Topics tagged with 'Gas'
'Terrible result': Emissions barely budged in 2024
Fri 5 Jun 2026
By Shannon Morris-Williams | New Zealand's greenhouse gas emissions were virtually unchanged in 2024, falling by 0.03%, despite the economy shrinking by ten times that amount during the same period, according to new data.
Govt legislates for more gas market transparency
Tue 2 Jun 2026
The Government has passed its Gas Market Transparency Bill through all stages under urgency, giving itself stronger powers to see into a gas market where tightening supply is creating significant uncertainty for businesses.
AI boom means US is now ‘investing more’ in fossil-fuel power than China
Tue 2 Jun 2026
The “data-centre boom” is driving a surge in gas investment in the US, pushing its fossil-power spending ahead of China, according to the International Energy Agency (IEA).
Climate takes back seat in Budget 2026
29 May 2026
By Shannon Morris-Williams | Climate change featured only lightly in Budget 2026, with most climate-related spending focused on resilience and disaster recovery rather than emissions reduction, while the Government again left out any updated estimate of the cost of meeting New Zealand’s Paris Agreement obligations.
New Plymouth residents say “no to LNG”
29 May 2026
Media release: Climate Justice Taranaki | At a public meeting in New Plymouth this Tuesday attended by about 100 local residents, the vast majority signed an ‘Urgent Plea’ to stop the proposed Liquefied Natural Gas import facility, addressed to Prime Minister Christopher Luxon, Energy Minister Simeon Brown, and Cabinet Ministers.
Canada signs landmark LNG energy deal with Germany
29 May 2026
Canada has announced a landmark energy agreement with Germany that will see the first-ever long-term shipments of liquefied natural gas (LNG) from Canada to Europe in the coming years.
Thumbs up for Govt help for businesses transitioning from gas
26 May 2026
By Liz Kivi | Businesses and climate advocates alike have welcomed the Government’s pre-budget announcement that it will help secure cheap lending for businesses transitioning from gas, as New Zealand’s domestic supply dwindles.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Biomass sector asks: where did the love go?
18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Methanexit: writing on the wall for NZ’s biggest gas user
6 May 2026
By Liz Kivi | New Zealand’s biggest fossil gas user, Methanex, is expected to stop production by the end of this year, with the company confirming its Motunui methanol operation won’t survive Māui gas field’s closure.
Māui closure notice narrows the buffer
4 May 2026
OMV New Zealand's notification that the Māui gas field will cease production by the end of 2026 has brought forward risks the industry had expected to emerge more gradually.
France unveils plan to ditch all fossil fuels by 2050
30 Apr 2026
Dozens of nations gathered in Colombia to hold the first-ever talks on how to transition away from fossil fuels. France published a 'roadmap' that explicitly aims to phase out coal by 2030, oil by 2045 and gas for energy purposes by 2050.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Going concern status flags depth of Methanex NZ's gas crisis
21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
New alliance wants renewable-led energy – and Govt to press pause on LNG
9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
A matter of strategy
7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
Labour mulls GIDI 2.0 as factory closures mount
1 Apr 2026
By Pattrick Smellie | Factory closures across the country could have been prevented if the last Labour-led government’s GIDI fund to assist companies with the cost of electrification hadn't been scrapped, Labour energy spokesperson, Megan Woods, says.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
‘Even more bonkers now’ – energy expert on LNG terminal
1 Apr 2026
By Liz Kivi | An energy consultant says the Government’s plan to back an LNG import facility is a “non-starter” in the face of rising gas prices due to the Middle East conflict.
Japan considers switch from LNG to coal
31 Mar 2026
Japan is considering ramping up coal-fired power generation amid a liquefied natural gas crunch that has led to significantly higher prices.
Open letter: NZ needs an essential use allocation plan for fuel – now
30 Mar 2026
Wise Response Society | We are writing to make one demand: the government must publish a quantified, ranked essential use allocation plan for fuel - with litres-per-day allocations, tied to actual onshore stock levels and realistic resupply assumptions.
