News

The minimum stockholding obligation for diesel importers will increase from 21 to 28 days of cover, bolstering New Zealand’s diesel reserves and resilience to supply disruptions.

The latest Energy Quarterly data release from the Ministry of Business, Innovation and Employment (MBIE) shows electricity generation in the October to December 2024 quarter was the lowest December quarter on record since 2016, says MBIE Domains Manager Amapola Generosa.

Minister for Resources Shane Jones has launched New Zealand’s national Minerals Strategy and Critical Minerals List, documents that lay a strategic and enduring path for the mineral sector, with the aim of doubling exports to $3 billion by 2035.

The latest Energy Quarterly release from the Ministry of Business Innovation & Employment (MBIE) shows the difference weather conditions can make to energy generation in New Zealand.

The Government has announced that New Zealand’s fuel resilience is being strengthened to ensure people and goods keep moving and connected to the world in case of disruptions.

Legislation reinstating petroleum exploration has been introduced by the Coalition Government.

The Government is progressing legislation to implement a new offshore renewable energy generation regime which will support investment in, and delivery of, clean energy at scale.

A diversion agreement over an illegal gold mining operation at Millers Flat, Otago has delivered a resolution that benefits all parties, including reparation to the local community.

A draft list identifying minerals essential to New Zealand’s economy and susceptible to supply disruptions has been released for consultation.

New data from MBIE shows that between April and June this year, extra coal and gas were needed to generate enough power for New Zealand homes and businesses.