Meeting on oil freeze unlikely
A meeting of oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, inside sources say.
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Saudi Arabia faces new oil titan
Even if Saudi Arabia wins its struggle with US shale producers over market share, it will face a new billion-barrel adversary.
Oil price revival boosts stocks
Global equity markets have received a boost from an upturn in crude oil as the market focused on a forthcoming meeting of major oil producers.
Saudi Arabia reeling from falling oil prices
Saudi Arabia - Stung by falling oil prices, Saudi Arabia has cut spending and subsidies as part of harsh austerity measures that threaten the lavish welfare programs underpinning its stability.
Arctic was a bet that didn't pay off, Shell chief says
The departing chief of Royal Dutch Shell's U.S. division says the failed quest to find crude in Arctic waters off Alaska is still a point of pride because it demonstrated the company's technical expertise.
'Liquid freedom' sets sails from Texas
'Liquid American Freedom' - the first US crude bound for overseas markets in 40- years has left the Gulf coast headed for France.
Solid Energy cutbacks revealed
The extent of Solid Energy's cutbacks is revealed in the company's evidence to Parliament's commerce select committee.
Petrol price plunge - is there still room to fall?
Petrol prices have been fluctuating over the last couple of months, but it is hard to say whether pump prices will keep falling.
High margins deliver NZ Refining huge result
Historically high refining margins, a weaker kiwi dollar and high plant reliability combined to give New Zealand Refining one of its best annual results on record.
Meridian Energy profits fall 11pc
All-renewables electricity generator and retailer Meridian Energy announced an 11 per cent fall in net profit after tax of $104 million for the six months ended December 31.
Flat earnings at Genesis Energy - no Huntly news
Earnings are flat at our biggest electricity retailer - which says it still hasn't decided whether to can the Huntly Power Station.
The stressed oil industry faces an existential crisis
The Saudis may go public, OPEC's in disarray, the U.S. is suddenly a global exporter, and shale drillers are seeking lifelines from investors as banks abandon them.
Stock Takes: Bid for Diligent looking good
Reading Diligent Corporation's acquisition announcement this week, you could be forgiven for assuming it was a done deal, signed and sealed.
Contact Energy reports $116m loss
Contact's selling its Auckland power station to a property developer.
Decision pending on Stockton mine closure
Solid Energy says a decision on whether the Stockton coal mine should be closed is "pending", and it expects to make a decision in the next few months.
Petrol prices plunge - big cut tipped
Prices slashed for a second time this week with another tipped for tomorrow.
Obama to propose oil tax to fund US projects
US President Barack Obama is proposing a $10-a-barrel oil tax, phased in over five years, to pay for a variety of transportation initiatives.
Crude oil rises on hopes of deal
Crude oil prices have risen to their highest in three weeks on hopes for a pact among oil producers to cut output.
Liam Dann: Here's what's happening on world markets
What's happening on world markets and what does it mean for us here in New Zealand? Business editor Liam Dann takes a look.
2015 a record year for clean energy
The latest evidence that 2015 was a breakout year for clean energy is in, and it's particularly telling.
NZ dollar rises as oil prices advance from slump
The New Zealand dollar rose as oil prices gained from a 12-year low and Chinese stocks gained in afternoon trading.