Z shows impatience over oil refinery closure

Z shows impatience over oil refinery closure
The end of oil refining in NZ is a contentious point, but it can't happen fast enough for Z Energy. (Image: Supplied)
Ian Llewellyn
Z Energy wants to get the end of oil refining at Marsden Point wrapped up as quickly as possible, not only to save it money but also to remove a possible roadblock to the takeover offer from Ampol.New Zealand’s largest fuel retailer reported a solid earnings result yesterday with a net profit of $92 million for the half-year, turning around a loss of $58m in the prior corresponding period, primarily driven by rising crude and product prices.It confirmed a fully imputed interim dividend of 7 cents per share to be paid in December with a fa...

More Policy

Govt mandates high-rise zoning around key CRL stations
Policy

Govt mandates high-rise zoning around key CRL stations

Auckland Council will need to provide for building heights of at least 10-15 storeys.

Oliver Lewis 25 Jun 2025
Infrastructure Plan floats higher health, electricity spend
Policy

Infrastructure Plan floats higher health, electricity spend

Draft plan identifies priority projects and recommends transport system reform.

Oliver Lewis 25 Jun 2025
Infrastructure plan: 17 projects made it, 31 missed out
Policy

Infrastructure plan: 17 projects made it, 31 missed out

Rail, prison and ferry terminal projects excluded from infrastructure priority list.

Oliver Lewis 25 Jun 2025
Govt funds $5.6m for joint NZ-Nasa Earth observation projects
Policy

Govt funds $5.6m for joint NZ-Nasa Earth observation projects

Nasa will contribute data and nearly $2m in staff time and expertise.

Greg Hurrell 24 Jun 2025