News and releases

The deadline for consultation on proposals for regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill has been extended from 24 August to 7 September 2021.

Consultation on proposals for regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill has now opened.

Details of New Zealand’s petroleum reserves as at the beginning of 2021 have been released today by the Ministry of Business, Innovation & Employment.

Two onshore petroleum exploration permits have been today granted for Block Offer 2019.

Consultation has commenced on proposals to enhance the energy efficiency regulatory system for products and services, and support the achievement of New Zealand’s future energy efficiency and emissions reduction goals.

The demobilisation phase of the Tui oil field decommissioning is almost complete after the successful disconnection of the floating production, storage and offloading vessel Umuroa, says the Ministry of Business, Innovation and Employment.

The Ministry of Business, Innovation and Employment and Te Kāhui o Taranaki Trust have today entered into a partnership agreement for engagement within Taranaki Iwi on the project to decommission the Tui Field.

A decline hydro and wind generation in the last quarter of 2020 led to a small decrease in the share of electricity generated from renewable sources according to the New Zealand Energy Quarterly released today by the Ministry of Business, Innovation and Employment.

New data released today reveals how restrictions put in place after the re-emergence of community-related COVID-19 cases impacted on the energy sector in the third quarter of 2020.

The Ministry of Business, Innovation and Employment (MBIE) has signed an agreement with BW Umuroa Pte. Ltd (BWU), the owner and operator of the FPSO Umuroa, to demobilise and disconnect the vessel from the Tui Oil Field.