Fuel & Energy
Diesel, fuel supply, prices and the energy that powers the fleet.
Z Energy boosts profit
Fuel retailer Z Energy has boosted its yearly profit by 8% Its net profit after tax rose in the 2017-18 financial year to $263 million from…
Petrol price regulations could aggravate: Shirley
Petrol price regulations are not the way to go, Road Transport Forum chief executive Ken Shirley says. The comments come after a leaked email revealed the…
Aucklanders to have say on fuel tax
Auckland Council might have approved an 11.5 cent regional fuel tax, but the city’s residents will still have a say on the proposal. They city’s motorists…
Petrol price tactics ‘alarming’
A leaked email has revealed pricing tactics in the petrol industry. An email obtained by Stuff.co.nz shows BP’s pricing manager planning to tackle poor sales in…
Electric buses shocking the oil industry
Seven years ago, BYD’s electric bus model shown at a conference was scoffed at. No-one’s laughing now, least of all the oil industry which could see…
Marsden Point set for shutdown
Marsden Point refinery is all set for an $85 million maintenance shutdown. The work is needed for statutory inspections of equipment located across the Refining NZ…
Govt to end offshore oil and gas exploration
Prime minister Jacinda Ardern has announced an end to New Zealand’s offshore oil and gas exploration. “There will be no further offshore oil and gas exploration…
Toyota begins production of Sora fuel cell bus
Toyota Motor Corporation has started sales of its Sora fuel cell bus with production underway. It’s the first of its kind to receive vehicle type certification…
Shell to sell off NZ oil and gas assets
Shell has reached an agreement to sell its New Zealand assets to Vienna-based oil and gas company OMV. The US$578 million deal includes eight Shell NZ…
Fuel rises push up producer prices
Higher fuel prices contributed to the rise in producer output and input prices in the December 2017 quarter, Stats NZ says. Transport is among those industries…