Beach Energy says carbon capture and storage may eventually be an essential component at all its oil and gas fields including those in New Zealand.
Meridian says it is well aware that others were looking to build new electricity generation and it has the motive and desire to match this.
Solar electricity generation and wind farms will change NZ's landscape in more ways than one.
The company now expects earnings before interest, tax, depreciation, amortisation and fair value adjustments to be about $500m for the year.
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