Oil and Gas stories
Wireless automation in industrial processes set to grow at 16.19% over next 5 years, says Research and Markets.
Mobile reporting is speeding safety incident logging and compliance in remote industries, helping firms capture data in real time and cut risk.
Upstream spending is rebounding as oil majors push through more low-risk projects, with sanctions set to nearly double to 25 this year.
Oil and gas groups face pressure to diversify as analysts forecast wind and solar could absorb more capital by 2030, despite limited production gains.
Consumers in New Zealand may be paying too much for petrol after a study found retail fuel margins have risen significantly in five years.
Public anger over bottled exports is forcing ministers to confront whether New Zealand should charge commercial users for water.
Worksites can reduce hazards and downtime by having torque wrenches, pumps and cylinders serviced, calibrated and safety-checked on site.
As drones multiply in New Zealand, operators are increasingly seeking cover to protect against crashes, liability and legal action.
Workers in Arctic and desert sites can now use insulated emergency showers that meet ANSI and OSHA standards in extreme conditions.
Workers in oil and gas and wastewater sites can avoid frequent sensor changes and battery charging for two years with the new four-gas detector.
New Zealand Oil & Gas has gained three directors on an expanded board at Cue Energy Resources after securing 48 percent of the ASX-listed energy compa.
New Zealand shares rose, led by Meridian Energy as investors returned to the stock after eight days of decline.
A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to.
Petromac has developed a disruptive technology that allows oil and gas companies to get better data from wireline logging of oil wells.
New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.
NZ shares surge, led by Fletcher Building, amidst investor optimism before the company's expected robust earnings reveal next week.
Directors of ASX-listed Cue Energy Resources have advised shareholders to reject the 10 Australian cents per share takeover mounted by New Zealand.
New Zealand Oil & Gas is fulfilling industry analysts' predictions that falling oil prices would prompt mergers and acquisitions among smaller loca.
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
