Oil explorer gets offshore ban escape route

Gavin Evans
Tue, 20 Oct 2020

Gavin Evans
Tue, 20 Oct 2020
Greymouth Petroleum can reapply for an oil exploration permit off the Taranaki coast where new exploration has been banned since 2018, thanks to a High Court decision.The company would also be allowed to seek a mining permit if it discovers a commercial oil or gas field there.Greymouth had applied in 2017 for a permit to explore the Okoki structure, west of Pohokura, the country’s biggest gas field. It had wanted permission to spend about $300,000 on geological studies, including reprocessing 393 square-kilometres of seismic data, with th...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Use quake-style powers to speed house-building: Collins
Staff reporters | Tue, 26 Jan 2021

More houses were built in the Canterbury region than any other part of the country in the last decade, thanks to quake-related powers.

Vaccines to curb F&P Healthcare sales
Dan Brunskill | Tue, 26 Jan 2021

Fisher & Paykel Healthcare's shares were up 10 percent last week but a Forsyth Barr analyst thinks demand is about to slow.

Housing market "defying logic" says Oceania
Jenny Ruth | Tue, 26 Jan 2021

Demand for units last week was "extraordinary."

How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.

What has Covid-19 changed for supply chains?

Covid-19 has helped businesses recognise Supply Chain as a critically important function within their organisation.