Articles tagged with Shane Jones
Independent Review Finds New Zealand's Minerals Royalty Regime Transparent and Competitive
2 days ago | 84 viewsAn independent Deloitte review found New Zealand's minerals royalty regime transparent and comparable to similar countries, with most royalty revenue derived from legacy permits predating the 2013 framework. The report highlights the trade-offs between Crown returns, investment certainty, and sector stability, emphasizing the importance of fair returns amid emerging critical minerals opportunities. Policy work will continue with further advice in 2027, while decisions on changes will be made in the next government term.
Tags: Shane Jones New Zealand Deloitte New Zealand Ministry of Business Innovation & Employment minerals royalty regime Crown mining royalties mineral development critical minerals government policyProposed Rock Lobster Fishing Rules for Aotea-Great Barrier: Have Your Say
3 days ago | 79 viewsOceans and Fisheries Minister Shane Jones is seeking public feedback on proposals to manage rock lobster fishing around Aotea-Great Barrier Island, aiming to ensure long-term sustainability as requested by local boards and iwi trusts. Proposed measures include establishing recreational-only zones, reducing daily catch limits, introducing closed seasons during breeding, setting maximum legal sizes, and limiting accumulation of catch to protect lobster populations. These efforts, supported by community groups and Fisheries New Zealand, are part of broader protections to rebuild lobster stocks and address local concerns, with consultation open until 4 September 2026.
Tags: Shane Jones Ngāti Rehua Ngātiwai ki Aotea Aotea Ahu Moana Project Fisheries New Zealand rock lobster Hauraki Gulf Northland MPI Great Barrier localsHauraki Gulf Shellfish Harvest Ban Extended for Two More Years to Protect Fisheries
5 days ago | 157 viewsA two-year extension has been granted for shellfish harvesting bans at Umupuia Beach, Te Mātā and Waipatukahu, and Waiheke Island in the Hauraki Gulf, requested by local iwi groups to help replenish marine resources. These closures support the Pou Rāhui Research Project, which combines mātauranga Māori and scientific methods to restore important species and train whānau in sustainable practices. The bans, effective from August 7, 2026, cover specific shellfish species and areas, aiming to ensure long-term sustainability and kaitiakitanga of customary fisheries.
Tags: Shane Jones Ngāi Tai Ki Tamaki Ngāti Tamaterā Ngāti Pāoa Pou Rāhui Research Project Hauraki Gulf Umupuia Beach Te Mātā Waipatukahu Waiheke IslandNew Zealand Launches Gas Transition Loan Guarantee Scheme to Support Businesses
1 week ago | 133 viewsThe Gas Transition Loan Guarantee Scheme, launched by the New Zealand government, aims to help businesses reduce reliance on gas by providing loan guarantees covering 80% of default risk, enabling banks to offer better lending terms and unlock up to $1.2 billion in financing. This initiative supports regional industries facing high gas prices and supply uncertainty by promoting energy efficiency and alternative energy investments to maintain competitiveness and protect jobs. Additionally, the Energy Efficiency and Conservation Authority offers independent support to help businesses assess energy options and plan practical transitions.
Tags: Nicola Willis Simeon Brown Shane Jones Gas Transition Loan Guarantee Scheme New Zealand Energy Efficiency and Conservation Authority ANZ ASB BNZ KiwibankNew Offshore Petroleum Exploration Permit Granted in Taranaki Basin, NZ
1 week ago | 170 viewsNew Zealand has granted its first new offshore petroleum exploration permit since reversing the ban, awarding Australian company EnZed Energy a 12-year permit for a 546 sq km area east of the Kupe gas field in the Taranaki Basin. This move signals renewed investor confidence and aims to address declining natural gas reserves, which have dropped 23% to the lowest level in over two decades, emphasizing the importance of exploration for future energy security. The government highlights that natural gas remains crucial for electricity generation and industry, and exploration is essential to assess New Zealand’s remaining resource potential.
Tags: Shane Jones EnZed Energy New Zealand Petroleum and Minerals Kupe gas field Taranaki Basin Kaheru prospect Coalition Government petroleum exploration natural gas energy securityPermanent Fishing Ban and New Limits to Protect Endangered Hoiho from Bycatch
1 week ago | 173 viewsLong-term protections to reduce fishing risks to the endangered northern hoiho population will become permanent from 16 September 2026, including a ban on set-net fishing around the Otago Peninsula. A new Fishing Related Mortality Limit (FRML) framework, setting an annual bycatch limit of four hoiho, will enable swift action if limits are exceeded, aiming to halve hoiho deaths from fisheries bycatch. While fisheries bycatch is not the primary threat, with disease, predation, and starvation being greater risks, these measures will contribute to stabilizing the population.
