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New Zealand Herald  - Energy
  • Windflow tips bigger loss
    Windflow Technology says it now expects to make a loss of $7.95 million in the year to June 30, which is wider than an earlier estimate of between $5 million and $6 million. The company is providing more for the costs of remedial...

  • BP report blames itself, others for Gulf oil spill
    NEW ORLEANS - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.The 193-page...

  • Contact Energy joins GST price push
    Contact Energy is the latest power company to signal it will increase its prices when GST rises on October 1.The Government is increasing GST to 15 per cent, from 12.5 per cent, at the same time as cutting personal tax rates.Prime...

  • Shell competes for labour skills
    Royal Dutch Shell says it will look to non-traditional sources for labour for its Prelude floating liquefied natural gas project off Western Australia.The move comes amid expectations Chevron's huge Gorgon LNG project will hog...

  • NZOG buyback to boost share price
    New Zealand Oil & Gas intends to buy back 8.5 million of its ordinary shares to boost its share price, which it says is "significantly below fair value".With over 389 million listed shares, the NZOG share price closed up 4c or...

  • Pay deal reached for Kapuni plant
    Engineering, Printing and Manufacturing Union (EPMU) members employed at Vector Taranaki's Kapuni gas treatment plant have agreed a 10 per cent pay rise over the next two years.The agreement was ratified at the weekend, said EPMU...