24 Mar 2026
7 months ago
1340 views
A new prospecting permit application by CBX Energy Limited in the offshore Canterbury Basin reflects renewed confidence in New Zealand’s oil and gas sector, aiming to conduct technical and economic studies for basin development. The Canterbury Basin is a promising but underexplored area with potential hydrocarbons, offering opportunities to enhance domestic energy resources and economic growth. New Zealand Petroleum & Minerals is accepting competing applications until June 24, prioritizing them under the Minerals Programme for Petroleum 2025, with decisions expected later this year.
23 Mar 2026
7 months ago
1129 views
The New Zealand Government is temporarily allowing fuel meeting Australian specifications to be supplied domestically to enhance fuel supply resilience amid tight global markets. This alignment removes technical barriers, enabling importers to access a broader range of shipments without compromising vehicle compatibility or safety standards. While New Zealand will not relax sulfur limits like Australia, the measure may remain for up to 12 months and will be reviewed as market conditions evolve.
19 Mar 2026
7 months ago
1149 views
The proposal to allow commercial fishers in northern North Island to retain and sell certain reef fish caught as bycatch will not proceed, according to Oceans and Fisheries Minister Shane Jones. After considering over 22,000 public submissions and sustainability concerns, the historic ban protecting these species since 1993 will remain. The decision is part of a broader consultation on commercial fishing regulations, with further announcements forthcoming.
19 Mar 2026
7 months ago
1314 views
New Zealand will release 1.577 million barrels of crude oil purchase options, known as oil tickets, to support the International Energy Agency’s collective response to oil supply disruptions caused by the Strait of Hormuz closure. This contribution, part of a larger IEA release of 400 million barrels, aims to ease global refinery pressure and stabilize markets without affecting New Zealand’s domestic fuel security. The released tickets pertain to crude oil and fuels incompatible with New Zealand’s system, meaning no physical oil supply will be directly released.
18 Mar 2026
7 months ago
1826 views
National Green Steel Limited’s structural steel manufacturing plant in Hampton Downs, Waikato, has been approved through the Fast-track process, aiming to produce 200,000 tonnes of recycled steel annually using low-carbon electric arc furnace technology. The project will reduce steel imports, enable local recycling of scrap metal, create about 200 skilled jobs, and support New Zealand’s infrastructure development by strengthening supply chains. This is the 13th project approved under Fast-track and the first infrastructure project involving steel manufacturing, reflecting industry readiness to invest in sustainable infrastructure solutions.
18 Mar 2026
7 months ago
1270 views
New Zealand currently maintains healthy fuel stocks, with about 49 days of petrol, diesel, and jet fuel supply available, including fuel in storage and shipments en route. The government is enhancing fuel data reporting and working closely with industry to monitor supply risks, ensuring readiness amid global uncertainties like the Strait of Hormuz closure. Authorities emphasize there is no need for fuel restrictions at this time, assuring the public that any changes will be communicated promptly with mitigation plans in place.
17 Mar 2026
7 months ago
1173 views
The New Zealand Government has ringfenced $50 million from the Regional Infrastructure Fund to support early-stage geothermal projects, aiming to de-risk exploration and boost regional productivity and resilience. So far, three projects have received funding, including two $10 million loans for the Taumanu and Kopura geothermal projects and a $3 million grant for the Whakatāne Geothermal Temperature Gradient Well Programme. These initiatives are expected to create jobs, promote Māori economic development, and enhance renewable energy capacity through exploration and potential new geothermal power stations.
17 Mar 2026
7 months ago
1236 views
The Government has launched the "From the Ground Up" strategy to double geothermal energy use by 2040, aiming to boost investment, modernize regulations, and support both traditional and next-generation geothermal technologies. The plan emphasizes regional economic growth, Māori partnerships, and unlocking the cultural and economic value of geothermal resources. By improving development conditions and fostering innovation, the strategy seeks to enhance New Zealand's energy resilience and position it as a global leader in geothermal power.
