Maui partners nab rig to redrill Ruru prospect At least one, perhaps two, more exploration wells planned in the once giant Maui gasfield off Taranaki. Wed, 11 Jul 2018 Todd EnergyMaui gas fieldOMVLucy LawlessShelloil and gas - upstream activitiesenergy and resourceRoland Spuij
NZ Oil & Gas 1H profit falls 47% as exploration costs almost double New Zealand Oil & Gas [NZX: NZO], which has interests in the Tui and Kupe fields, reported 47 percent decline in first half profits, as Wed, 11 Jul 2018 New Zealand Oil & Gasearningsoil and gas - upstream activitiesenergy and resource
Meridian IPO inducements may attract retail investors spooked by MightyRiverPower selloff Government inducements to buy into Meridian Energy's float via two payments and a price cap for retail investors are likely to attract kiwis spooked by the dismal market performance of MightyRive Wed, 11 Jul 2018 privatisationstate-owned enterpriseenergy and resourcefinancing and stock offeringgovernment policystock flotationmarket and exchange
Investors to pay 60% of Meridian offer price in first tranche English, Ryall reveal instalment plan. Wed, 11 Jul 2018 electricity production and distributionstate-owned enterpriseenergy and resource
Z Energy jumps 6.6 percent on NZX debut, netting Super Fund $420m Shares in Z Energy jumped 6.6 percent to near the top of its indicative price range in its NZX debut today, valuing the service station chain at $1.49 billion. Wed, 11 Jul 2018 retailPetroloil and gas - downstream activitiesenergy and resourcefinancing and stock offeringstock flotationmarket and exchange
UPDATE Contact increases dividend as FY earnings rise; quits wind projects Contact Energy, the power company controlled by Origin Energy, has increased its annual profit and final dividend and is pulling back from two big wind-powered projects. Wed, 11 Jul 2018 earningselectricity production and distributionfinancial statementenergy and resource
Solid Energy names Southern Packers as preferred bidder The bidding group includes Midlands Seed, Biodiesel NZ's current agri-business manager. Wed, 11 Jul 2018 governanceenergy and resource
Oil industry faces skills shortages as drilling ramps up this summer New Zealand's oil and gas sector needs to invest more in professional training for its drilling workforce to meet the growing demand for expertise, especially when offshore explorers hire drilling staff whose experience is mainly onshore, the New Zealand Petroleum Summit was told. Wed, 11 Jul 2018 employmentenergy and resource
NZOG to use cash buffer to keep ‘competitive dividend’ NZ Oil & Gas will lean on its cash reserves to maintain a "competitive dividend" as it ramps up exploration. Wed, 11 Jul 2018 oil and gasNZOBusinessDeskannual and special corporate meetingenergy and resourcedividend announcementupstream activities
NZ Windfarms takes $31.7m impairment, wider FY loss Te Rere Hau windfarm operator posts a wider full-year loss as sales more than double to $9.76 million. Wed, 11 Jul 2018 BusinessNZ windfarmsearningsBusinessDeskelectricity production and distributionenergy and resource
