Latest from Oil and Gas Extraction

NZ still spending more than it earns - but the deficit shrinks as tourists return

The goods deficit narrowed as we imported less, despite falling export returns.

Government exploring ‘corporate welfare’ for oil and gas

National and Act supportive of giving oil and gas companies certainty in their future.

Piped gas network heading for ‘death spiral’

A recent report shows how gas prices will rise significantly in the next decade.

Heavy lifting in Tasman Bay

The first operation to load a drilling platform onto a semi-submersible vessel in Tasman Bay was completed yesterday, in preparation for the rig's relocation to Australia. The delicate operation took 10 hours and required a one-mile exclusion zone. Video / Tim Cuff

Former BP boss Bernard Looney to forfeit up to $66 million after ‘serious misconduct’

Financial Times: 'One hell of a reaction' as ex-CEO failed to disclose past relationships.

Venezuela orders oil drilling in Guyana-run territory

Financial Times: Fear rises as Caracas claims ‘overwhelming’ mandate to exploit deposits.

Act MP wrongly quotes Parliamentary Commissioner for the Environment

Brooke van Velden has been accused of sharing misinformation by a Parliament watchdog.

Sasha Borissenko: Who needs an economy if we burn to the ground?

OPINION: How we're failing to fire up action on climate change.

Opinion: What are the alternatives to natural gas?

The way we choose to cook or heat our homes is increasingly becoming a sore point.

Specialist vessel arrival to begin final phase of Tui oil field decommissioning

The Q7000 will plug and formally abandon wells across the Taranaki oil field.

Falling crude prices and recession fears bring US oil and gas rally to a halt

Financial Times: Equities sell-off comes despite companies reporting a strong quarter.

Opec’s gamble: Can the global economy cope with higher oil prices?

Financial Times: Led by a confident Saudi Arabia, the cartel wants to boost its revenues.

Kiwi feared killed in Ukraine, Scott Robertson gets top job & Auckland facing another $195M budget cut | Focus Morning Bulletin: 22 March, 2023

Kiwi reportedly killed in Ukraine, the rugby world reacts to Scott Robertson’s appointment and negotiations after teachers strike in the latest New Zealand Herald headlines. Video / NZ Herald

Why is the Alaska Willow Project in the US so controversial?

A major oil project will be conducted in Alaska that seems contrary to US climate goals.

Watch: Extinction Rebellion activists climb oil rig

Activists from Extinction Rebellion, Greenpeace and School Strike for Climate board the COSL Prospector semi-submersible platform as it was towed past the Marlborough Sounds. Video / Geoff Reid via YouTube

Colombian protestors take oil workers, police hostage, kill one with machete

Villagers were protesting poor road conditions, disparity with oil riches.