Tags: hoiho Shane Jones Otago Peninsula Fishing Related Mortality Limit FRML fisheries bycatch endangered speciesNew Zealand Minerals Strategy Year One: Boosting Growth, Jobs, and Exports
2 weeks ago | 204 viewsOne year after launching A Minerals Strategy for New Zealand to 2040, the government has made significant progress by implementing policies and reforms that have increased mineral exports, production, employment, and permitting activity. Key achievements include establishing a Critical Minerals List, enhancing global partnerships, improving geoscience data access, and creating a more efficient regulatory framework, which have boosted investor confidence and sector growth. Moving forward, the focus will be on expanding international partnerships, attracting investment, reviewing royalty settings, and maximizing value from critical minerals through processing, refining, and innovation to sustain long-term economic benefits.
Tags: Shane Jones Minerals Strategy New Zealand Critical Minerals Mineral Exports Resources Minister Minerals Sector Petroleum and Minerals Regional Infrastructure Fund Resource Management ReformsJohn Rae Reappointed Chair of Crown Regional Holdings Board for Three Years
3 weeks ago | 220 viewsJohn Rae has been reappointed Chair of the Crown Regional Holdings Limited Board for three more years due to his extensive legal, financial, and governance expertise. Crown Regional Holdings manages significant government investments aimed at supporting regional economic development across New Zealand, with a diverse portfolio spanning eight regional funds, 13 regions, and 19 industry sectors. As of the 2025 financial year, CRHL oversees 201 active contracts totaling $1,085 million in loans, equity, and capital assets, reflecting the government’s commitment to regional growth.
Tags: John Rae Shane Jones Crown Regional Holdings Limited CRHL regional development New Zealand regional investment governance financial experienceNew Petroleum Exploration Permit Application Invites Investment in NZ Offshore Basin
3 weeks ago | 270 viewsResources 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.
Tags: Shane Jones Sunda Energy New Zealand Petroleum and Minerals Matahio Energy Taranaki Basin Cheal Sidewinder Puka Awakino Crown Minerals ActGovernment Invests $15.5M in Bay of Plenty Marina and Geothermal Projects
3 weeks ago | 250 viewsThe 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.
Tags: Shane Jones Bay of Plenty Ōpōtiki Marina Regional Infrastructure Fund aquaculture GeoExchange NZ Limited Tauranga Geothermal System geothermal energy Te Kaha Mount MaunganuiBay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi
3 weeks ago | 249 viewsA 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.
Tags: Shane Jones Crown Bay of Plenty Māori Commercial Aquaculture Claims Settlement Act Tauranga New Zealand Aquaculture Development Plan mussel farming aquaculture settlementRenewed Petroleum Exploration in Taranaki Basin as NZ Lifts Ban
1 month ago | 329 viewsNew 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.
Tags: Shane Jones Taranaki Basin New Zealand Petroleum and Minerals Taranaki Energy Pancontinental Energy petroleum exploration exploration ban Minerals Programme for Petroleum 2025 Crown Minerals Act 1991 deepwater offshore TaranakiNew Zealand Launches Strategic Diesel Reserve with Refurbished Marsden Point Tanks
1 month ago | 285 viewsTwo 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.
Tags: Nicola Willis Shane Jones Christopher Luxon Rob Buchanan Z Energy Marsden Point New Zealand Channel Infrastructure Regional Infrastructure Fund MBIEGovernment Funds $50M for West Coast Critical Minerals Processing Projects
1 month ago | 309 viewsThe 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.
Tags: Shane Jones Tāiko Critical Minerals Westland Mineral Sands Regional Infrastructure Fund critical minerals New Zealand mineral processing titanium zirconium monaziteNew Zealand Boosts Funding to Support Pacific Fisheries and Tuna Innovation
1 month ago | 410 viewsNew 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.
Tags: New Zealand Winston Peters Shane Jones Pacific nations Forum Fisheries Agency Forum Fisheries Committee Pacific Islands Tuna Ventures tuna fisheries illegal fishing fisheries sustainability