
Kiwi gains as Fed sticks with rate hike
The New Zealand dollar rose after weaker-than-expected US economic data.
The New Zealand dollar rose after weaker-than-expected US economic data.
The dollar rose to the high on concern of an unstable minority government in Britain.
COMMENT: It's little wonder that we weren't popping the champagne corks.
NZ's biggest petrol chains increased their profits in 2016 despite revenue dropping.
NZ commodity prices rise 3 per cent in May, led by a jump in apple, kiwifruit prices.
Carbon markets unfazed by news Trump pulls out of Paris deal, traders say.
The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
COMMENT: Price is lower now than at the start of Opec cuts, writes Sheldon Slabbert.
Investors wonder: Is oil the water of the coming Space Age?
More than 5000km2 in Hawke's Bay is on the table for oil and gas exploration.
Chatham Rock Phosphate argued in the High Court that EPA charges were unreasonable.
BP New Zealand is selling down part of its holding in the nation's only oil refinery operator, NZ Refining.
New Zealand's petrol companies are weary of change to customs excise law.
New Zealand Oil & Gas plans to return $100 million of the $168m it reaped on the sale of its stake in the Kupe oil and gas fields.
Z Energy's decision to hold its annual meeting over the internet has drawn flak from the New Zealand Shareholders Association.
Britons are dying because of the Volkswagen emission scandal with dozens killed from fumes travelling across the North Sea from Germany
New Zealand Refining's annual profit sank 69 per cent from a record a year earlier.
New Zealand Oil & Gas is in talks with prospective partners for the deepwater Barque prospect off Oamaru's coast.
Solid Energy has announced the closure of the Spring Creek Mine after failing to find a buyer.
Solid Energy will shut and seal the Spring Creek mine after failing to find a buyer for the shuttered Dunollie operation on the West Coast.
Opus International Consultants sank into the red as a struggling oil and gas sector weighed on the engineering firm's Canadian business.
Gold volumes increased from major suppliers in Switzerland and Hong Kong, in the run-up to the Lunar New Year.
The national price of 91 petrol has topped $2 per litre, but with some stations still charging lower prices it pays to shop around.
Caltex will take over Gull's 77 petrol stations across New Zealand.
BP has agreed its second huge deal in days with the energy giant revealing a near $1 billion investment in gas fields off Northwest Africa.
NZOG made its final pitch to shareholders to sign off the sale of its stake in the Kupe oil and gas field to Genesis Energy for $168 million.
The New Zealand dollar extended its decline after this week's Federal Reserve decision to hike interest rates.
The dollar fell after the Federal Reserve raised its benchmark interest rate and signalled a faster pace of hikes in 2017.
The price for hard coking coal has plummeted US$45/tonne since peaking at US$310/tonne last month.
New Zealand Oil & Gas says it's considering an offer to buy its 27.5 per cent interest in the Tui oil field.