Oil and gas block offer results due next Tuesday

Thu, 06 Dec 2012

Dec. 6 (BusinessDesk) - Energy Minister Phil Heatley is set to announce the results of this year's block offer for oil and gas exploration permits on Tuesday next week, and government officials are confident more activity will follow in the coming years. General manager of New Zealand Petroleum and Minerals David Binnie told Parliament's commerce committee the 2012 'block offer' will be announced next week, and that officials are halfway through the 2013 tender. Next week's announcement will canvas blocks covering approximately 40,285 square...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
Eroad shares on the road to recovery
Ella Somers | Thu, 07 Jul 2022

Jarden wealth management director Greg Main said Eroad was continuing its “recent recovery” and rising strongly after being heavily sold down.

Global Events
Jacinda Ardern soft-pedals on China’s Pacific ambitions
Pattrick Smellie | Thu, 07 Jul 2022

The prime minister has offered a conciliatory view of China's potential to do good in the Pacific region, as tensions between Beijing and Wellington grow over Chinese strategic ambitions in the region.

Primary Sector
Foot-and-mouth disease risk low from Indonesian PKE says Biosecurity NZ
Rebecca Howard | Thu, 07 Jul 2022

Biosecurity NZ sent a team to Indonesia for an extra level of assurance. 

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges