Genesis Energy to deliver renewable generation in NZ
The company will use profits from the Kupe gas field to support a $1.1 billion program to build new renewable generation and grid scale battery storage between now and 2030.
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Genesis’ future looking bright
Genesis Energy delivered a strong financial performance in financial year 2023 with earnings before interest, tax, depreciation, amortisation and fair value adjustments (EBITDAF) of $523.5 million built on growth across all customer brands and improved margins while reducing emissions.
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Z Energy proposes Ampol acquisition
Valaris rig arrives in Marlborough Sounds
A drilling rig destined for the Māui B gas field in New Zealand arrived in Marlborough Sounds on Wednesday, 12 January.
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FFI jumps on board NZ hydrogen opportunity
Fortescue Future Industries (FFI) has signed an agreement with Murihiku Hapu of Ngāi Tahu to explore the potential of a large scale, renewable green hydrogen production project in Southland, New Zealand.
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Fears for no future oil and gas fields: EnergyQuest
Beyond projects already committed in 2021, there are no new oil and gas fields approved for development in Australia, according to the IEA’s Net Zero by 2050 report.
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New Zealand releases 2020 block options
New Zealand Petroleum & Minerals has released the proposed oil and gas exploration blocks for 2020, which are located onshore the Taranaki region. The proposed 2020 area covers 2630km2 and has been
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Jadestone, OMV NZ delay Maari acquisition
Jadestone Energy and OMV New Zealand have agreed to amend the date for the former’s acquisition of a 69 per cent interest in the Maari project offshore New Zealand.
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Hiringa, Mitsui set to boost hydrogen projects
Hiringa Energy and Mitsui have formed a strategic alliance to jointly pursue hydrogen-related commercial projects in New Zealand. Through the agreement, Mitsui secures access to participate in multiple
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Horizon sets path for long-term NZ well performance
Horizon Oil has delivered strong oil production from its stakes in the Maari and Manaia fields, New Zealand, with 310,122 barrels of oil recorded in the company’s 2020 half year report.
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