Topics tagged with 'Gas'
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Shane Jones on climate change – it’s real, but…
Fri 15 Aug 2025
By Pattrick Smellie | New Zealand First deputy leader Shane Jones believes climate change is real, but is uninterested in what is causing it and primarily focused on adapting to it.

Global oil markets face record supply glut next year, IEA says
Fri 15 Aug 2025
Global oil markets are on track for a record surplus next year as demand growth slows and supplies swell, the International Energy Agency said.

Heat pumps could cut household energy bills by $1.5 billion a year
Tue 12 Aug 2025
By Liz Kivi | Heat pumps could save Kiwi households hundreds of millions of dollars each year, as well as freeing up energy for industrial users, according to a new report.

Gas pressure intensifies
Tue 12 Aug 2025
The pressure from reduced gas supply is pushing industries that rely on cheap gas out of the market in favour of those who can afford to pay more.

Labour vows to reinstate oil and gas ban
6 Aug 2025
By Liz Kivi | The Labour Party is promising to reinstate a ban on new oil and gas exploration permits, but won’t say if they will go even further and commit to revoking permits if elected.

OPEC+ countries to boost oil production by 547,000 barrels per day
5 Aug 2025
Some believe the boost in production could lower oil and gasoline prices.

Bill to restart oil and gas exploration clears final hurdle
1 Aug 2025
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.

Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.

The EU’s ‘fantasy’ $750B energy promise to Trump
31 Jul 2025
The EU has narrowly avoided a full-blown trade war with Donald Trump by pledging to buy $750 billion of U.S. oil and gas by the end of his term. But achieving that will be almost impossible.

Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.

EV sales fall, but it’s complicated
29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.

NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.

GHG emissions up 0.9% in March quarter – Stats NZ
24 Jul 2025
The increase was mainly driven by a rise in industry emissions, particularly from the electricity, gas, water, and waste services industry.

Global oil and gas emissions standard put on pause after Shell and others walk away
23 Jul 2025
Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields.

Gas flaring created 389m tonnes of carbon pollution last year, report finds
22 Jul 2025
Rules to prevent ‘enormous waste’ of fuel are seen as weak and poorly enforced and firms have little incentive to stop.

Importing LNG is feasible, but is it plausible?
18 Jul 2025
Importing liquefied natural gas (LNG) as a form of energy supply insurance is technically feasible, but an industry-commissioned report raises questions about whether it is financially plausible.

‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.

Climate backtracking could impact trade relationships: Labour
9 Jul 2025
By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.

NZ quits Beyond Oil and Gas Alliance
25 Jun 2025
By Liz Kivi | The New Zealand government has quietly withdrawn from an ambitious coalition to phase out fossil fuels, with a $200 million publicly-funded subsidy for new gas fields the latest policy in conflict with that goal.

Govt’s $200m fossil fuel handout breaches trade agreement – Greens
24 Jun 2025
By Shannon Morris-Williams | The government's $200 million dollar investment fund for local gas exploration is a "clear breach" of the Climate Change, Trade and Sustainability agreement, according to legal advice commissioned by the Green Party.

Concerns with govt climate policy – expert
19 Jun 2025
By Shannon-Morris Williams |The government's latest emissions reduction plan is incoherent and vastly understates the urgency needed to help users transition off gas, according to an expert.

Govt signals major change to oil and gas exploration rules
17 Jun 2025
By Shannon Morris-Williams | Resources minister Shane Jones has signalled a major change to New Zealand’s oil and gas exploration rules, with a plan to remove restrictions limiting oil and gas exploration to defined block offer areas and instead allow exploration permits across all of the country's territory.

Electric firebricks: decarbonising high-temperature industrial heat
13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.

Labor accused of ‘gaslighting’ Australians on climate crisis as fossil fuel projects keep getting approved
9 Jun 2025
‘They offer sympathy and then just go and approve massive fossil fuel projects anyway,’ one advocate says.

Gas supply reducing faster than forecast
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.

Vanuatu criticises Australia for extending gas project while making COP31 bid
4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.

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.

Why expensive gas – not net-zero – is keeping UK electricity prices so high
28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.

‘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 budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.

Media round-up
23 May 2025
In our weekly round-up of climate coverage in local media: What is behind delays to a taxpayer-funded methane satellite? Is carbon capture a fossil fuel industry scam? and David Hall argues that efficient forms of energy are not "lesser evils."

Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.

Transpower will keep gas and carbon trading platform
19 May 2025
Transpower will continue to own and operate its gas and carbon trading platform emsTradepoint for the foreseeable future, it announced this morning.

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.

COP30 must heed the elephant in the room: fossil fuels
12 May 2025
OPINION: Oil, gas and coal cause three-quarters of global emissions. Why are they nowhere to be seen on the Belém climate summit’s agenda?

Govt pledges to slash building emissions
8 May 2025
The government is signing up to an international agreement aimed at decarbonising the building and construction sector in line with limiting global warming to 1.5 degrees.

World energy methane emissions near record high in 2024: IEA
8 May 2025
Record fossil fuel production kept planet-heating methane emissions near historic highs last year, the International Energy Agency said Wednesday, warning of a surge in massive leaks from oil and gas facilities.

Genesis reports rising coal, declining gas
2 May 2025
Talks about the future of the third Rankine unit at Huntly continue as Genesis reported a third quarter result that showed the rise of coal and the decline of gas.

Winter’s tale of electricity market woes
17 Apr 2025
A study of last winter’s events in the electricity market has confirmed that the major players suffered from high prices, and there was little or no indication of them gaming the market with their wholesale pricing.

Emissions down but reductions have slowed
10 Apr 2025
While New Zealand’s greenhouse gas emissions dropped 11% in the past five years, reductions have slowed down, with only a 1% drop from 2023 to 2024.

ETS stockpile up nearly 7 million
8 Apr 2025
The stockpile of privately held Emissions Trading Scheme pollution permits increased 6.7 million to 157.1 million units in the three months to March 31, according to figures released by the Environmental Protection Authority yesterday.

Is NZ heading towards another energy crunch?
28 Mar 2025
The major gentailers all put forward positive cases at last week’s Downstream conference that they had done all they could to avert a potential energy shortage this winter.

Energy sector faces complex affordability and security issues
25 Mar 2025
Energy affordability and security of supply were the key themes of the Downstream conference in Christchurch last week.

If NZ wants to decarbonise energy, we need to know which renewables deliver the best payback
21 Mar 2025
By Alan Brent and Isabella Pimentel Pincelli | A national energy strategy for Aotearoa New Zealand was meant to be ready at the end of last year. As it stands, we're still waiting for a cohesive, all-encompassing plan to meet the country's energy demand today and in the future.