Ports of Auckland is not viable as the main import terminal for the upper North Island long term, Prime Minister Jacinda Ardern says.The final report from the government-commissioned Upper North Island Supply Chain Strategy study will be published Thursday.While Ardern would not...
National grid operator Transpower intends to reschedule maintenance work in the South Island after weekend flooding took out one of the four lines it has crossing the Rangitata River between Timaru and Ashburton.Nine transmission towers on the firm’s 220-kilovolt circuit between...
Todd Corp is planning to spend $3 billion over the next 10 years in New Zealand on solar electricity, natural gas-fired power stations, and further developing its Taranaki gas fields. Two-thirds of that total will go to extracting more natural gas from Todd's Mangahewa onshore Ta...
The Commerce Commission’s views on profitability in the retail fuel sector would be “materially different” if they had looked at current earnings, Z Energy chief executive Mike Bennetts says.Margins in the industry have fallen materially from even a year ago and the picture today...