Latest fromEnergy

Minister - oil protestors have point
Energy Minister Simon Bridges agrees with some of the messages of protestors outside a petroleum summit being held in Auckland today.

New oil and gas areas released
Oil and gas sector leaders meet in Auckland today as the industry confronts depressed global prices and conference delegates face protests from activists.

Is the universe on the brink of collapse?
Scientists claim an 'imminent' collapse of the universe will take place sooner than expected, but don't panic - it still has tens of billions of years left.

Desktop computers use twice as much energy as laptops
Many electronic and miscellaneous objects are never fully turned "off," and thus consume power all the time.

Oil giants trade to profit from slump
Known for their oil fields, refineries, and petrol stations, BP, Royal Dutch Shell and Total are also the world's biggest oil traders.

Tesla hiring for new stationary-storage unit
Tesla Motors' new stationary-storage unit making battery packs will help founder Elon Musk expand beyond electric vehicles.

Minister wants to increase electric car use
Transport Minister Simon Bridges wants to increase the use of electric and hybrid cars in new Zealand

Swift oil price recovery doubted
A growing consensus is emerging from the likes of BP, the International Energy Agency, shale wildcatters and even the Saudis.

Dunedin council's debt drops by $25 million
The Dunedin City Council's group debt has dropped by more than $25 million on the back of stronger results by its companies, new figures show.

Humble light bulb helps Japan fill nuclear gap
Japan's push to keep power flowing after it shuttered its nuclear program may best be illustrated by 73 million light bulbs.

Tales from an oil-sands slide
In the midst of the price swoon, many executives and workers remain confident the oil-sands industry will pull through.

MRP writedown puts spotlight on Contact
Mighty River Power's $69 million writedown on two failed geothermal developments overseas is a lesson for Contact Energy, says an analyst.

Ambitious Powershop develops Oz market
Kiwi energy company Powershop is expanding its Australian market before targeting Europe and Asia next year.

Meridian pencils in $625m capital return
Meridian Energy has raised its dividend and says it intends to return $625 million of capital to shareholders over the next five years.

Unexpected power outage 'cavalier'
Dunedin residents are angry after they lost power for eight hours a week earlier than expected - saying the power company's attitude to the mistake was 'cavalier'.

NZOG takes hit on falling oil price
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices.

Meridian earnings up, capital return possible
Meridian Energy, which generates about 30 per cent of the country's electricity, lifted first-half earnings 21 per cent.

Showdown looms for Contact Energy
Contact Energy could be heading for a showdown with minority shareholders over what to do with a $1 billion pot of cash.

Power shares lead fall in stock index
New Zealand shares fell yesterday, led by Contact Energy after it flagged plans to invest offshore. Genesis Energy and Meridian Energy declined as enthusiasm for the sector cooled.

Contact shares slump after profit fall
Contact Energy shares have fallen nearly 9 per cent today after reporting a plunge in half-year profits.