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Latest New Zealand Oil & Gas News

  • Australian market closes higher; All Ordinaries above 6,000 16 May 2008 10:20 GMT
    ... higher gold prices in Sydney. In the oil sector, Woodside Petroleum edged up 0.3%, Santos jumped 3.3% and ... Search surged 3.0%. Among banks, Australia and New Zealand Bank climbed 2.9%, National Australia Bank gained ...

  • Letters, May 15: Why give to govt coffers? 16 May 2008 08:09 GMT
    ... value of your money. When the international oil-producing countries put the oil price up, New Zealand petrol companies should hold the pump price ... virtually an insignificant proportion of our greenhouse gas when compared with water vapour. And the ...

  • NZ Stocks: Market ends week with 1 percent gain 16 May 2008 07:52 GMT
    ... Hamilton Hindin Greene partner Grant Williamson. "The New Zealand dollar still seems to be under quite ... close since January, as a pullback in oil prices eased concerns about inflation. ...

  • May 16 - Close: Market closes on a positive 16 May 2008 07:52 GMT
    ... Hamilton Hindin Greene partner Grant Williamson. "The New Zealand dollar still seems to be under quite ... close since January, as a pullback in oil prices eased concerns about inflation. ...

  • NZ wholesale inflation up sharply in first quarter 16 May 2008 07:17 GMT
    ... Aust Business News) Producer input prices in New Zealand unexpectedly spiked 2.3%q/q in 1Q (JPMorgan 1.5%, ... and supply index, alongside higher crude and oil prices. Prices paid by power companies surged 42%q/q ... policy, with significant price pressures in the pipeline, there is little scope for the RBNZ ...

  • Changes in substantial shareholdings: Sellers 16 May 2008 07:17 GMT
    ... to 10.5 million stapled securities (6.3pc). Woodside Petroleum Ltd ceased to be a substantial holder ... Geodynamics Ltd on May 15. Australia and New Zealand Banking Group Ltd reduced its interest ...

  • OPEC cuts forecast for global growth in oil demand in 2008 16 May 2008 06:06 GMT
    ... The OPEC Reference Basket reached a record high in ... dampen growth in the months ahead. World oil demand in April grew mostly in the non-OECD ... made to Mexico, Norway, UK, Denmark, Australia, New Zealand, Brazil and Russia were partially offset by ...

  • Ignorance of world outside the U.S. undermining our country 16 May 2008 05:59 GMT
    ... many of the students confused it with New Zealand. Fifty-five percent could not find Iran. The ... the late 1970s, after the country's first oil-price shocks, a Gallup poll showed that more ... States had to import part of its petroleum. Within the next 10 years, the price ...

  • Asian markets rise as Wall Street extends gains 16 May 2008 05:52 GMT
    ... on the back of a pullback in oil prices and some mixed economic data. The ... in Sydney. In the oil sector, Woodside Petroleum edged up 0.06%, Santos added 1.28% and ... 3.38%. Banks were mixed, with Australia and New Zealand Bank climbing 1.43%, National Australia Bank adding ...


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