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petrol

Government signals fuel tax cuts might come to a screeching halt after 3 months, as officials warn gradually removing discounts could be tricky
12th Apr 22, 4:08pm
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Government signals fuel tax cuts might come to a screeching halt after 3 months, as officials warn gradually removing discounts could be tricky
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
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ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
Government reacted to high petrol prices like it did to Covid, side-stepping usual processes to rush through a temporary tax cut
18th Mar 22, 5:16pm
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Government reacted to high petrol prices like it did to Covid, side-stepping usual processes to rush through a temporary tax cut
Economists critical of Government's decision to temporarily cut fuel taxes and halve public transport fares, calling the move a 'short-term band aid'
17th Mar 22, 3:42pm
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Economists critical of Government's decision to temporarily cut fuel taxes and halve public transport fares, calling the move a 'short-term band aid'
Patrick Watson says if you thought last month’s inflation was hot, think again. It’s going to get hotter
16th Mar 22, 11:16am
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Patrick Watson says if you thought last month’s inflation was hot, think again. It’s going to get hotter
Government cuts petrol excise duty and road user charges, and halves public transport fares for three months; ANZ economists see this cooling inflation a touch
14th Mar 22, 6:03pm
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Government cuts petrol excise duty and road user charges, and halves public transport fares for three months; ANZ economists see this cooling inflation a touch
Refining NZ say work 'well advanced' to prepare the Marsden Point site to operate as an import-terminal and to plan for the safe shutdown and decommissioning of the refinery
22nd Nov 21, 9:18am
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Refining NZ say work 'well advanced' to prepare the Marsden Point site to operate as an import-terminal and to plan for the safe shutdown and decommissioning of the refinery
Moves to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer are now taking effect
10th Aug 21, 8:55am
12
Moves to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer are now taking effect
New Zealand's only oil refinery at Marsden Point to become an import-only fuel terminal
6th Aug 21, 2:38pm
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New Zealand's only oil refinery at Marsden Point to become an import-only fuel terminal
Shareholders in NZ's only oil refinery will vote next month on plans to turn it into an import-only facility by the middle of next year; the move's expected to cost in excess of $350 million
5th Jul 21, 12:12pm
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Shareholders in NZ's only oil refinery will vote next month on plans to turn it into an import-only facility by the middle of next year; the move's expected to cost in excess of $350 million
New Zealand's only oil refining company is pressing ahead with plans to convert its Northland refinery into an import terminal after reaching agreements with Z Energy
25th May 21, 9:50am
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New Zealand's only oil refining company is pressing ahead with plans to convert its Northland refinery into an import terminal after reaching agreements with Z Energy
New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
17th Feb 21, 10:09am
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New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer
25th Jun 20, 10:29am
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An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer
Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
11th May 20, 9:28am
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Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
Refining NZ is considering getting out of refining and becoming solely a fuel importer
15th Apr 20, 11:08am
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Refining NZ is considering getting out of refining and becoming solely a fuel importer
Govt promises law change this year to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer
27th Feb 20, 11:06am
16
Govt promises law change this year to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
5th Dec 19, 8:42am
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Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
New figures show the Consumer Price Index rose 0.7% in the September quarter and 1.5% year-on-year - more than expected by the RBNZ; Higher household costs largely behind the rise; NZ$ up momentarily
16th Oct 19, 10:57am
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New figures show the Consumer Price Index rose 0.7% in the September quarter and 1.5% year-on-year - more than expected by the RBNZ; Higher household costs largely behind the rise; NZ$ up momentarily
New Zealand may have just seen its biggest quarterly price rises in a year - and yet at the same time annual inflation could drop to an 18 month low
14th Oct 19, 12:00pm
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New Zealand may have just seen its biggest quarterly price rises in a year - and yet at the same time annual inflation could drop to an 18 month low
Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
20th Aug 19, 9:19am
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Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
Inflation up 0.6% in June quarter in line with RBNZ expectations; Rise comes off the back of higher petrol prices and rents; Market reaction muted
16th Jul 19, 10:56am
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Inflation up 0.6% in June quarter in line with RBNZ expectations; Rise comes off the back of higher petrol prices and rents; Market reaction muted
Economists expect June quarter inflation to pick-up in line with the Reserve Bank's expectations; All eyes will be on whether there are enough underlying weaknesses in the data to prompt two more OCR cuts this year
13th Jul 19, 9:03am
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Economists expect June quarter inflation to pick-up in line with the Reserve Bank's expectations; All eyes will be on whether there are enough underlying weaknesses in the data to prompt two more OCR cuts this year
Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
11th Oct 18, 6:43pm
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Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
Energy and Transport Minister Bridges warned oil companies about high profit margins in early Feb; says margins have fallen back to acceptable levels
19th Feb 15, 3:18pm
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Energy and Transport Minister Bridges warned oil companies about high profit margins in early Feb; says margins have fallen back to acceptable levels
Andrew Patterson talks to Mike Bennetts of Z Energy about how he has re-positioned the old Shell brand and is re-engaging with customers
23rd Sep 13, 12:03pm
Andrew Patterson talks to Mike Bennetts of Z Energy about how he has re-positioned the old Shell brand and is re-engaging with customers