14 Jul 2026
3 months ago
744 views
Resources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.
13 Jul 2026
3 months ago
700 views
The Government is investing $12.5 million through the Regional Infrastructure Fund to develop Ōpōtiki Marina, supporting aquaculture growth and creating up to 87 construction jobs. Additionally, a $3 million grant will fund the Gas to Geoheat – Tauranga Geothermal System Project, exploring geothermal energy potential to support future renewable energy initiatives and create 15-20 jobs. These investments aim to unlock the Bay of Plenty’s natural resource potential, boost regional economic growth, job creation, and energy security.
13 Jul 2026
3 months ago
687 views
A major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.
08 Jul 2026
3 months ago
779 views
New Zealand has received its fifth petroleum permit application since lifting the exploration ban, with Taranaki Energy Pty Ltd applying to prospect in deepwater offshore Taranaki, an underexplored but highly prospective area. The proposed two-year work program involves seismic data reprocessing, basin modeling, and target identification to guide future investments, reflecting renewed momentum and growing confidence in the sector. The government’s open market regime allows continuous competitive applications, which will be assessed based on technical, financial, and compliance criteria to support energy security and economic resilience.
07 Jul 2026
3 months ago
714 views
Two refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.
06 Jul 2026
3 months ago
762 views
The New Zealand Government is funding two critical minerals processing projects on the West Coast through the Regional Infrastructure Fund, allocating up to $50 million to Tāiko Critical Minerals and Westland Mineral Sands. These projects aim to add value to exported minerals like titanium, zirconium, and rare earths by establishing domestic processing facilities, creating skilled jobs, and strengthening regional and national economies. The investments support long-term economic activity and contribute to a secure, diversified critical minerals supply chain essential for modern technologies and clean energy systems.
03 Jul 2026
3 months ago
882 views
The Māhinerangi Wind Farm project in Otago has received Fast-track approval to expand with 44 additional turbines, a new transmission line, substation, and a 60MW battery system, increasing its capacity to 190MW and generating enough electricity for about 68,000 homes. This approval, part of New Zealand’s broader Fast-track process to accelerate infrastructure development, supports regional economic growth and the country’s transition to secure, sustainable energy. The government emphasizes that fast-tracking renewable projects like this is crucial for enhancing energy security, affordability, and reliability nationwide.
30 Jun 2026
3 months ago
857 views
New Zealand is increasing funding and support to Pacific nations to enhance innovation, combat illegal fishing, and improve returns from tuna fisheries through the Forum Fisheries Agency (FFA) and the Pacific Islands Tuna Ventures programme (PITVP). The PITVP focuses on value-added opportunities, turning tuna by-products into high-value goods, thereby helping coastal communities benefit more fairly from their resources. Hosting the Forum Fisheries Committee Ministerial Meeting for the first time in 18 years, New Zealand emphasizes regional cooperation to ensure sustainable fisheries management and food security.
29 Jun 2026
3 months ago
817 views
The Government has approved up to $22.4 million to support the rail component of Te Utanganui, a major intermodal freight hub in Palmerston North linking rail, road, air, and sea. This funding, delivered in stages, will aid pre-construction and construction of the Bunnythorpe Regional Freight Hub, aiming to improve supply chain efficiency, drive economic growth, and create hundreds of jobs. The project, led by local agencies and supported by government investment, seeks to unlock industrial land, build resilience, and attract private sector co-investment to boost the lower North Island's logistics and manufacturing sectors.
28 Jun 2026
3 months ago
738 views
Oceans and Fisheries Minister Shane Jones is hosting the annual Forum Fisheries Ministerial Committee in Wellington, bringing together 16 Pacific Island fisheries ministers to focus on sustainable management of shared tuna resources in the Pacific region. The Western and Central Pacific Ocean supplies over 50% of the world’s tuna, with around 80% caught within Pacific Island Exclusive Economic Zones, making fisheries vital for regional economies and food security. The meeting aims to strengthen collaborative efforts on sustainable fishing limits, governance, and increasing the economic value of fisheries, with New Zealand playing a key role alongside Pacific Island partners and the Forum Fisheries Agency.
27 Jun 2026
3 months ago
728 views
The New Zealand Government is investing up to $8.6 million to establish Ngāmotu Marae in central New Plymouth, providing Ngāti Te Whiti with a long overdue home and serving as a cultural, social, and economic hub for the wider community. The marae will feature facilities like a wharenui and wharekai, doubling as an emergency lifeline offering food, shelter, and essential services during crises. With a total cost of $17.8 million and multiple co-funders, the project aims to support jobs during construction and foster long-term cultural tourism, local enterprise, and community development.
24 Jun 2026
3 months ago
827 views
Oceans and Fisheries Minister Shane Jones announced a public consultation on proposed changes to catch limits and sustainability measures for 22 fish stocks, emphasizing the use of scientific data and stakeholder input to ensure sustainable fishing practices. Significant catch reductions are proposed for tarakihi fisheries due to declining stock influenced by warming waters, while catch increases are suggested for snapper and trevally in certain areas where populations are thriving. The review also includes adjustments to deemed value rates for 11 fish stocks, with decisions to be finalized before the 2026 fishing year, and submissions open until July 24, 2026.
24 Jun 2026
3 months ago
787 views
Oceans and Fisheries Minister Shane Jones is seeking public feedback on proposed catch limit and sustainability changes for 22 fish stocks, including significant reductions for New Zealand’s tarakihi fisheries due to declining stock levels affected by warming waters. While tarakihi stocks continue to decline despite previous catch reductions, catch limits for snapper and trevally are proposed to increase in certain areas reflecting their growing abundance. The review also considers adjustments to deemed value rates for 11 fish stocks, with submissions open until July 24, 2026, and final decisions expected before the 2026 fishing year begins.
23 Jun 2026
4 months ago
783 views
A three-month closure of the rock lobster fishery in the Kaikoura Marine Area, starting 1 July, aims to sustain the fishery by protecting egg-carrying females and allowing smaller lobsters to grow. This closure, supported by local guardians and rūnanga, includes recreational, commercial, and customary fishing restrictions to enhance resilience ahead of the peak season. Fisheries New Zealand will conduct a stock assessment later this year, which may lead to adjustments in catch settings, following strong public support for the closure.
12 Jun 2026
4 months ago
1050 views
The Point Mission Bay retirement village in Auckland has received Fast-track approval to develop five interconnected buildings with 256 independent living units and 94 care suites, aiming to expand housing and care options for the growing over-65 population. This project, supported by Ngāti Whātua Ōrākei Whai Rawa Limited and Generus Living Group, is expected to create around 210 full-time jobs and contribute $3.8 million annually to the economy. It is the 24th project approved under New Zealand’s Fast-track process, which expedites infrastructure and housing developments to meet increasing demand and support economic growth.