News

Natural gas production in New Zealand is expected to drop below demand, according to the latest oil and gas reserves data released by the Ministry of Business, Innovation & Employment (MBIE).

Aotearoa New Zealand will require new generation to meet future electricity demand, according to the latest Electricity Demand and Generation Scenarios (EDGS) report released by the Ministry of Business, Innovation and Employment (MBIE) today.

New Zealand’s natural gas production continues to decline according to the latest Energy Quarterly data released today by the Ministry of Business, Innovation and Employment (MBIE).

The Ministry of Business, Innovation and Employment (MBIE) has today convened the first meeting of the Gas Security Response Group.

The renewable share of electricity generation was 90.3% for the October to December 2023 quarter, according to data released today by the Ministry of Business, Innovation and Employment (MBIE).

One onshore petroleum exploration permit has today been granted through the Block Offer 2020 competitive tender process.

The last of the Tui Oil Field’s subsea infrastructure has been removed and returned to shore, bringing the Ministry of Business, Innovation and Employment’s Tui Project’s decommissioning activities to a close.

The 117m construction support vessel, Sapura Constructor, will arrive in New Plymouth tomorrow in preparation for removing the last of the Tui Oil Field’s infrastructure.

New Zealand Petroleum and Minerals (NZP&M), part of the Ministry of Business, Innovation and Employment (MBIE), has released mining industry statistics for the calendar year of 2022.

Increased capacity helped with record electricity generation from wind between July and September 2023, according to data released today by the Ministry of Business, Innovation and Employment (MBIE).