12 Mar 2026
7 months ago
1127 views
A ban on gathering marine life from rockpools and coastal waters in the Hauraki Gulf north of Auckland has come into effect to preserve ecological areas and ensure fishery sustainability. Fishery Officers will patrol key locations to enforce the closure, with fines up to $100,000 for violations, and educational efforts are underway in partnership with local iwi and communities. Fisheries New Zealand, working with Ngāti Manuhiri, has implemented this temporary closure alongside educational materials to raise awareness about the cultural and environmental importance of protecting intertidal ecosystems.
12 Mar 2026
7 months ago
1157 views
Prime Minister Christopher Luxon will visit Samoa and Tonga to strengthen New Zealand’s ties with these key Pacific nations, reflecting the deep family connections shared by over 300,000 Samoan and Tongan New Zealanders. This trip marks New Zealand’s first full engagement with the new governments, aiming to build trust and collaborate on prosperity and security issues. Accompanied by senior officials, business leaders, and community representatives, Luxon will also celebrate cultural and economic links during the visit from March 15 to 18.
11 Mar 2026
7 months ago
1141 views
New Zealand and Australia successfully secured a two-year extension of orange roughy catch limits in the South Pacific through the SPRFMO, supporting sustainable fisheries and local jobs. While a proposal to increase bycatch thresholds was rejected, New Zealand’s measures to protect seabirds and progress on binding labor standards for fishing vessel crews were adopted or advanced. Oceans and Fisheries Minister Shane Jones emphasized ongoing efforts to balance environmental protection with economic benefits and to maintain access to viable fisheries in the region.
11 Mar 2026
7 months ago
1385 views
The Sunfield Masterplanned Community in Auckland, approved through the Fast-track system, will deliver approximately 3,854 new homes, a town centre, healthcare services, retirement villages, and extensive green spaces, generating up to $3.2 billion for the economy and creating thousands of jobs. The approval process took 10 months, with concerns about infrastructure capacity addressed through development design and consent conditions ensuring growth funds its own infrastructure needs. This project marks the seventh housing development approved via Fast-track, highlighting the system’s effectiveness in accelerating major projects to support housing supply, jobs, and growth in Auckland.
20 Feb 2026
8 months ago
1294 views
New Zealand has joined 32 member countries at the 2026 International Energy Agency Ministerial meeting in endorsing a Declaration to strengthen global cooperation on critical minerals essential for the clean energy transition and long-term energy security. The Declaration directs the IEA to enhance data collection, market monitoring, emergency preparedness, and innovation in recycling and recovery, while New Zealand aims to leverage its mineral resources and strong environmental standards to become a reliable supplier in global critical mineral supply chains. Resources Minister Shane Jones emphasized that responsible development of these minerals will boost economic resilience, create skilled jobs, and strengthen international partnerships.
19 Feb 2026
8 months ago
1200 views
The New Zealand Government has allocated $80 million from the Regional Infrastructure Fund to develop and process domestic critical minerals, aiming to boost jobs, investment, and regional economic recovery. Critical minerals are vital for modern technologies and global supply chains, and New Zealand seeks to position itself as a reliable source while fostering advanced processing and international partnerships. The funding supports projects aligned with the Minerals Strategy, with applications accepted and successful initiatives to be announced after evaluation.
17 Feb 2026
8 months ago
1193 views
Andy Knight has been appointed chair of the expert panel advising the New Zealand Government on applications to the $200 million Gas Security Fund, which aims to enhance domestic gas supply and storage amid declining production. The panel also includes geophysicist Tim Allan and energy sector professional John Pagani, with two more members to be appointed, and will provide independent, expert advice to decision-making ministers Shane Jones and Chris Bishop. The fund, administered by Kānoa – Regional Economic Development & Investment Unit, supports projects with short- to long-term benefits to secure affordable and reliable gas for New Zealand’s economy.