Ballance partners with Hiringa for Kapuni hydrogen project
By Gavin Evans June 20 (BusinessDesk) - Ballance Agri-Nutrients is to develop 16 MW of wind generation at its Kapuni site as part of a plan to produce renewable hydrogen there. The fertiliser maker has partnered with Hiringa Energy to develop the $50 million project at its...
CORRECT: Zespri signals profit growth, trims expected fruit and services payment
(Corrects share performance in fourth paragraph of story that ran June 19 to adjust for stock split.) By Gavin Evans June 19 (BusinessDesk) - Kiwifruit marketer Zespri is forecasting annual profit growth of up to 7 percent. The firm, which markets kiwifruit on behalf of...
Risks from exploration ban coming to pass
By Gavin Evans June 19 (BusinessDesk) - The departure of Chevron and Equinor from New Zealand’s exploration scene is a huge lost opportunity and shows how quickly the risks from the government’s exploration ban are coming to pass, energy analyst John Kidd says. Chevron is a...
Chevron, Equinor depart NZ exploration scene
By Gavin Evans June 18 (BusinessDesk) - Chevron and Norwegian oil giant Equinor have opted to abandon their joint exploration efforts off the east coast of the North Island. The two firms have applied to surrender three permits they were granted in December 2014. The acreag...
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