
NZOG narrows loss ahead of Kupe sale
New Zealand Oil & Gas narrowed its loss in the final six months of 2016 ahead of the Kupe sale.
New Zealand Oil & Gas narrowed its loss in the final six months of 2016 ahead of the Kupe sale.
Cheap oil and a wet spring kept wholesale prices low, offsetting better retail margins.
Energy Minister Judith Collins has put the petrol industry on notice to cooperate with a fuel inquiry but says she is reluctant to intervene in the market.
Energy Minister Judith Collins says a fuel price inquiry will assess whether New Zealand petrol companies are raking in more profits than international counterparts.
Vector's gain was driven by stronger sales, lower finance costs and a one-time gain after a Court of Appeal ruling on a tax claim.
A solar powered electric vehicle charger is opened to the public in Tauranga and will provide free charging for the next year.
The local bottler of Coke-branded drinks ramped up sales volumes in 2016.
New Zealand shares rose as Scales and Mercury gained and Comvita dropped after its earnings report. The S&P/NZX 50 Index rose 16.19
Mercury NZ increased first-half profit 53 per cent, bolstered by favourable North Island hydro conditions and lifted its full year guidance.
COMMENT: Dame Fiona Kidman's submission to the select committee on Pike River was study in empathy, writes Audrey Young.
Trans-Tasman Resources is proposing to mine 50 million tonnes of iron ore per year off the coast of Patea in south Taranaki. Made with funding from NZ On Air.
Trans-Tasman Resources is proposing to mine 50 million tonnes of iron ore per year off the coast of Patea in south Taranaki. Made with funding from NZ On AIr.
Pike River families are meeting with Prime Minister Bill English for the first time this afternoon.
New Zealand Oil & Gas, which is on the prowl for new investment opportunities, has sold its 27.5 per cent stake in the Tui oil fields.
Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year.
Contact Energy posted a 12 per cent gain in first-half underlying profit and trimmed capital expenditure in the face of weaker sales.
A Broadlands Forest resident blames fluctuating river levels on the Waikato River - caused by practices at the dam upstream - for destroying the natural habitat. Made with funding from NZ On Air.
Energy Minister Judith Collins expects fuel companies will cooperate with report into petrol pricing after concerns about rising fuel margins.
Contact Energy, which last year said it would focus on reducing debt, is considering a $100 million offer of bonds it plans to list on the NZX debt market.
Mercury Energy boss Fraser Whineray is trying to make customers feel better about the power they buy.
The battle of what's being touted as a tax on the sun is heating up as an independent appeals authority prepares to review an Electricity Authority decision.
Energy Minister Judith Collins has signalled there could be announcement made next week about an inquiry into rising petrol margins.
Genesis Energy, the country's largest energy company by customer numbers, says electricity retail connections fell by 1.2 per cent.
Donald Trump took steps to advance construction of the controversial Keystone XL and Dakota Access oil pipelines.
Todd Corporation has won backing from the Western Australia government for a $6 billion iron ore mining and transport project.
Labour leader Andrew Little is proposing a new solution to recover bodies in the Pike River coal mine.
Ever met someone who just wasn't into music? They might just have a condition called specific musical anhedonia.
The bright lights of Vegas have become famous around the world, but they have one special feature that is making them stand out.
A trial of the fully autonomous vehicle will begin at Christchurch International Airport.
Many women who do the recommended amount of exercise may be harming themselves by eating too little, a survey indicates.