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Refining NZ earnings slashed by shutdown
Refining NZ profit slid by 62 per cent due to the shutdown.
Refining NZ profit slid by 62 per cent due to the shutdown.
China is planning to access its massive shale gas reserves in Sichuan province.
Global oil prices may remain under pressure this year given the weaker demand outlook.
Production from the offshore Pohokura gas field is to be cut for a third time next month.
President is facing growing international isolation as he starts his second term in power.
COMMENT: Changes coming to global shipping industry will affect almost everything we buy.
The consents allow Refining NZ to take 3.7 million cubic metres of sand off the seabed.
The oil is expected to persist in the harbour for one to two years.
COMMENT: In fact a raft of taxes are responsible for around half the price at the pump.
Slide gains momentum amid US-China trade worries and dampen energy demand.
Oil may rise on international speculation this week.
There's one resource we all need and it's becoming increasingly scarce.
MPs were told that NZ would need a new discovery to continue meeting demand.
Data reveals the percentage of typical salary Kiwis spend on fuel.
Rising fuel prices could give the electric movement a much-need boost.
The "oil and gas ban" contributed to the downturn in business confidence.
The US is set to impose severe sanctions in November.
COMMENT: It's time to ask where our own planetary civilisation falls on the spectrum.
The country's only oil refinery delivered the second highest throughput in its history.
There's a new generation of entrepreneurs making millions out of oil.
The US has surpassed both Saudi Arabia and Russia in the past year.
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