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The following articles are sourced from The New Zealand Herald


BP boss: Sometimes you get hit by a bus
Wed, 28 Jul 2010 08:56
Tony Hayward's poorly chosen words in the weeks since the Deepwater Horizon rig blew up in the Gulf of Mexico have hastened his fall from grace.But yesterday, on his final day as BP chief executive, he got it right."Sometimes...

 

Contact's power generation falls
Wed, 28 Jul 2010 06:20
Contact Energy's electricity generation fell 2.6 per cent to 9691 gigawatt hours in the year to June.The main decline was in thermal generation, which fell 10.7 per cent to 3654GWh, compared with a year earlier.The average...

 

Windfarms doubles sales
Wed, 28 Jul 2010 04:20
NZ Windfarms (NZW) doubled its sales revenue and increased its electricity output for the three months ended June 30, although it fell short of forecasts because of low wind speed and low spot power prices. NZW, which owns Te...

 

Record fine imposed for petrol station leak
Wed, 28 Jul 2010 04:00
Three companies found guilty of spilling 10,000 litres of petrol have been ordered to pay the heaviest fine imposed in a regional council case in Auckland.Petrol Alley Services (GAS), URS New Zealand and Brown Bros (NZ) were found...


Mixed signs keep oil close to US$79
Wed, 28 Jul 2010 04:00
SINGAPORE - Oil prices hovered for a second day near US$79 a barrel in Asia yesterday as investors weighed a three-day stock market rally against signs of sluggish US crude demand.Benchmark crude for September delivery was down...

 

Drought hits Mighty River Power full year generation
Wed, 28 Jul 2010 04:00
State-owned Mighty River Power's full year generation was 5.2 per cent down on a year earlier, with rising geothermal output unable to replace all the hydro production lost due to drought in the Waikato.Figures published yesterday...

 

Genesis keen on Masterton wind farm
Wed, 28 Jul 2010 04:00
Genesis Energy is pushing ahead with plans to build a wind farm near Masterton that could be one of the biggest in the country.Wind monitoring at Castle Hill pointed to potential generating capacity of up to 600MW, although the...

 

Pulse seeks notes sale
Tue, 27 Jul 2010 04:50
NZAX-listed electricity retailer Pulse Utilities New Zealand is signalling a further capital raising via the sale of convertible notes to experienced investors. The company wants to sell 5 million convertible notes for a face...

 

NZ considers more sanctions on Iran
Tue, 27 Jul 2010 04:00
New Zealand is considering imposing further sanctions on Iran as part of an international bid to halt its nuclear programme.The European Union (EU) and Canada announced yesterday they would adopt new sanctions on Iran.EU foreign...

 

Relaunched mining tax campaign aimed at election
Tue, 27 Jul 2010 04:00
PERTH - A relaunched advertising campaign against the Australian Federal Government's proposed mining tax is part of a political agenda focused on the election, Treasurer Wayne Swan says.The Association of Mining and Exploration...

 

Crisis-hit BP to get first US boss
Tue, 27 Jul 2010 04:00
Robert Dudley, the man expected to replace Tony Hayward as chief executive of BP, will take charge of a crisis that is close to home.Dudley grew up in Mississippi, part of the Gulf Coast region suffering environmental and economic...

 

Editorial : Govt's energy plan leaves a lot to be desired
Tue, 27 Jul 2010 03:59
This Government's strategy documents have a habit of being less than inspiring and light on illumination. The National Infrastructure Plan released in March contained little direction in its 141 pages, not even a strong endorsement...

 

BP's Hayward to get NZ$25m - report
Mon, 26 Jul 2010 18:33
BP chief executive Tony Hayward, who is expected to be ousted from his role this week, will collect a pay and pension package worth NZ$25 million, according to a report. British newspaper The Times reported that Mr Hayward,...

 

Infratil manager in running to buy Port of Brisbane
Mon, 26 Jul 2010 13:26
Infratil's manager HRL Morrison & Co, which has a global infrastructure investment mandate from the New Zealand Superannuation Fund, is leading one of five groups bidding for the Port of Brisbane.The port is being sold by the...

 

Sea go-slow cuts costs
Mon, 26 Jul 2010 04:00
The world's largest cargo ships are travelling at lower speeds today than sailing clippers such as the Cutty Sark did more than 130 years ago.The recession and growing awareness in the industry about climate change emissions encouraged...

 

BP accused of trying to buy top scientists
Sat, 24 Jul 2010 11:39
BP has been accused of trying to "buy" top scientists and academics to help its defence against litigation after the Gulf of Mexico oil spill.BBC yesterday quoted the head of the American Association of Professors, Cary Nelson,...

 

Push for New Zealand energy efficiency by 2025
Sat, 24 Jul 2010 04:00
Ambitious goal to save 55 times Nelson's annual power usage within five yearsHouseholders, businesses and the public service will be encouraged to help make New Zealand as energy-efficient as its OECD partners, a pair of updated government...

 

Energy strategy too focused on fossil fuels
Fri, 23 Jul 2010 20:31
The Government's draft energy strategy prioritises unsustainable fossil fuels over renewable energy sources, a climate change campaigner says.Energy Minister Gerry Brownlee released the draft New Zealand Energy Strategy (NZES)...

 

Electricity cut
Fri, 23 Jul 2010 04:00
About 1500 homes in Mt Albert and Avondale lost their power last night after a lines fault occurred underground. Many were in Great North Rd and Carrington Rd. Several hours after the fault occurred, a Vector spokeswoman said...

 

Vector powers up renewable energy drive
Fri, 23 Jul 2010 04:00
Hubbard Foods and lines company Vector are teaming up using the latest technology in solar energy to create the largest thin-film solar PV installation on a commercial business in New Zealand.One hundred and sixty photovoltaic...

 

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