CommoditiesPetrol prices fall to $2 a litreBP and Z are both claiming to have led the market in reducing their national price for 91-octane petrol to a smidgeon below $2 a litre this morning.05 Dec 12:54 AM
CommoditiesRussia faces spectre of recessionRussia's economic crisis deepened as the Govt acknowledged it's heading for recession and "panic" crept into the financial system as oil prices plunged.03 Dec 04:00 PM
CommoditiesZ Energy crunches the numbersZ Energy is the latest company to jump on the big data trend, doing a deal with analytics company 11 Ants Analytics to help the service station firm better understand customer preferences and buying....03 Dec 04:00 PM
CommoditiesOil king predicts drilling cutbackBillionaire wildcatter Harold Hamm, a founding father of the United States shale oil boom whose fortune has fallen by more than half in the past three months, says US drilling will slow as producers....02 Dec 04:00 PM
OpinionLiam DannLiam Dann: The new oil shockThe world is in the grip of a new oil shock. The shock is that prices are collapsing. Liam Dann explains what it means for the NZ economy.30 Nov 04:00 PM
OpinionMark Lister: Good outweighs bad in oil price retreatFalling oil prices have been one of the biggest stories in financial circles over recent weeks.28 Nov 04:00 PM
CommoditiesOil slide saves airlines $8.9bPlunging oil prices are saving airlines US$7 billion ($8.9 billion) this year on jet fuel - and the leader of one of the big three airline alliances says this is helping profitability in an industry....25 Nov 04:00 PM
BDBDConstructionProfit takers drive NZX 50 lowerNew Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.24 Nov 04:00 PM
New ZealandGull issues warning over docked wagesGull has issued a warning to its petrol stations not to dock workers' pay when customers drive off without paying.21 Nov 07:42 AM
BDBDCompaniesZ Energy earnings fall 13pcZ Energy reported a 13pc decline in first-half earnings after it made top-up payments to the Marsden oil refinery.05 Nov 09:26 PM
BDBDCompanies$65k fine for breaching NZX rulesA company has been fined after associates of the firm traded shares of Z Energy and other companies during the holding period following IPO's.21 Oct 09:04 PM
Companies$2 petrol in sightZ Energy boss Mike Bennetts says the return of $2 a litre petrol could be on the cards if oil prices continue to plummet.19 Oct 04:00 PM
CommoditiesWorld on brink of oil price warA secretive group of the world's most powerful oil ministers will soon gather in Vienna to take one of the most important decisions to affect the still fragile world economy.05 Oct 04:00 PM
EnergyOil explorers hunt for big NZ strikeOil and gas explorers gathering in Auckland next week are breathing a sigh of relief at the election result but face the age-old challenge - making a major discovery.25 Sep 05:00 PM
BDBDEnergyExtra oil imports organised as NZ Refining strike loomsOil companies are forging ahead with a plan to import more fuels to minimise disruption from planned strike action at NZ's only oil refinery.25 Sep 03:42 AM
EnergyDeeper Saudi supply cuts needed to sustain high oil pricesSaudi Arabia will need to keep cutting oil output to sustain prices above $100 a barrel as global oil demand weakens, analysts say.21 Sep 08:00 PM
WorldSanctions on Russia oil, World CupThe European Union will strike at the heart of Russia's economy by extending sanctions to block all investment in the country's oil companies.04 Sep 05:00 PM
New ZealandAsk Phoebe: Fractions help fuel seem cheaperA reader writes: Why is petrol at the pump priced to the third decimal place - a thousandth of a cent?18 Aug 05:30 PM
CommoditiesOil and gas spending soarsOil and gas exploration and development spending was up 7 per cent last year to almost $1.6b, according to the latest official figures which also show a big jump in gas reserves.17 Aug 05:00 PM
CommoditiesExxon begins drilling in Russia - despite sanctionsDespite all the talk of action against Vladimir Putin, Exxon Mobil, the largest US energy company is undeterred, starting work on $700m oil well in the Arctic.11 Aug 02:50 AM
CommoditiesDeep water fracking the next oil frontierEnergy companies are taking their controversial fracking operations from the land to the sea - to deep waters off the US, South American and African coasts.08 Aug 03:08 AM
New ZealandBP pulls NZ trucks after fatal incidentA "small number" of BP New Zealand's trucks have been recalled for inspection following an incident in Australia in which three people died.08 Aug 12:36 AM
SharesRefinery outages push oil price lowerOil prices in New York have tumbled to their lowest level since mid-March helped by unplanned refinery shutdowns in the US midwest.01 Aug 05:00 PM
EnergyIrish dream of 'black gold' fades to sinking shares for finderIreland finally struck offshore oil, or so it seemed in 2012. But two years on, the company behind the find still hasn't found a partner to develop the oil field.31 Jul 04:30 AM
New ZealandSpending on oil barons draws criticismThe Green Party is angry that the Government forked out $22,000 on food and drink and $37,000 on luxury accommodation.30 Jul 05:00 PM
EnergyTaxpayers spend $240k hosting oil execsEnergy Minister Simon Bridges is defending a $240,000 bill for taxpayers to wine and dine 11 oil executives during the 2011 Rugby World Cup.29 Jul 07:00 PM
New ZealandGreens: Ban deep sea drillingThe Green Party announced plans to immediately ban deep sea drilling around NZ’s coast if the Greens form the next government.27 Jul 03:17 AM
BDBDCommoditiesRefinery losses recouped at the pumpZ Energy says margins have risen due to fuel retailers trying to recoup up to $40m they've had to pay to top up losses at Marsden Point oil refinery.15 Jul 01:00 AM
New ZealandFuel price war - who wins?Fierce discounting by fuel companies in parts of Auckland has seen a wild variation in prices — of up to 25c a litre of petrol — across the region.11 Jul 05:00 PM
CommoditiesGloriavale firm to start oil drilling on West CoastA company owned by the Gloriavale Christian Community expects to drill a new oil well this spring with a rig that has recently arrived from Korea.11 Jul 03:40 AM
EnergyUS now world's biggest oil producerThe US will remain the world's biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation's economic recovery.07 Jul 04:02 AM
