Shell postpones summer drilling in Great South Basin
By Pattrick Smellie Sept. 30 (BusinessDesk) - Global oil company Shell's New Zealand arm has postponed plans to drill an exploration well over the summer in the lightly explored Great South Basin, south of the South Island, where oil companies have looked for deep sea oil and...
Groser confirmed for Atlanta TPP talks as dairy deal heats up
By Pattrick Smellie Sept. 30 (BusinessDesk) - Trade Minister Tim Groser will attend a meeting of trade ministers in Atlanta, Georgia, where negotiations are attempting to conclude the Trans-Pacific Partnership trade and investment pact. Groser had been playing hard to get f...
Nova Energy's stake in King Country Energy reportedly in play
By Pattrick Smellie Sept. 29 (BusinessDesk) - Todd Corp's energy retailer, Nova Energy, is reported to be seeking a buyer for its 54.1 percent stake in King Country Energy, the central North Island electricity generator and retailer. The Australian Financial Review's 'Stree...
Brownlee urges China to act like a 'big' country in South China Sea
By Pattrick Smellie Sept. 28 (BusinessDesk) - Defence Minister Gerry Brownlee has used an address to China's National Defense University in Beijing to urge the North Asian giant to behave like a "big country" in the South China Sea, where its creation of islands to compete for...
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