![NZ releases oil reserves, MPs put on Russia's blacklist](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/ukraine-deposit-photos-W.webp)
NZ releases oil reserves, MPs put on Russia's blacklist
Energy minister Megan Woods said NZ will release 483,000 barrels from its emergency oil stocks as part of additional action by energy agency member countries.
![Allegro/Gull deal approval another step in Z Energy takeover](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Z-Energy-1-1.webp)
Allegro/Gull deal approval another step in Z Energy takeover
Regulator clears Ampol's sale of Gull to Allegro.
![Smelter details closure plan as it prepares to stay open](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Tiwai-aerial-x-4.webp)
Smelter details closure plan as it prepares to stay open
A preliminary study released today outlines what steps would be taken to remediate the smelter site if it closes at the end of 2024.
![Outlook for offshore windfarms not favourable](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/IEA-offshore-wind-turbine-4.webp)
Outlook for offshore windfarms not favourable
A Forsyth Barr report said it believed studies into the feasibility of the one gigawatt (GW) windfarm will find it is not cost-effective compared to other renewable projects.