Marsden Point plans production halt in July, August

Marsden Point plans production halt in July, August
Gavin Evans
The Marsden Point oil refinery is to stop production for several weeks from late July to help clear surplus fuel stocks around the country. The plant has been operating at about half capacity the past two months, minimising production by running units on a rotating basis. It now plans to put all units on standby for “several weeks” in July and August to “balance fuel supply across the country.” National fuel demand fell by about 80 percent when the country went into lockdown late March to contain the spread of covid-19. It is recovering b...

More Infrastructure

New funding agency to 'supercharge' social housing
Finance

New funding agency to 'supercharge' social housing

The Community Housing Funding Agency wants to address a $14 billion problem.

Oliver Lewis 25 Nov 2024
Air NZ continuing to be whacked by aircraft availability issues
Economy

Air NZ continuing to be whacked by aircraft availability issues

Air New Zealand expects a half year pre tax earnings result of $120 million to $160m.

Staff reporters 25 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024
Experts warn NZ: Australia's local rates cap led to financial crisis
Policy

Experts warn NZ: Australia's local rates cap led to financial crisis

Copying policy from across the Tasman could worsen infrastructure deficit.

Jem Traylen 22 Nov 2024