Otago power distributor Aurora Energy believes the covid-19 pandemic could defer demand growth on its networks by as much as two years.
OMV benefited by $57.4 million from its decision to sell out of the Maari oil field late last year. The US$50 million sale of its 69 percent stake in the field off the Taranaki coast was agreed in November but isn’t expected to be completed until later this year. But the de...
Vodafone New Zealand expects to cut its 2,000-strong workforce by between 5 percent and 7 percent as it deals with the impact of the covid-19 pandemic on its roaming and retail revenue. The telco stayed operating throughout the lockdown as an essential service, and while revenue...
New Zealand Aluminium Smelters says new transmission pricing rules announced yesterday offer little near-term support for its operation near Bluff. The business, New Zealand’s biggest electricity consumer, is being reviewed for closure by majority owner Rio Tinto and has been...
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articles by Oliver