Fuel & Energy
Diesel, fuel supply, prices and the energy that powers the fleet.
Z Energy reports tough competition, weaker profit
Z Energy has reported $28 million net profit after tax for its half-year results – down 80% from the previous six month period to September 30…
Z Energy appoints new independent director
Z Energy has appointed Mark Malpass as independent director to the board, effectively immediately. “Mark is an experienced board director and chief executive with considerable relevant…
Scania signs renewable fuel deal
Scania Australia has signed a memorandum of understanding with supplier Refuelling Solutions to low-emission alternative and renewable fuels. It marks the fifth MOU signed by Scania…
Fuel crisis ‘could have been far worse’, report says
Auckland’s jet fuel supply is “not sufficiently resilient” and urgent investment and legislative changes are needed, according to a Government inquiry into the 2017 fuel crisis. The just…
Crude prices jump after attack
Brent crude oil contracts jumped more than 20% at the Asia Pacific opening on Monday morning. It follows a co-ordinated drone attack on two major oil…
Gull set to open first South Island site
Gull is all set to open its first South Island fuel retail sites bringing “much needed competition” to the Mainland. The first site will open in…
Z Energy among firms being sued for climate change
An environmental activist is taking action against New Zealand’s top carbon emitters in the Auckland High Court. Climate Change Iwi Leaders Group chairman Mike Smith has…
MTA supports fuel market report
The Motor Trade Association (MTA) is welcoming the release of the Commerce Commission’s draft report on retail fuel market competition. MTA chief executive Craig Pomare says…
Z Energy responds to fuel market report
Z Energy says it welcomes the Commerce Commission’s draft report on competition in the fuel retail market. Z chief executive Mike Bennetts says the company supports…
Fuel prices too high, Commerce Commission says
Kiwis are being ripped off at the pump in an uncompetitive fuel market. That’s according to the Commerce Commission’s draft findings into the New Zealand retail market for petrol…