News

The Government is seeking feedback on proposed regulatory options for the development of naturally occurring and orange hydrogen.

The minimum stockholding obligation for diesel importers will increase from 21 to 28 days of cover, bolstering New Zealand’s diesel reserves and resilience to supply disruptions.

Minister for Resources Shane Jones has launched New Zealand’s national Minerals Strategy and Critical Minerals List, documents that lay a strategic and enduring path for the mineral sector, with the aim of doubling exports to $3 billion by 2035.

Legislation reinstating petroleum exploration has been introduced by the Coalition Government.

A diversion agreement over an illegal gold mining operation at Millers Flat, Otago has delivered a resolution that benefits all parties, including reparation to the local community.

A draft list identifying minerals essential to New Zealand’s economy and susceptible to supply disruptions has been released for consultation.

One onshore petroleum exploration permit has today been granted through the Block Offer 2020 competitive tender process.

New Zealand Petroleum and Minerals has granted an offshore petroleum exploration permit after a court-ordered reconsideration and released the Block Offer 2020 Invitation for Bids for onshore petroleum exploration in Taranaki.

Specialist deep-sea divers have this week started work off the Taranaki coast to kickstart the second phase of the decommissioning of the Tui Oil Field which is being overseen by the Ministry of Business, Innovation and Employment (MBIE).

The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.