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10 new oil and gas permits awarded, little interest in greenfield basins
By Pattrick Smellie Dec 11 (BusinessDesk) - The government's second round of tenders for oil and gas exploration blocks has yielded 10 new exploration licences, including two in the previously unexplored Pegasus Basin to deep-sea exploration specialist Anadarko. The Pegasus Bas...
Government pitches greener growth alongside oil and gas push
By Pattrick Smellie Dec. 11 (BusinessDesk) - The government is committing to improving the quality of New Zealand's natural resource base at the same time as pushing more intensive agriculture and more extraction of minerals, oil and gas to accelerate economic growth. The lates...
DNZ boss Duffy cashes in at share price peak with $1.65M sale
By Paul McBeth Dec. 11 (BusinessDesk) - DNZ Property Fund chief executive Paul Duffy sold 9.9 percent of his stake in the property investor worth $1.65 million, cashing in as the share price tests record-highs since listing two years ago. Duffy sold 964,150 shares at an averag...
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