
Group vows to hinder Otago oil drill
A ''rapid response'' team of up to 260 people has been set up to take to the water to hinder Anadarko's deep-sea drilling operations.
A ''rapid response'' team of up to 260 people has been set up to take to the water to hinder Anadarko's deep-sea drilling operations.
Global demand for solar panels is expected to hit a three-year high this year and a local company says falling prices are set to spark "explosive growth in solar energy"".
Texan oil giant Anadarko's environmental credentials and the future of its New Zealand offshore exploration programme are being questioned as the company faces a US toxic site cleanup and compensation claim which could reach US$14 billion ($16.9 billion).
Greenpeace has opened its case against the Environmental Protection Agency and Texan oil giant Anadarko in the High Court at Wellington.
Indigestion triggered by the size of the Govt's power company floats and investors wanting to take profits are being blamed for a fall in NZ's benchmark index.
Meridian Energy's instalment receipts traded at another post-float low today after a number of factors - including regulatory risk - combined to work against the stock.
NZ lighting technology has saved the Countdown supermarket chain's owner almost $500,000 a year in energy costs in two of its buildings.
Investors who took up shares in newly listed Mighty River Power and Meridian will take little comfort from PwC's latest report on the electricity sector.
The Environmental Protection Agency is confident of defending their decision to allow off-shore oil drilling in the Taranaki basin, Prime Minister John Key said today.
The offshore protest against Anadarko's deep sea oil exploration will come to an end today as Greenpeace takes the battle to court.
Deep sea exploration oil drilling off the Waikato coast by Texas-based oil company Anadarko began early today.
Voting begins today in a citizens-initiated referendum on whether the Government should sell part of its stake in power companies and Air New Zealand.
Meridian Energy's instalment receipts fell below their issue price - in early afternoon trading today.
Bill English has thrown the Opposition a curve-ball as they ready themselves for their unofficial three-week campaign to maximise the "no" vote in the referendum on partial asset sales.
Inland Revenue has lost a High Court fight with NZX-listed Trustpower over whether $17 million the electricity company spent on resource consents was tax deductible.
The Government, fresh from the sale of shares in Mighty River Power and Meridian Energy, faces a harder sell when it comes to divesting a 49 per cent stake in the third and final power generator.