NZ lagging in creating climate-related investment opportunities, says new report
By Pattrick Smellie April 13 (BusinessDesk) - New Zealand is lagging behind other countries, and well behind Australia, in creating opportunities to invest in combating climate change, says a preliminary survey of the country's 'climate finance landscape' released by Climate C...
New Zealand's biggest gas user, Methanex, fears for long-term output
By Pattrick Smellie April 13 (BusinessDesk) - Banning new offshore gas exploration "has significant implications for long-term gas supply" says Methanex New Zealand, which uses around 40 percent of all natural gas produced in this country to manufacture methanol, mainly for ex...
'Right goal, wrong tool' says peak business lobby on oil exploration policy
By Pattrick Smellie April 12 (BusinessDesk) - Ending new exploration permits for offshore oil and gas deposits uses the wrong tool for the right target, says the BusinessNZ Energy Council, a sub-group of Business New Zealand, the country's peak business lobby group. The pol...
NZOG to look offshore for new oil opportunities, no ímmediate impact on existing NZ operations
By Pattrick Smellie April 12 (BusinessDesk) - New Zealand's only NZX-listed oil and gas explorer and producer says today's government announcements ending the issuance of offshore oil and gas exploration permits "will not have any immediate material impact" on its operations o...
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