
Origin says it's committed to Contact
Despite speculation about its future in NZ, Origin Energy says it's committed to its investment in Contact Energy.
Despite speculation about its future in NZ, Origin Energy says it's committed to its investment in Contact Energy.
The boss of a Z Energy rival says its planned acquisition of Caltex operator Chevron NZ could impact competition in the fuel market.
The Financial Services Council has replaced chair Jenny Shipley, who is facing legal action from Mainzeal's liquidators.
Vector says a potential buyer has expressed interest in its gas transmission business.
The sale of Caltex is another example of the exodus of multi-national oil companies from the New Zealand market.
Z Energy shares have soared 21 per cent on news it has bought the Caltex chain of gas stations.
Former Prime Minister Dame Jenny Shipley's lawyer says she will vigorously defend legal action she is facing from the liquidators of collapsed property group Mainzeal.
Powerco, the energy lines company, reported a 20 per cent drop in annual profit as it paid more tax.
Contact Energy shares jumped more than 14 per cent after announcing it will increase returns to shareholders.
Is the Govt really getting double the amount of dividends from its sold down power companies?
Producer input and output prices fell in the first quarter, reflecting lower fuel costs and weakness in prices of meat and dairy products.
Infrastructure investor Infratil says it'll be taking a more wary approach to potential new acquisitions.
New Zealand shares rose yesterday, paced by Genesis Energy, Contact Energy and Mighty River Power in a relief rally as Meridian Energy's instalment came due.
As video streaming services surge in popularity, Kiwis are consuming far more internet data than ever before.
Vector chief executive Simon Mackenzie believes Tesla's new batteries will help transform the energy sector.
New Zealand shares rose yesterday, paced by SkyCity Entertainment Group and Meridian Energy as investors mulled a possible rate cut.
The West Coast mining industry has been dealt a heavy blow today, with 113 jobs to go at Solid Energy's Stockton mine.
Z Energy posted a 10 per cent increase in full-year operating earnings, as fuel and refining margins improved and the service station chain sold more fuel.
Job losses on the West Coast have been foreshadowed ahead of meeting between Solid Energy managers and workers at the Stockton Mine tomorrow.
Vector has formed a partnership with Tesla to bring its revolutionary home and business batteries to New Zealand.
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Genesis Energy shares are down after the company cut its forecast for annual earnings after losing electricity and gas customers amid increased competition.
China Steel Corp has green-lighted Kiwi-founded LanzaTech's first commercial plant.
Trustpower shareholder Tauranga Energy Consumer Trust has sold 20 million shares in the power company for $154.8 million.
The shale oil boom that pushed US crude production to the highest level in four decades is grinding to a halt.