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Mitsui

Well near Tui finds no significant hydrocarbons

Wellington, July 19 NZPA - Hopes of finding more hydrocarbons near the Tui oil fields offshore from Taranaki have been dashed for a second time.

Bigger container ship calls at New Zealand ports

Wellington, April 7 NZPA - New Zealand ports are this week welcoming the OOCL New Zealand, the largest container ship to regularly call here.

NZ Sharemarket Edges Higher At Week's Start

NZ Sharemarket Edges Higher At Week's Start
Wellington, Feb 22 NZPA - The New Zealand sharemarket opened the week on a positive note today. The benchmark NZX50 index was up 9.182 points, or 0.3 percent, to 3116.27 in the opening 15 minutes today with a handful of stocks improving.

Fonterra Farmers Want Raw Milk Price Lifted

Fonterra Farmers Want Raw Milk Price Lifted
By Kent Atkinson of NZPA Wellington, Feb 11 NZPA - Fonterra farmers critical of regulations which compel them to supply 4 percent of the cooperative's raw milk to processing rivals at cost price say they want higher prices to be charged from June 1.

Good News And Bad For NZOG

Good News And Bad For NZOG
Wellington, Jan 29 NZPA - New Zealand Oil & Gas (NZOG) says commissioning of its Kupe oil field off the coast of Taranaki is progressing well and it hopes to have permanent production up and running by March.

First Shipment Of Kupe Oil Close

First Shipment Of Kupe Oil Close
Wellington, Jan 15 NZPA - The first shipment of light crude oil from the Kupe project is due to leave Port Taranaki next week.

Green Shoots Wither As Synlait Calls Off $150m Share Issue

Wellington, Nov 24 NZPA - Canterbury dairy company Synlait Milk Ltd has admitted it can't get enough support from investors for its planned $150 million float.

Container Shipping Services Combine

Container Shipping Services Combine
Wellington, July 15 NZPA - Two container shipping services between New Zealand and North Asia are being combined and the shipping lines concerned say it is because of a deteriorating market situation.

First Raw Gas From Kupe Expected Ashore In December Quarter

First Raw Gas From Kupe Expected Ashore In  December Quarter
Wellington, June 12 NZPA - The first raw gas from the Kupe field, off the south Taranaki coast, is expected to be brought ashore in the fourth quarter of this calendar year.

New Offshore Taranaki Exploration Permit For NZOG And Partners

New Offshore Taranaki Exploration Permit For NZOG And Partners
Wellington, March 20 NZPA - New Zealand Oil & Gas (NZOG) and its joint venture partners from the successful Tui oil fields development have been awarded a new exploration permit in the offshore Taranaki Basin.