Latest from Energy
Ambitious Powershop develops Oz market
Kiwi energy company Powershop is expanding its Australian market before targeting Europe and Asia next year.
Vector service quality agreement breach
Vector, the Auckland gas and electricity distribution monopoly, is in discussions with the Commerce Commission.
Stock Takes: Contact plan a shock to system
The so-called gentailers didn't seem such defensive, dependable investments after Contact Energy reported its interim result on Monday.
Meridian pencils in $625m capital return
Meridian Energy has raised its dividend and says it intends to return $625 million of capital to shareholders over the next five years.
NZOG takes hit on falling oil price
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices.
Meridian earnings up, capital return possible
Meridian Energy, which generates about 30 per cent of the country's electricity, lifted first-half earnings 21 per cent.
Showdown looms for Contact Energy
Contact Energy could be heading for a showdown with minority shareholders over what to do with a $1 billion pot of cash.
Power shares lead fall in stock index
New Zealand shares fell yesterday, led by Contact Energy after it flagged plans to invest offshore. Genesis Energy and Meridian Energy declined as enthusiasm for the sector cooled.
Contact shares slump after profit fall
Contact Energy shares have fallen nearly 9 per cent today after reporting a plunge in half-year profits.
NZOG mounts full bid for Cue
New Zealand Oil & Gas is fulfilling analysts' predictions that falling oil prices would prompt mergers and acquisitions by mounting a full takeover bid for Cue Energy, just two months after....
Oil's surge in volatility just what traders want
The CBOE Crude Oil Volatility Index climbed to 63.14 on February 5, the highest level in almost six years.
Dividend payers lead NZ market down
New Zealand shares fell yesterday from a record close paced by Meridian Energy, Precinct Properties New Zealand and Spark New Zealand, as the appetite waned.
How China is turning faecal sludge into 'black gold'
A growing portion of China's toilet waste is converted into fertiliser and biogas.
Sharemarket heads back up after slide
New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.
Meridian to replace faulty transformers
Meridian Energy is replacing two of its transformers at its Manapouri power station after finding a fault with cooling units.
Second day of falls for NZ shares
New Zealand shares fell for a second day as the kiwi dollar's slide to a four-year low sapped overseas investor appetite for high-yielding stocks.
Hunt for yields drives shares to record
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
Power giants hold prices
Mighty River Power and Meridian Energy will keep the price they charge for electricity on hold this year for the third year in a row.
Oil futures rally after price slump
Oil bulls finally caught a break as prices capped their first weekly advance since November.
Oil gains as drilling slows in US
Oil advanced after the International Energy Agency lowered forecasts for supplies from outside Opec and an industry report showed US companies had reduced drilling activity.
Close eye kept on storage lakes
Hydro lake levels are falling and wholesale power prices rising as drought threatens in parts of the country.
Petrol plunge: should price be lower?
Kiwis should have more disposable cash as petrol prices fall around the country, but consumer groups say the amount we fork out at the pumps should be lower still.
Mighty River signs Lake Taupo water deal
Mighty River Power and the Tuwharetoa Maori Trust Board have signed a deal over water in Lake Taupo, the terms of which the electricity generator says are confidential.
Roading lobbyists eyeing Vector shares
Kim Campbell has organised a meeting this afternoon to discuss strategies to soften up Aucklanders for the sale of the remaining shares in lines company Vector to pay for new roads.