New Zealand Oil & Gas – and wind

New Zealand Oil & Gas – and wind
Kupe platform. (Image: NZOG)
Staff reporters
New Zealand Oil & Gas is eyeing up a new development that might not seem to fit the bill of its investment profile at first blush – an onshore wind site. Chief executive Andrew Jefferies told shareholders at today’s annual meeting in Wellington that he’s previously said that while NZOG isn’t a wind company it will take advantage of renewables where it makes sense. In slides accompanying his update on the Kupe oil and gas field off the Taranaki coast, NZOG said it plans to progress the Kupe wind power generation...

More Markets

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025