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Latest Energy in New Zealand Stories

2014-06-17 23:00:42

Markets Research Reports.biz added deep and professional market research reports on "Electricity Supply and Distribution (Industrial Report) - UK - 2014" Market Analysis and Overview. Albany, NY (PRWEB) June 18, 2014 Electricity Supply and Distribution (Industrial Report) - UK - June 2014 The country’s aging infrastructure assets continue to drive capital investment in the electricity distribution industry. Distribution network operators are also ramping up investment in new...

2014-04-15 20:21:14

DUBLIN, April 15, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/tcqjzw/hvdc_transmission) has announced the addition of the "HVDC Transmission Market - By Technology, Power Rating, Application, Component & Geography to 2018" [http://www.researchandmarkets.com/research/tcqjzw/hvdc_transmission ]report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The ever increasing demand of energy,...

2008-10-03 15:00:26

By WEIR, James STATE-OWNED power giant Meridian Energy took a $112 million knock to profits because of a "perfect storm" of events including severe drought, and at times relied on North Island gas-fired power for much more than half its energy. Combined, the state power companies made a $446 million profit, down $115 million mainly because of Meridian's tough year in the face of the second lowest hydro lake levels since 1931. Meridian made $128.6 million after tax, from $241 million...

2008-10-01 15:00:44

By WATKINS, Tracy SOARING power price rises are to be put under the spotlight, but scepticism has greeted suggestions of a Government inquiry. Commerce and energy ministers Lianne Dalziel and David Parker hit out at "alarming" rises of up to 12 per cent in Wellington and parts of the South Island, and said they would seek Cabinet approval for an inquiry. But National's energy spokesman, Gerry Brownlee, said the promise of an inquiry was too little, too late, after a 48 per cent rise...

2008-09-29 14:41:11

By MAETZIG, Rob This week, the Government awarded nine new petroleum exploration licence blocks covering half of Taranaki. Awarding these licences guarantees a big increase in seismic surveying and exploration activity. The permits have been taken up by a mixture of established energy companies and others new to New Zealand. Rob Maetzig profiles them. -------------------- TODD EXPLORATION: A privately-owned company that, together with its parent company Todd Energy, is involved in...

2008-09-24 15:00:51

By MAETZIG, Rob THE sheer size of the Government's latest release of Taranaki onshore petroleum exploration permits underlines the energy industry's continued importance to New Zealand, says the Petroleum Exploration and Production Association of New Zealand. On Monday, Associate Energy Minister Harry Duynhoven announced the allocation of nine exploration blocks to a range of energy companies, including three new junior explorers. PEPANZ executive officer John Pfahlert said the...

2008-09-09 09:00:44

Orion New Zealand has announced that it is supporting a subsidized Ecobulbs campaign in central Canterbury, New Zealand, with the aim to help households in its network area save money on their power bills and reduce electricity use. The central Canterbury electricity distribution network company has partnered with Meridian Energy, Energy Mad and the Electricity Commission to offer a range of energy-efficient Ecobulbs to households at subsidized prices. Three types of Ecobulbs have been...

2008-08-21 15:01:00

By HARDING, Evan A SOUTHERN power company is calling on the Government to utilise the region's coal and lignite resources to help insure against future power blackouts. However, both the Labour and National parties appear to have ruled out such a move in coming years. The Power Company chief executive Martin Walton said the Government's plan to generate 90 percent of the country's power generation from renewable resources such as hydro and wind would be no good in dry years and...

2008-08-13 15:00:54

By WEIR, James OMV FACTS OMV NZ RESULTS * Earnings last year: $95.4m, up 147% * Turnover last year: $295.2m, up 130% OMV NZ INTERESTS: * 26% of Pohokura oil and gasfield. * 10% of Maui gasfield. * 69% of Maari oilfield, due to start production late 2008. * 36% stake in exploration in the Great South Basin, south of the South Island. GLOBAL OMV: * Austria's largest listed industrial company. * Leading oil and gas group in Central Europe. * Active in 20...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'