesis Energy sure of gas supply into 2030s](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Genesis Energy sure of gas supply into 2030s
The company has more than 100,000 gas customers.
The company has more than 100,000 gas customers.
Higher depreciation, and a generation revaluation have knocked net profit
The country's biggest energy retailer is blaming increased wholesale prices
The timetable for offering new onshore exploration acreage appears to be slipping.
Industry insiders say the regions might bear the brunt of Auckland's fuel tax.
The company originally purchased the business for $156m in 2007.
Deals for long-term supply of gas bolster confidence in Taranaki
The benchmark price of crude has surged to near US$80 a barrel
Reports suggest oil industry research firms may take legal action against the government.
The world's largest oil exporter will be ending its quest to push up oil prices.
One of NZ's smallest fuel providers is slashing 12 cents a litre off fuel for 32 hours.
COMMENT: Govt needs a framework which addresses economic concerns, writes Phil O'Reilly.
An inquiry into pricing might be a good thing - but petrol prices are only one way.
COMMENT: The world crude market is tightening and North America has run into a crunch.
US must focus on the big picture before imposing sanctions.
Greenpeace head Russel Norman pleads guilty to obstructing oil survey ship. / Greg Bowker
The former Green Party co-leader swam in front of the ship as it searched for oil off NZ.
Latest figures show as little as 7 years' gas reserves left in NZ.
A return to boom and bust cycles bad for producers and consumers.
Move will be costly and do nothing for the climate.
COMMENT: Announcement clearly timed to build up her international reputation.
COMMENT: Industry anger with Govt baseless given global shift away from fossil fuels.
The PM said: 'It's not where the future lies." I didn't know the future was so close.
Gazprom has been acting as an enforcement arm of Russian foreign policy.
COMMENT: There should have been consultation rather than the sledge hammer approach.
NZ still has enough natural gas for 10 years or more, the Govt says.
Business leaders say the ban sends a bad signal to potential international investors.
Oil at highest price for three years as investors snap up gold, yen and government bonds.
Govt's ban on new oil exploration is a "wrecking ball" for regional NZ, National says.