New oil and gas wells will wait for price rise
2 Feb 2016
By PAUL BROWN.- Billions of gallons of oil and huge quantities of gas, already discovered and which companies were about to extract, are currently being left unexploited because of the plunge in oil prices.
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Low prices are grim news for workers and shareholders, but may help to slow climate change. |
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Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Surge of lobbying over electricity sector review
Wed 4 Jun 2025
Jostling and lobbying have intensified ahead of the release of a review into the electricity sector.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
‘More needs be done’ to restore energy market confidence: Energy Council
27 May 2025
The Business NZ Energy Council (BEC) welcomed the Government’s gas announcement as signalling “willingness to deal with parts of the issue from an energy supply perspective and aims to rebuild confidence in the sector”.
Govt consulting on hydrogen
26 May 2025
The government is consulting on proposed regulatory options for the development of naturally occurring and orange hydrogen.
Public distrust over electricity sector
22 May 2025
A poll found that nearly half of New Zealanders feel more concerned about their power bill than last year and believe breaking up the electricity gentailers could improve competition.
Flick flicked on
20 May 2025
There is a certain irony that one of the most vocal and public critics of the gentailers and the electricity market – Flick Electric – has been taken over by the largest gentailer – Meridian Energy.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
