![Z Energy rolls out charging stations](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Z Energy rolls out charging stations
Drivers of electric vehicles will pay between $5-$10 to "fill up" at rapid-charge stations.
Drivers of electric vehicles will pay between $5-$10 to "fill up" at rapid-charge stations.
Greg Hall finds out how smart businesses are putting in place plans to reduce their power consumption
Infratil, the investment company managed by Wellington-based investment bank Morrison & Co, posted a 14 percent gain in first-half pretax earnings.
The recent rally in Z shares convinced Infratil and the Super Fund that it was time to sell.
Infratil will book a profit of $392m on the sale of its remaining 20pc stake in Z Energy.
The S&P/NZX 50 Index fell 42.45 points, or 0.7 per cent, to 5654.34. Within the index, 35 stocks fell, eight rose and seven were unchanged. Turnover was $123 million.
Z Energy is warning it's facing a potential multi-million dollar bill from NZ Customs - backdated to 1986.
BP New Zealand generated its smallest earnings in more than a decade due to falling oil prices.
The boss of a Z Energy rival says its planned acquisition of Caltex operator Chevron NZ could impact competition in the fuel market.
The massive rally in Z Energy shares, sparked by the firm's plans to acquire a rival, should raise competition concerns for the Commerce Commission, says a market source.
The sale of Caltex is another example of the exodus of multi-national oil companies from the New Zealand market.
Z Energy shares have soared 21 per cent on news it has bought the Caltex chain of gas stations.
Z Energy says work has slowed on its $20 million biodiesel plant but it will be finished in the next nine months.
Z Energy posted a 10 per cent increase in full-year operating earnings, as fuel and refining margins improved and the service station chain sold more fuel.
A new report claims to have disproved a well established urban myth that petrol companies are quick to raise petrol prices, but slow to drop them when prices fall.
The sharp fall in oil prices is set to continue benefiting consumers but could delay exploration projects around New Zealand.
Mike Bennetts proved he was prepared to take a punt getting rid of the century-old Shell brand and renaming it Z Energy in 2011.
Driving environmental sustainability at a petrol retailer seems counterintuitive at best; at worst, being on a hiding to nothing.
Z Energy reported a 13pc decline in first-half earnings after it made top-up payments to the Marsden oil refinery.
A company has been fined after associates of the firm traded shares of Z Energy and other companies during the holding period following IPO's.
Z Energy boss Mike Bennetts says the return of $2 a litre petrol could be on the cards if oil prices continue to plummet.
Z Energy plans to spend $21 million on a biodiesel plant in Auckland using fat from the meat industry.