EnergyRecord gasoline output to curb US oil glutRefiners are poised to make gasoline at a record pace, keeping the US crude glut from overflowing storage.09 Apr 02:10 AM
SharesShell's deal creates global energy giantRoyal Dutch Shell has agreed to buy BG Group for about 47 billion ($92.4 billion) in cash and shares - the oil and gas industry's biggest deal in at least a decade.08 Apr 05:00 PM
CompaniesIran and Saudi moves push oil prices upOil rose after Iran's nuclear accord with world powers left the timing of increased crude supplies from the Opec member uncertain and as Saudi Arabia raised prices for shipments to Asia.06 Apr 05:00 PM
CommoditiesIce gas could be huge - Shell bossNew Zealand's next energy game changer could be the "super resource" of gas hydrates, says Shell New Zealand chairman Rob Jager.31 Mar 04:00 PM
CommoditiesTank farm clean-up: Mobil wins costsA publicly-owned entity must pay Mobil almost $1m in courts costs for its failed attempt to get the oil company to pay for the clean-up of Auckland's tank farm.30 Mar 01:55 AM
EnergyMinister - oil protestors have pointEnergy Minister Simon Bridges agrees with some of the messages of protestors outside a petroleum summit being held in Auckland today.29 Mar 09:46 PM
EnergyNew oil and gas areas releasedOil and gas sector leaders meet in Auckland today as the industry confronts depressed global prices and conference delegates face protests from activists.29 Mar 08:15 PM
OpinionBrian FallowBrian Fallow: If not our backyard, then where?Economic growth, jobs and exports need recognition among the purpose and principles provisions of the Resource Management Act.26 Mar 11:17 PM
BDBDCommodities'Bent stick' device helps drilling dataPetromac, has evolved a disruptive technology that lets oil and gas companies get better data from wireline logging of oil wells.20 Mar 04:00 PM
CommoditiesSupply glut undermines oil price reboundA recovery in oil prices which began in February is not justified by fundamentals as there remains a supply glut in the market, oil cartel Opec says in its monthly report.18 Mar 01:20 AM
EnergyOil giants trade to profit from slumpKnown for their oil fields, refineries, and petrol stations, BP, Royal Dutch Shell and Total are also the world's biggest oil traders.15 Mar 10:55 PM
CommoditiesGreymouth Petroleum wins $780,000Greymouth Petroleum's former chief operating officer and his company have been ordered to pay almost $780,000 to the oil and gas firm for negligence associated with a fracking operation and a seismic survey programme in Taranaki.15 Mar 04:00 PM
CommoditiesOil prices resume slideThe price of oil is tumbling again, rattling an already-shaken oil industry and heralding lower prices for consumers.15 Mar 04:00 PM
EnergyTales from an oil-sands slideIn the midst of the price swoon, many executives and workers remain confident the oil-sands industry will pull through.25 Feb 01:15 AM
New ZealandOil spill off the Taranaki coastVigorous seas are reducing the chance of tar balls washing ashore after a split pipe at an offshore platform caused 250 litres of oil to spill into the sea.23 Feb 02:16 AM
OpinionGrant BradleyGrant Bradley: Cheap fuel prices a mixed blessingLower oil prices mean the less efficient carriers with older aircraft than Air New Zealand are back in the game, writes Grant Bradley.22 Feb 06:20 PM
CompaniesMoscow gets junk rating by Moody'sJust over one month since its last downgrade of Moscow's credit rating, Moody's said Russia "is expected to experience a deep recession in 2015 and a contraction in 2016".22 Feb 04:00 PM
RetailGovt warns petrol firms over pricingEnergy Minister Simon Bridges says big petrol retailers are "on notice" after they maintained large profit margins while the price of oil was falling sharply late last year.19 Feb 04:00 PM
CommoditiesNZOG searches out fresh assetsNew Zealand Oil & Gas is looking at other acquisition opportunities as its on-market takeover offer for Cue Energy Resources struggles for traction.18 Feb 04:00 PM
New ZealandTiny tax rise at pump on the cardsOil companies may pass on a new tax at the petrol pump even though it is likely to be a barely perceptible fraction of a cent.18 Feb 04:00 PM
EmploymentCanada's curious case of job securityJob security in Canada remains at elevated levels despite energy companies and retailers firing workers.18 Feb 01:30 AM
BDBDEnergyNZOG takes hit on falling oil priceNew Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices.17 Feb 09:10 PM
OpinionBrian FallowBrian Fallow: It's just crude guessworkEnjoy low oil prices while they last, though how long that will be is anyone's guess, writes Brian Fallow.12 Feb 04:00 PM
BDBDEnergyNZOG mounts full bid for CueNew Zealand Oil & Gas is fulfilling analysts' predictions that falling oil prices would prompt mergers and acquisitions by mounting a full takeover bid for Cue Energy, just two months after....12 Feb 04:00 PM
EnergyOil's surge in volatility just what traders wantThe CBOE Crude Oil Volatility Index climbed to 63.14 on February 5, the highest level in almost six years.11 Feb 01:45 AM
CompaniesHealthy jobs report helps lift oil pricesOil prices have made strong gains for a second day, helped by a surprisingly robust jobs report in the United States, the world's largest crude consumer.08 Feb 04:00 PM
New ZealandDolphin sanctuary on lineAuckland councillors have been bombarded with more than 200,000 emails urging them to oppose the latest proposed oil exploration plan.04 Feb 04:00 PM
CommoditiesGreymouth stoush back in courtOil and gas company Greymouth Petroleum Holdings wants more than $830,000 in damages from a former director who was ordered by the High Court to sell his stake in his firm.03 Feb 04:00 PM
CommoditiesOil slips below US$44 brieflyOil prices closed higher after a volatile session that saw the New York price drop below US$44 a barrel for the first time since March 2009.30 Jan 09:15 PM
Banking and financeKeep cash rate on hold - shadow boardNZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.27 Jan 04:00 PM