17 Apr 2026
6 months ago
1128 views
The opening of the new hardstand and 550-tonne mobile boat hoist at Port Nelson enhances the region’s marine servicing capacity by allowing larger vessels to be serviced separately from smaller ones. Funded by a $9.8 million Crown equity investment and contributions from local councils, the Calwell facility now supports vessels from 50 to 2400 tonnes and strengthens Nelson’s marine industry, preserving jobs and skills. Additionally, a $12.89 million loan will fund a neighbouring marina upgrade to increase hardstand capacity and install a 110-tonne hoist, with construction starting in May.
09 Apr 2026
6 months ago
1320 views
Resources Minister Shane Jones welcomes the sale of Matahio Energy’s New Zealand assets to Sunda Energy as a positive sign of growing international interest and investment in the country’s petroleum sector. The transaction includes established onshore oil and gas operations in Taranaki and supports economic resilience, energy security, and regional development. Sunda Energy will now seek regulatory approvals, with the deal reflecting confidence in New Zealand’s oil and gas future and the importance of revitalizing proven assets.
02 Apr 2026
6 months ago
1218 views
The New Zealand Government will invest up to $21.6 million from the Regional Infrastructure Fund to support Channel Infrastructure NZ Ltd in increasing diesel storage capacity by 90 million litres at Marsden Point, enhancing fuel resilience amid global supply disruptions. The project aims to recommission storage tanks within two months to secure diesel supplies beyond the current secure period until the end of May. This initiative addresses the critical need for large-scale fuel storage, particularly for diesel, which is vital to the economy, and work is set to begin imminently with close government oversight.
31 Mar 2026
6 months ago
1162 views
Mystery Creek near Hamilton is upgrading its over-50-year-old water infrastructure with a $1.35 million Regional Infrastructure Fund loan to increase water storage and support growing visitor numbers. The site hosts National Fieldays, attracting over 110,000 visitors and generating significant economic impact, as well as more than 100 other events annually, and serves as a critical Civil Defence logistics hub. The project includes replacing the water network, installing a 600,000-litre tank, creating up to seven jobs, and aims to enhance safety, accessibility, and resilience ahead of this year’s Fieldays.
27 Mar 2026
7 months ago
1530 views
The Government has updated the National Fuel Plan to address potential fuel supply risks stemming from the Middle East conflict, outlining four phased responses tailored to petrol, diesel, and jet fuel. These phases range from monitoring and voluntary conservation measures to stronger interventions prioritizing critical services, with decisions guided by six specific assessment criteria and overseen by the Fuel Security Ministerial Oversight Group. The plan emphasizes early action, industry cooperation, and stakeholder engagement to ensure fuel security and economic stability while preparing for various disruption scenarios.
27 Mar 2026
7 months ago
1446 views
A ban on harvesting spiny rock lobster from the east coast of Northland to Hauraki Gulf, effective April 1, 2026, will create a network of closures to help rebuild the fishery. Recreational daily bag limits for spiny rock lobster and packhorse rock lobster are also reduced to prevent shifting fishing pressure, with strict enforcement and penalties for violations. These measures aim to restore ecological balance, address kina barrens, and ensure the fishery’s long-term sustainability.
26 Mar 2026
7 months ago
1284 views
Catch limits for spiny rock lobster have been reduced in Gisborne (CRA 3) due to ongoing pressure and cyclone impacts, with a 49-tonne reduction in commercial catch and efforts to spread fishing activity for stock recovery. Conversely, the Otago fishery (CRA 7) shows positive signs, prompting a 21.9-tonne increase in commercial catch limits to support the local economy. The review also confirmed current catch settings for Southern blue whiting remain appropriate, with changes effective from April 1, 2026, following consultation with stakeholders.
25 Mar 2026
7 months ago
1481 views
Hamilton Airport will receive a $6.5 million loan from the Regional Infrastructure Fund to extend its runway by 255 meters, enhancing its capacity and resilience as a key hub for domestic and international freight and passenger transport. The upgrade, including apron expansion and lighting improvements, supports Waikato’s major manufacturers and exporters and provides an alternative airport option during disruptions at other North Island airports. The project, led by Waikato Regional Airport Ltd with a $3.3 million contribution, is expected to create up to 39 local jobs and strengthen New Zealand’s national aviation network.
24 Mar 2026
7 months ago
1376 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
1153 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
1167 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
1347 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
1300 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
1209 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
1266 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.