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Oil

NZOG Awarded Exploration Permit For Another Taranaki Field

NZOG Awarded Exploration Permit For Another Taranaki Field
Wellington, Jan 28 NZPA - New Zealand Oil & Gas (NZOG) has been awarded a new exploration permit for an area next to the Kupe development off the coast of south Taranaki.

Tui Fields Produce 20 Millionth Barrel

Tui Fields Produce 20 Millionth Barrel
Wellington, Jan 8 NZPA - The 20 millionth barrel of oil has been produced from the Tui area oilfields in offshore Taranaki. And for the first time a shipment of Tui oil is to be sent to the Marsden Pt refinery, near Whangarei, to be refined in this country .

Sharemarket Starts Year In Positive, But Thin, Fashion

Sharemarket Starts Year In Positive, But Thin, Fashion
Wellington, Jan 5 NZPA - The New Zealand sharemarket started 2009 in positive fashion though trading was thin today. The benchmark NZSX-50 index closed 29.18 points, or 1.07 percent higher, at 2744.89 on light turnover of 17.8 million shares worth $35.7m.

Kiwi Opens Firmer Against Greenback And Other Currencies

Kiwi Opens Firmer Against Greenback And Other Currencies
Wellington, Dec 30 NZPA - The New Zealand dollar opened firmer in local trading today against the US dollar, amid renewed concerns about the US economy and heightened tensions in the Middle East. The kiwi was buying US57.97c at 8am, compared with US57.63c at 5pm yesterday.

Modest Gains For NZ Sharemarket In Thin Holiday Trade

Modest Gains For NZ Sharemarket In Thin Holiday Trade
Wellington, Dec 29 NZPA - The New Zealand sharemarket managed modest gains in holiday-thinned trade on the first day back after Christmas. The benchmark NZSX-50 index ended the day up 9.58 points at 2677.64, having been nearly 20 points ahead at one stage.

NZ Secures Options To Meet Fuel Reserve Obligation

NZ Secures Options To Meet Fuel Reserve Obligation
Wellington, Dec 29 NZPA - New Zealand has secured options for 2009 to buy oil and petrol in the event an emergency is declared by the International Energy Agency (IEA). This country has an IEA obligation to hold 90 days of the previous year's net fuel imports.

NZ Sharemarket Makes Small Gain When Opens After Christmas Break

NZ Sharemarket Makes Small Gain When Opens After Christmas Break
Wellington, Dec 29 NZPA - The New Zealand sharemarket gained early when it reopened after the Christmas break, despite a drop in Telecom's share price.

NZ Sharemarket Posts Modest Gains In Light Volume

NZ Sharemarket Posts Modest Gains In Light Volume
Wellington, Dec 22 NZPA - The New Zealand share market posted modest gains in light volume in a decidedly pre-Christmas market today. The benchmark NZSX-50 index closed up 24.445 points, or 0.921 percent, at 2679.754.

NZ Sharemarket Sees Small Gains In Early Trade

NZ Sharemarket Sees Small Gains In Early Trade
Wellington, Dec 22 NZPA - The New Zealand sharemarket had a small lift in early trading, as leading stock Telecom gained.

NZ Share Market Drops More Than Half A Percent In Opening

NZ Share Market Drops More Than Half A Percent In Opening
Wellington, Dec 19 NZPA - The New Zealand share market dipped first thing this morning, erasing any gains made at the end of trading yesterday. The benchmark NZX-50 index dropped 18.928 points, or 0.699 percent, to 2688.663 from 2707.591 in the few minutes after 10am today.

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