LNG sold as insurance, but modelling points to a bigger role
19 Mar 2026
New Zealand’s gas market is heading for a sharp contraction whether the country sticks with domestic supply alone or introduces liquefied natural gas imports.
Iran oil crisis: why NZ’s car dependence is now a strategic liability
18 Mar 2026
By Timothy Welch, University of Auckland, Waipapa Taumata Rau | The war in Iran and the effective closure of the Strait of Hormuz have sent oil prices past US$100 a barrel – and Kiwis flocking to fill up. Petrol just hit NZ$3 a litre and some stations have reported running dry.
Oil shock tests Government’s balancing act
17 Mar 2026
The Government is trying to show it is on top of fuel security risk without giving the impression New Zealand is heading for a shortage.
Greenpeace slams Govt climate policies amid rising petrol prices
12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
Methanex: a gauge of NZ’s gas decline
12 Mar 2026
Methanex’s latest earnings call offered a blunt reminder that the company’s shrinking New Zealand business is now less a stand-alone corporate story than a barometer of the country’s broader gas decline.
If the government is set on an LNG terminal, gas users, not electricity users, should pay
11 Mar 2026
By Christina Hood | COMMENT: It's increasingly clear that the government's narrative of LNG as ‘dry year electricity insurance’ really doesn't stack up.
A gas shock – not an oil shock – from the Iran war looks more threatening
4 Mar 2026
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz.
Oil and gas prices jump as conflict escalates
3 Mar 2026
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Judge orders Greenpeace to pay $345m over Dakota Access pipeline protest
2 Mar 2026
Greenpeace says the case is far from over after being found liable for defamation and other claims brought by the energy firm.
Five oil supermajors have made nearly £346bn in profits since Ukraine war began, analysis shows
2 Mar 2026
Shareholders of the five companies have received £320bn in dividends and share buybacks over the past four years, more than the EU’s total clean energy spending in 2025, according to the analysis by Global Witness.
Hipkins rejects LNG terminal, backs renewables
24 Feb 2026
By Shannon Morris-Williams | Labour leader Chris Hipkins used his State of the Nation address to warn that worsening extreme weather and rising energy costs show climate change is no longer a distant threat.
Government invests $200m towards Genesis Energy's $400m capital raise
23 Feb 2026
The Government has confirmed it will buy up to $200 million of new Genesis Energy shares as part of a capital raise announced by the company this morning.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Calls for action to reduce emissions as extreme weather bites
17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
Flawed decision-making around taxing electricity to fund LNG import terminal
16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
Explosive risk brings caution call on LNG
16 Feb 2026
By Craig Ashworth, Local Democracy Reporter | Community energy lobbyists say a Liquified Natural Gas terminal in Taranaki must be built far from homes to protect locals from the risk of catastrophic explosions.
NZ still lacking coherent energy strategy
13 Feb 2026
By Rod Carr | COMMENT: The government’s levy-funded foreign gas proposal for an LNG terminal shows New Zealand’s politicians being outmanoeuvred yet again by the multi-trillion dollar energy industry.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
LNG plan risks fossil fuel dependency: Environment Commissioner
11 Feb 2026
By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Australian ministers met Japanese gas companies 20 times amid fossil fuel lobbying push
11 Feb 2026
Australian government ministers met Japanese gas company executives more than 20 times in the last term of parliament as Labor encouraged investment in the fossil fuel industry.
Govt backs LNG imports
10 Feb 2026
By Pattrick Smellie | The Government will rush to put in place contracts for the construction of a liquefied natural gas import facility by mid-year, claiming it will smooth electricity price volatility and underpin investment in renewable energy projects.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
US-driven gas turbine crunch may speed global clean power uptake
9 Feb 2026
A rush by U.S. utilities and tech giants to snap up as many gas turbines as possible to boost local power output is causing a global shortage of gas-power equipment and may spur other power systems to fast-track cleaner alternatives.