Infrastructure

Explore the latest energy and fuel news by BusinessDesk. 

UPDATE: KiwiRail chair takes reins as CEO
Gavin Evans | Fri, 03 May 2019

(Adds union comment from 14th paragraph.) By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of ex...

KiwiRail chair to take reins as CEO
Gavin Evans | Fri, 03 May 2019

By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of experience. Miller only joined the board in...

Technology at scale key to Z Energy's future growth
Gavin Evans | Fri, 03 May 2019

By Gavin Evans May 3 (BusinessDesk) - Deploying new technology at scale to provide better services will be a key part of Z Energy’s future growth, chief executive Mike Bennetts says. New Zealand’s biggest fuel retailer spent about $10 million in the past year on a range of...

UPDATE: Z Energy shares rise on savings, dividend guidance
Gavin Evans | Thu, 02 May 2019

(Recasts to focus on savings initiatives, adds share price in 8th paragraph, Marpol risk to end) By Gavin Evans May 2 (BusinessDesk) - Z Energy shares rose after the company forecast a $22 million benefit from its efficiency initiatives in the current year and signalled at...

Z Energy FY earnings fall 13% on refinery outage, crude price hike
Gavin Evans | Wed, 01 May 2019

By Gavin Evans May 2 (BusinessDesk) -  Z Energy reported a 13 percent decline in full-year net profit after an extended outage at the Marsden Point refinery raised its costs and record pump prices reduced sales volumes industry-wide. The country’s biggest fuel retailer said...


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