Ampol agrees to buy New Zealand’s Z Energy for $1.4bn
The transaction is expected to create a Trans-Tasman fuel player holding approximately 2,400 fuel sites.
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Australia’s Ampol offers to buy Z Energy for $1.3bn
Ampol may divest its New Zealand fuel distribution business to secure Commerce Commission’s approval for the deal.
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Greenpeace claims win as OMV postpones New Zealand drilling plans
Environmental organisation Greenpeace is claiming “a win of generational significance” after OMV announced plans to postpone drilling of its Maui-8…
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Beach Energy acquires stake in exploration permit offshore New Zealand
Beach Energy has signed an agreement with OMV GSB to acquire a 30% participating interest in exploration permit (EP) PEP50119…
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Archer wins contract from OMV for modular drilling rig Archer Emerald
Archer, an oilfield service company based in Bermuda, has secured a contract from New Zealand-based OMV Taranaki for the provision…
New Zealand proposes huge oil spill insurance increases
The New Zealand Government has announced a new proposal to better protect taxpayers from the cost of potential oil spills.
EPA approves Tamarind Taranaki’s applications for Tui Area Oil Field
New Zealand's Environmental Protection Authority (EPA) has conditionally approved oil and gas operator Tamarind Taranaki’s applications regarding activities in the…
Shell sells stakes in New Zealand upstream business to OMV for $578m
Royal Dutch Shell has completed the $578m sale of its shares in New Zealand upstream business to integrated oil and…