OG Oil & Gas receives regulatory approval for its partial takeover of NZ Oil & Gas
By Rebecca Howard Dec. 14 (BusinessDesk) - OG Oil & Gas has received approval from the Overseas Investment Office in its partial takeover bid for New Zealand Oil & Gas, one of the final hurdles the oil and gas division of Ofer Global needs to declare the deal done. "This a...
NZ dollar gets late lift from US political news
By Rebecca Howard Dec. 13 (BusinessDesk) - The New Zealand dollar stuck to a tight range ahead of policy decisions from a raft of central banks but got a late lift after reports that Democrat Doug Jones beat Republican Roy Moore in the US Senate race in Alabama. The kiwi do...
CricHQ's business and assets to be sold to NZ investors, settlement in January
By Rebecca Howard Dec. 13 (BusinessDesk) - CricHQ, the cloud-based cricket software developer, and its assets will be sold to a group of New Zealand investors for an undisclosed amount, say receivers Neale Jackson and Brendon Gibson of KordaMentha. CricHQ was tipped into re...
Government to conduct inquiry into September fuel pipeline outage
By Rebecca Howard Dec. 13 (BusinessDesk) - The government will hold an independent inquiry into the September outage of the fuel pipeline from Marsden Point refinery to Auckland, says Energy and Resources Minister Megan Woods. The 170-km pipeline, which supplies petrol, die...
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