UPDATE: Tamarind administrators seek lifeline for Taranaki oil field
By Gavin Evans | Wed, 13 Nov 2019
Administrators of offshore oil operator Tamarind Taranaki were today trying to put together a deal to keep the Tui oil field operating through until mid-2020 and avoid its premature decommissioning.Th...
Tamarind administrators seek lifeline for Tui field
By Gavin Evans | Wed, 13 Nov 2019
Administrators of offshore oil operator Tamarind Taranaki were today trying to put together a deal to keep the Tui oil field operating through until mid-2020 and avoid its premature decommissioning.Ta...
Keeping Tiwai Point smelter open best for climate change - Contact chair
By Pattrick Smellie | Wed, 13 Nov 2019
Finding a way to keep the Tiwai Point aluminium smelter open is the best result for global greenhouse gas emissions, since its closure would see its production replaced by overseas smelters using natu...
Mainfreight sees growing NZ freight volumes as 1H profit rises
By Paul McBeth | Wed, 13 Nov 2019
Mainfreight expects its New Zealand operations will perk up as a growing pipeline of freight movements drive more business after a slowing local economy crimped first-half earnings growth. Net pr...
Mercury advances Turitea, warns of regulatory risk
By Gavin Evans | Tue, 12 Nov 2019
Mercury NZ says the electricity market is under stress and needs new generation investment if high wholesale power prices are not to start flowing into household prices.Wholesale prices have been high...
Mercury advances second stage of Turitea wind farm
By Gavin Evans | Tue, 12 Nov 2019
Mercury NZ has committed to a further $208 million investment at its Turitea wind site, less than eight months after initiating the first stage of the development.The company now plans to build the 27...
South Port goes into bat for Tiwai Point smelter
By Paul McBeth | Fri, 08 Nov 2019
South Port New Zealand is the latest Southland firm throwing its support behind the Rio Tinto-controlled smelter across the harbour at Tiwai Point, saying the government should take the closure threat...
NZOG shareholders split on deal; shares drop
By Gavin Evans | Fri, 08 Nov 2019
The independent directors of New Zealand Oil & Gas have failed to get maximum value for their shareholders, says the New Zealand Shareholders’ Association, which plans to vote its proxies against...