Oil explorers retreat to small-scale Taranaki plays in block offer
By Pattrick Smellie Dec. 16 (BusinessDesk) - Oil and gas explorers have reacted to plunging global oil prices by taking up the smallest and most conservative range of new petroleum exploration licences since the government began its annual 'block offer' bidding process in 2012...
CORRECT: Flick Electric raises $5 mln new capital, adds Eastland as cornerstone investor
(Fixes Evander shareholding in 4th graph, names institutions in last graph) By Pattrick Smellie Dec. 15 (BusinessDesk) - Wellington-based online electricity retailer, Flick Electric, has raised $5 million in its second capital-raising in two years, adding the Gisborne-based...
Tax cut allowance intact for 2017, Super Fund top-ups pushed out 2 years
By Pattrick Smellie Dec. 15 (BusinessDesk) - New Zealand economic growth may be below previous forecast in the next two years, slowing the pace of government debt repayments and delaying the resumption of Crown top-ups to the NZ Superannuation Fund, the half-year budget update...
NZ traders see carbon at $10 a tonne by Christmas, foresters hopeful
By Pattrick Smellie Dec. 14 (BusinessDesk) - The New Zealand price of carbon is closing on $10 a tonne and could reach that level before the end of the year, says carbon trading house OMF, spurred by the global climate change agreement in Paris and signs the government will re...
Prev
