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New Zealand Refining Co

Infratil, Superfund complete Shell purchase

Infratil, Superfund complete Shell purchase
Wellington, March 29 NZPA - Infrastructure investor Infratil is confident further opportunities will arise from its 50/50 joint venture with New Zealand Superannuation to buy Shell New Zealand's downstream assets.

Shell Deal Not Far Away

Shell Deal Not Far Away
Wellington, Feb 22 NZPA - The sale of Shell's New Zealand service stations to Infratil and the New Zealand Superannuation Fund may be weeks rather than months away.

New Zealand Sharemarket Eases On Profit-Taking

New Zealand Sharemarket Eases On Profit-Taking
Wellington, Jan 15 NZPA - The New Zealand sharemarket eased today mostly due to profit-taking in leading shares. The downward move gained momentum as the session progressed and also reflected weakness in the Australian sharemarket.

NZ Sharemarket Flat Early

NZ Sharemarket Flat Early
Wellington, Jan 15 NZPA - Shares in the New Zealand Refining Co rose 3 percent in early trading as they continued to edge away from a 4-1/2-year low touched earlier this month. Shares in the oil refiner were up 11c to 384 after dropping as low 355 on January 6.

Appointment Brings NZ Super Fund And Infratil Even Closer

Appointment Brings NZ Super Fund And Infratil Even Closer
Wellington, Nov 6 NZPA - The Government has brought the New Zealand Superannuation Fund and infrastructure company Infratil even closer today with a key appointment.

Infratil, NZ Superannuation Fund Looking At Shell NZ Assets

Infratil, NZ Superannuation Fund Looking At Shell NZ Assets
Wellington, Nov 3 NZPA - A consortium of the New Zealand Superannuation Fund and infrastructure investor Infratil has entered into exclusive negotiations with Shell over possibly buying Shell New Zealand's refining, and distribution and retailing businesses.

Indian State Oil Market Eyed As Buyer For Shell NZ Network

Wellington, July 15 NZPA - The Shell oil company is looking at selling all of its petrol stations in New Zealand -- and a stake in the Marsden Point refinery -- and news reports say the buyer could be an Indian oil company.

High Margins No More For Marsden Pt Refinery

High Margins No More For Marsden Pt Refinery
Wellington, April 23 NZPA - The New Zealand Refining Co is no longer enjoying the high margins of recent years, shareholders were told at its annual meeting.

NZ Shares Up 6.9 Pct In Early Trading

Wellington, Oct 14 NZPA - The New Zealand sharemarket raced up in early trading, after global stocks bounced off five-year lows as they surged to record single-day gains.

NZX Down 0.8pct Early, Despite Weekend Of Global Crisis Meetings

Wellington, Oct 13 NZPA - Despite a weekend of international financial crisis talks, New Zealand investors appear to have remained despondent with the sharemarket losing more ground in early trade.

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