Infrastructure

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Contact fined $245,000 for 2017 Smartfuel promotion
Infrastructure

Contact fined $245,000 for 2017 Smartfuel promotion

Contact Energy has been fined $245,000 for misleading customers in a 2017 fuel promotion. The company, the country’s second-largest energy retailer, pleaded guilty in the Wellington District Court and was convicted on seven charges under the Fair Trading Act 1986. They related...

Gavin Evans 04 Mar 2020
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Regulator urged to act on Tiwai discount
Infrastructure

Regulator urged to act on Tiwai discount

An improved prudent discount policy for electricity transmission should be advanced “as a matter of urgency,” Contact Energy says.Rio Tinto wants a lower transmission bill for the Tiwai Point aluminium smelter and has asked the government and the Electricity Authority to review t...

Gavin Evans 04 Mar 2020
OMV seeks action against rig protesters
Infrastructure

OMV seeks action against rig protesters

OMV said it expects official action against two Extinction Rebellion protesters who boarded a drilling rig in the Marlborough Sounds late yesterday.The pair, Siana Fitzjohn and Nick Hanafin, secured themselves to the side of the drilling rig COSL Prospector as part of the group’s...

Gavin Evans 04 Mar 2020
Todd finally gets A$7b Pilbara mine go-ahead
Infrastructure

Todd finally gets A$7b Pilbara mine go-ahead

Todd Corp has finally prevailed over the long-standing efforts of minority shareholders in its efforts to green-light a $A7 billion-plus iron ore mine in the Western Australian desert.A single shareholder, OCJ Investments holding 22.5 percent of the company, broke a defiant deadl...