RESEND: Exploration ban 'selfish, rich world' approach, MPs told
(Fixes dates in 8th, 17th paragraphs) By Gavin Evans Oct. 18 (BusinessDesk) - The government’s proposed exploration ban is a “selfish and rich world” approach that ignores the country’s responsibility to help deliver low-carbon energy in the broader Pacific region, MPs hear...
Marsden Maritime eyes benefits from upper North Island transport study
By Gavin Evans Oct. 17 (BusinessDesk) - The government’s strategic review of upper North Island logistics chains may recognise the value of Northport in a way previous studies did not, Marsden Maritime Holdings chair John Goulter says. He said the potential of the port, and...
Genesis partners with Tilt in Taranaki wind farm
By Gavin Evans Oct. 17 (BusinessDesk) - Genesis Energy is partnering with Tilt Renewables to develop a 100 MW wind farm at Waverley on the southern Taranaki coast. Chief executive Marc England said the deal with Tilt, still be to finalised, could see construction beginning...
NZ Steel grabs blocking stake in Steel & Tube
By Gavin Evans Oct. 17 (BusinessDesk) - New Zealand Steel has paid a 17 percent premium for a blocking stake in distributor Steel & Tube Holdings, the latest move in an ongoing tussle for the Lower Hutt-based steel products supplier. NZ Steel, a unit of BlueScope Steel and...