Infrastructure
Time for congestion pricing has come - NZIER
By Gavin Evans Sept. 20 (BusinessDesk) - Options being considered to fund transport development in Auckland and ease road congestion need to be part of a consistent framework that can be applied in other parts of the country, the New Zealand Institute of Economic Research says...
Todd plans Kapuni drilling campaign
By Gavin Evans Sept. 20 (BusinessDesk) - Todd Energy is preparing for a new round of drilling to extend reserves and production at the onshore Kapuni gas field. The company acquired full control of the country’s oldest gas field in August 2017. The drilling, planned for ear...
Auckland jet fuel arrangements a potential barrier to new entrants
By Gavin Evans Sept. 18 (BusinessDesk) - The three major oil companies’ control of fuelling at Auckland International Airport is a potential barrier to competition and should be reviewed as part of the airport’s redevelopment, a government inquiry says. Ownership of the jet...
Refining NZ margins jump to 18-month high
By Gavin Evans Sept. 18 (BusinessDesk) - Processing margins at the Marsden Point oil refinery jumped to an 18-month high after the closure of a key US refinery and unplanned outages at plants in Asia. Refining NZ says it earned an average US$7.10 on each barrel of crude oil...
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