Latest from Oil & Gas

Genesis Energy net profit plunges, earnings up
Higher depreciation, and a generation revaluation have knocked net profit

Genesis raises natural gas prices by 4.5 per cent
The country's biggest energy retailer is blaming increased wholesale prices

Onshore exploration date shifts as Govt buffers position
The timetable for offering new onshore exploration acreage appears to be slipping.

New data: Are South Islanders helping pay Auckland's fuel tax?
Industry insiders say the regions might bear the brunt of Auckland's fuel tax.

Contact Energy sells Rockgas LPG business for $260M
The company originally purchased the business for $156m in 2007.

Methanex secures gas supply until 2029
Deals for long-term supply of gas bolster confidence in Taranaki

Trump renews attack on Opec over oil price
The benchmark price of crude has surged to near US$80 a barrel

Govt axed oil exploration after minimal analysis
Reports suggest oil industry research firms may take legal action against the government.

Relief on the cards for motorists as Saudi Arabia changes strategy
The world's largest oil exporter will be ending its quest to push up oil prices.

Fuel company to slash 12c a litre off petrol prices today
One of NZ's smallest fuel providers is slashing 12 cents a litre off fuel for 32 hours.

Phil O'Reilly: Government needs to show business a plan
COMMENT: Govt needs a framework which addresses economic concerns, writes Phil O'Reilly.

Brace yourself for petrol at $3 a litre
An inquiry into pricing might be a good thing - but petrol prices are only one way.

Trump's treacherous economic moment
COMMENT: The world crude market is tightening and North America has run into a crunch.

Comment: Oil jumps as Trump labels Iran deal 'insane'
US must focus on the big picture before imposing sanctions.

Russel Norman admits obstructing oil ship
Greenpeace head Russel Norman pleads guilty to obstructing oil survey ship. / Greg Bowker

Russel Norman admits obstructing oil ship
The former Green Party co-leader swam in front of the ship as it searched for oil off NZ.

No need to give up on gas, minister says
Latest figures show as little as 7 years' gas reserves left in NZ.

Saudi Arabia's desire for $100 oil a high-risk gamble
A return to boom and bust cycles bad for producers and consumers.

Fallow: Labour's oil ban a pointless, self-righteous policy
Move will be costly and do nothing for the climate.

O'Sullivan: Ardern's oil ban short-sighted
COMMENT: Announcement clearly timed to build up her international reputation.

Rachel Stewart: The sun has already set on oil
COMMENT: Industry anger with Govt baseless given global shift away from fossil fuels.

Nicola Patrick: The dinosaurs are gone ... and soon their fossils will be, too
The PM said: 'It's not where the future lies." I didn't know the future was so close.

Russian stranglehold on Europe's gas supplies exposed
Gazprom has been acting as an enforcement arm of Russian foreign policy.

Gas will keep flowing, Labour reassures householders
NZ still has enough natural gas for 10 years or more, the Govt says.

Soper: Oil exploration banning done the wrong way
COMMENT: There should have been consultation rather than the sledge hammer approach.

Oil boss says the 'you're not welcome sign' is up
Business leaders say the ban sends a bad signal to potential international investors.

Investors run for cover amid fear of US-Russia conflict
Oil at highest price for three years as investors snap up gold, yen and government bonds.

National will reverse oil ban - Bridges
Govt's ban on new oil exploration is a "wrecking ball" for regional NZ, National says.