BW Offshore has lost its bid to disconnect its floating production and storage vessel from the Tui oil field and clear the area before the onset of winter.Last month, the Environment Court ruled that the prospect of the FPSO Umuroa remaining at Tui over winter, unmanned, potentia...
Electricity futures fell further yesterday as generators and industry reassessed the demand outlook and the Pohokura gas field returned to full production sooner than expected.The April Otahuhu electricity contract fell 6 percent to $46 a megawatt-hour yesterday. The June-quarter...
Specialist engineering firm AW Fraser wants approval to partially reopen its business so that it can continue supplying essential services here and overseas.The specialist bearing maker is the only continuous casting bronze foundry in Australasia. It exports 90 percent of its pro...
Auckland Council, which owns around 22 percent of Auckland International Airport, only learned of the airport’s $1.2 billion equity raising this morning and hasn't decided whether to take part.“It is too early for council to confirm whether we will participate in this proposal by...
Infrastructure Editor
Followers will be emailed
articles by Oliver