Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Policy
Methane satellite mission control in New Zealand
An international space mission to help tackle climate change will be based in New Zealand as the government works toward a goal of net-zero carbon emissions by 2050.Research, Science and Innovation Minister Megan Woods announced the government is putting $26 million toward Methan...
Z, partners eye $32m-plus spend on Auck airport fuel supply
Z Energy and its partners in the Wiri fuel terminal believe it may cost more than $32 million to increase jet fuel storage there and on the site’s pipeline to Auckland International Airport.Z, BP and Mobil are investigating options to increase fuel delivery capacity to the airpor...
Economy
Z Energy says slowing economy hurting sector
Tough retail competition and a slowing domestic economy may see more fuel retailers shut outlets in the coming year, Z Energy says.Industry-wide petrol volumes in the six months through September were unchanged from a year earlier while the slowing economy saw diesel volumes fall...
UPDATE: Z Energy profit falls on Flick write-down; stock rises
(Adds comment on Flick from fifth paragraph, market conditions and investor comment to end.) Z Energy has reported a 72 percent fall in first-half net profit after writing $35 million off the value of its stake in spot power retailer Flick Electric. The write-down and tough...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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