Wellington, Aug 12 NZPA - The New Zealand dollar fell to an 11-month low against the greenback shortly before 8am today, as the US currency gained while the price of oil continued to fall.
by Pam Graham of NZPA Wellington, Aug 11 NZPA - The New Zealand sharemarket started the week solidly, after US stocks ended last week by soaring.
Wellington, Aug 11 NZPA - The New Zealand sharemarket started the week solidly, after US stocks ended last week by soaring after oil prices plunged.
Wellington, Aug 8 NZPA - Australian-based Origin Energy Ltd says it will drill for oil in deep water off the Dunedin coast.
Wellington, Aug 7 NZPA - Oil and gas reserves in this country's largest petroleum field at Pohokura, offshore from New Plymouth, have both been lifted.
By Melanie Carroll of NZPA Wellington, Aug 5 NZPA - New Zealand shares turned negative today, but managed to avoid heavier falls seen offshore after Wall Street was sold off.
Wellington, Aug 5 NZPA - The New Zealand sharemarket slipped early, following in the footsteps of US equities, and as top stock Telecom shed 4c . Around 10.10am today the benchmark NZSX-50 index was down 4.71 points to 3314.51, having gained 16 points yesterday.
Wellington, Aug 1 NZPA - British biofuel producer Argent Energy says it is shelving plans to invest more than $100 million in New Zealand. Dickon Posnett, managing director of Argent Energy's New Zealand subsidiary, said the proposed Biofuels Bill made the playing field too uneven.
by Pam Graham of NZPA Wellington, July 31 NZPA - Shares in retailer The Warehouse tumbled today, following a Court of Appeal decision preventing takeover bids by Woolworths and Foodstuffs.
Wellington, July 31 NZPA - The company controlling New Zealand's Cheal oilfield, oil and gas producer and explorer, TAG Oil Ltd, says it was making $US50 ($NZ68) surplus on every barrel of oil it pumped out of the field last year.
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